Word: orde
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...created 52 years ago. In October 1976, also without warning and also at a time of triumph, Paley sacked Backe's predecessor, Arthur Taylor, the self-confident financial expert Paley had hand-picked as president four years ear lier. Under Taylor, CBS profits had climbed to new rec ord levels. In the past decade, Paley had balked at turning over real authority to two other presidents, Frank Stanton and Charles Ireland...
...public ever more painful. Inflation-adjusting pay increases are already forcing the middle class into tax brackets once intended only for the superrich. In 1971 federal, state, local and Social Security taxes took 16.1% out of the average person's income. Last year the total hit a rec ord 18.5%. For those earning more than $25,900, Social Security taxes will increase by $183.90 this year, to $1,587.67. Next year the maximum bill will swell to $1,975.05, as part of a $16 billion increase in payroll taxes. A family of four earning $25,000 will need...
...strapped into an aisle seat on he 7 a.m. flight from LAX to ORD, and the baby next to you is screaming, and the turbulence is causing your stomach to bathe your just consumed sausage links and hash browns in acid, and you don't know how you're going to get through the next 4% hrs. because it's too early for a martini, and besides, you want to throw up. So you reach for that little paper bag in the seat-back pocket, and, hello! What's this? A slick, thick, technicolor magazine throbbing...
...piece of the show, Arnold Soboloff is wry-crisp in the role of a gay com poser and Barry Nelson never throws away a line, even the scrimpiest, that he hasn't impeccably polished. But the play goers are paying to see Liza, and at a rec ord Broadway top price of $25. Someone is gambling mightily that their love will not prove fickle...
...military man at the conference distinguished between leadership and command. "To oversimplify, a commander gets action by asserting his authority, his rank," said Army Colonel Peter Dawkins, 38, former Heisman Trophy winner as a West Point running back, Rhodes scholar and now commander of the infantry base at Fort Ord, Calif. "A leader is able to promote action by motivating people to do things...