Word: order
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Dates: during 1960-1969
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...Ellman restaurant can be a challenge to belief. A diner bound for Manhattan's Orangerie, for instance, can be picked up and delivered at the restaurant by a customer-service Citroën painted all over with orange blossoms. In the foyer he passes a concierge ready to order theater tick ets or call home to see if the wife and children are O.K. Seated on a black vinyl banquette beneath the leaves of a plastic orange tree, he swills down a triple martini poured from a Boodles bottle and served in a pitcher. By then...
Died. James P. Warburg, 72, multimillionaire financier and author of dozens of books on U.S. foreign policy (Peace in Our Time?, 1940; The West in Crisis, 1959); of a heart attack; in Greenwich, Conn. Wealthy by birth, well placed in banking, Warburg had every reason to support the established order. Instead, he became an articulate advocate of new, often radical political maneuvers, assailing such elements of U.S. policy as the refusal to seat Communist China in the U.N., and America's stress on military rather than socioeconomic solutions to the cold...
LIKE all his predecessors, Robert Haack, president of the New York Stock Exchange, speaks proudly of the Big Board's "preeminent position in the securities industry." Then he utters what his predecessors would surely have deemed blasphemy-the thought that this dominance is not part of the order of nature but could be lost if the exchange does not adapt itself to "a totally new set of conditions." Largely because it has so far been highly resistant to just such a basic change, the Big Board is in trouble today...
Everyone in the group had his pick of jobs, but many turned down offers from dozens of big firms in order to join a small company. The pay might be somewhat more modest there, but the responsibility is larger and the promotions potentially faster. Nobody in the group accepted the highest bidder, and few were interested in general training programs that are easy to get lost in. These students will not have to work their way painfully up through the ranks; they begin fairly close to the top. Many of today's business students have been in the armed...
...allowance, however, the managers of Atlantic-Richfield, British Petroleum and Jersey Standard believe that the find will be so profitable that they plan to invest $900 million in an 800-mile pipeline. It will bring the oil to the ice-free port of Valdez, Alaska. In order to expand its marketing of Alaskan oil, British Petroleum last week announced its intention of merging with Standard Oil of Ohio, whose stock promptly shot up 271 points to close...