Word: paredes
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Young & Rubicam International was an old and esteemed ad agency when Edward N. Ney took charge as president and chief executive three years ago last week. Y & R was also, in its 48th year, just drowsy enough to have lost $40 million in billings in the previous 16 months and...
An air of crisis is spreading across the U.S. as the deepening energy emergency, triggered by the Arab oil embargo, has begun to pinch in small but ominous ways. Leisure activities, from boating trips to night football games, are being canceled; gasoline-short service stations are temporarily shutting down; and...
Ray pared down Shaw's job, letting him run the AEC's research program, but establishing a new division to handle the vital issue of reactor safety. Shaw argued that safety was an integral part of design. But Ray insisted: "Duplication in this case can do nothing but...
While Merrill Lynch professes to be bullish on America, Donald Regan, chairman of the largest brokerage of all, has more ursine feelings these days about Merrill Lynch. With trading volume fading and profits dwindling throughout the securities business, Regan has pared the salaries of Merrill Lynch's 140 highest...
During his two terms as Governor of California, Ronald Reagan has never quite lived up to his billing of "Mr. Conservative." A Democratic-controlled legislature has forced him to compromise. Though he has pared welfare rolls and held down property taxes, he has had to raise income taxes. Since he...