Word: multimillions
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Dates: during 1950-1959
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...light bulbs, fans and heavy equipment-was virtually a new company, producing everything from jet-airplane engines to wakeless torpedoes. In Price's six years, it has undergone an even greater transformation, is now working on everything from the propulsion units for atomic submarines (at a new multimillion-dollar atomic-power plant in Pittsburgh) to tiny electronic pilots for guided missiles...
...Davies herself had patiently kept, during a painful fortnight in which she had a good chance to learn who her friends were. The empire's chieftains, who had once sought her favor, quickly gave her the brushoff. They had read the Chief's will: it left the multimillion-dollar Hearst fortune* to Hearst's widow and five sons and to charities, left the details of administration to his sons and eight other executors who assumed, as a matter of course, that they would run the business...
According to Green, he and his partners had done nothing outside the law. He was shocked when North Carolina's mild-mannered Congressman Herbert Bonner pointed out a flaw in Green's operations: he had failed to pay a 5% excise tax in his multimillion-dollar operation. The Philippine deal "stinks," said Bonner. It may not be illegal, he added, but it is "morally terrible ... We are in this one to stay for a while...
Last week a special Senate subcommittee gave Merl the Milkman the recognition he deserved. The investigators, led by Senator Fulbright (Dem., Ark.), reported that they had found the RFC's multimillion-dollar operations ridden by "favoritism" and dominated by outsiders wielding undue influence over RFC officials. White House Aide Donald Dawson, a shrewd veteran of 18 years in Washington's bureaucratic jungle was exercising "considerable influence" over certain RFC directors and had "tried to dominate" the agency from his White House perch. But, the Senators added, "the individual named most frequently in the reports of alleged influence...
...week RCA could have hired both men and saved itself many a future headache. Today, Frank Stanton is president of Columbia Broadcasting System and Peter Goldmark is CBS's top color-television engineer. Between them, they have led a series of determined assaults on RCA's vast, multimillion-dollar manufacturing, recording and broadcasting empire, are CBS's top men today in a serious threat to RCA's supremacy in television. Objective of their campaign: to sell the U.S. public CBS's brand of color television...