Word: philco
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...Burger, 49, a G.E. division manager before he went off to jail, was elected president of LeTourneau Westinghouse Co., a subsidiary of Westinghouse Air Brake Co. that makes construction and earth-moving equipment. Frank E. Stehlik, a G.E. general manager who got a suspended sentence, was hired by Philco Corp. as manager of its communications and weapons division. Two other indicted G.E. executives have also landed jobs, and one has retired. Ten ex-G.E. men are still searching for companies that will let bygones be bygones...
...working as a radio scriptwriter on "a schedule so tight," he remembers, "that it would only work if I didn't sleep on Monday nights." He wrote daily sketches for Celeste Holm and Alfred Drake, material for Victor Borge and Hildegarde, turned out great hunks of audiopageantry for Philco Hall of Fame and Cavalcade of America, all the while keeping dark the personal secret that he was an heir to the loverly fortune that his father (once an Atlantic City dentist) and uncles had built up by converting a small blouse-making firm into the national chain called Lerner Shops...
...might move elsewhere. When Ford located a new Falcon plant in Ohio, Williams put on his straightest face and complained that the company was depriving Michiganders of jobs. This year the Republicans' most effective campaign document is a list of 40 key companies-from ACF Industries to Philco-that have left Michigan. In the past decade, the number of manufacturing jobs in Michigan dropped from 1,070,000 to 983,000. At the same time, manufacturing employment went up 4.9% in Ohio, 7.5% in Wisconsin. In 1959 the U.S. classified nine Michigan cities as depressed areas, and Detroit...
...mess of colossal proportions," wrote Crosby, recalling better days under the "visionary" regime of Pat Weaver and citing the network's decline in quality during the gradual transition from good dramatic shows like Philco Playhouse to dreary series like Riverboat. Moreover, said Crosby, the network profits were falling off sharply. And in five years, by the ratings, it had sunk from the No. 1 to the No. 3 network...
...Philco...