Word: overnighters
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...while others are from old established families. Most are still little known outside their own fields. Frederick W. Smith, 37, is just another guy named, well, Smith. Yet his company, Federal Express Corp., has become a $600 million firm by delivering packages that "absolutely, positively have to be there overnight," as its ads claim. Nolan K. Bushnell, 39, invented Pong, the first video game, in 1972. He then sold his company, Atari, to Warner Communications in 1976 for $28 million. Steven Jobs, 26, the co-founder of five-year-old Apple Computer, practically singlehanded created the personal computer industry. This...
...Overnight Wonder...
...freight is something most Americans have never pondered. But Frederick W. Smith, 37, thought about it as far back as his undergraduate days at Yale in the mid-1960s. In a paper for an economics course, Smith proposed the idea of an airline that would carry small packages overnight from city to city. The airline would have its own aircraft and truck fleet, operate independently of the commercial schedules and routes and deliver its cargo anywhere in the U.S. between dusk and dawn...
...Losses were high at first-$29 million during the first 26 months-because fuel prices jumped after the 1973 Arab oil embargo. After that, the fortunes of Federal Express rose sharply. By the mid-1970s, revenues were running at 50% above projections. Smith now has plans to expand his overnight service to Europe...
...might consider taking out insurance, but who has not so far, is New York City Criminal Court Judge Alan Friess. Last year Friess was censured for inviting a woman murder suspect, whom he had released without bail, to stay overnight in his home with him and his girlfriend. Now Friess has touched off another minor furor. Faced with a repeat offender in a pickpocket case, Friess proposed a novel way to set the sentence. He offered the defendant the chance to toss a coin: heads for 30 days, tails for 20. The coin came up tails. Friess's flip...