Word: multibillions
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...show cancellation, the management of Columbia Broadcasting System, Inc., last week reached over the heads of at least two front-running executives to choose a president from outside. The new man is Charles T. Ireland Jr., 50, a Yale-trained lawyer and a senior vice president of ITT, the multibillion-dollar conglomerate. Ireland will rank third at CBS, after Chairman William S. Paley and Frank Stanton, who shifts from president to vice chairman. Stanton will retire in 1973, when Ireland will presumably move...
Beyond the often repeated arguments against the SST-that it would be a multibillion dollar gamble, represented an unrealistic ordering of national priorities and would endanger the environment-the congressional decision to kill the aircraft demonstrated a surprising indifference to presidential pressure. Representatives, especially, are attuned to political currents at home, and it is obvious that, at least at the moment, they do not fear the grass-roots political clout of Richard Nixon...
While the Russians moved swiftly to protect their multibillion dollar investment in Egypt, there was little the Israelis could do but sit back and wait?and hope. The government's television channels, after announcing news of Nasser's death, followed with an apt quote from Proverbs 24:17: "Do not rejoice when your enemy falls and let not your heart be glad when he stumbles." The Cabinet, hastily summoned, ordered Israeli front-line troops on alert until events were sorted out. Foreign Minister Abba Eban pointedly offered Nasser's potential successor a nonbelligerent atmosphere in which to operate. With...
Since it took to the skies in January, Boeing's 747 has had the multibillion-dollar superjet market all to itself. Last week in California, two hungry competitors served notice that Jumbo's period of splendid isolation is coming...
Doubts Dispelled. Until recently, radio telescopes were not designed to pick up such high frequencies, but the Bell researchers-Arno Penzias, Robert Wilson and Keith Jefferts-had some timely aid: a newly developed telephone transmission device that can convert frequencies in the multibillion-hertz range into more easily detectable radio frequencies of about 100 million hertz. After adapting this device to the National Radio Astronomy Observatory's 36-ft. dish antenna at Arizona's Kitt Peak, the Bell scientists aimed the radio telescope at the distant Orion Nebula, a region of glowing gases more than 1,600 light...