Word: pioneers
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Dates: during 1960-1969
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What he did do was pioneer a new technology that gave later, greater artists a medium for more powerful expression...
...Industries, such mergers have had spectacular results. Under Chairman Charles Bluhdorn, Gulf & Western, which a decade ago was an ailing Houston auto-parts company, has gobbled up one company after another (among them: Paramount Pictures, New Jersey Zinc) to balloon into a $1 bil-lion-a-year operation. A pioneer in the conglomerate-building field, Los Angeles' Litton Industries, which was started almost from scratch by Chairman Charles B. ("Tex") Thornton (TIME cover, Oct. 4, 1963) and President Roy Ash in 1953, is still building. Last week, Litton (1966 sales: $1.2 billion) arranged to pick up yet another property...
...like to write letters, and I realized that when the war was over Rite-Kit would die." So how about Christmas? It should survive eternally. Katz therefore took his earnings from Rite-Kit, set up Paper-craft. He was willing to innovate; among other things, he helped pioneer the change from flat-folded Christmas wrappings to those sold by the roll. His stock in trade is the traditional design -Santa Claus, the Christmas tree, Donner, Blitzen, etc. This has helped him to become the main supplier of Christmas wrapping paper to tradition-minded giants like Sears, Roebuck...
Died. Willard Monroe Kiplinger, 76, pioneer in the newsletter business, a onetime Associated Press Washington bureau reporter who in 1923 borrowed $1,000 to start a mimeographed financial and Government tip sheet for businessmen, gradually built his weekly Washington Letter to a circulation of 250,000, and added four specialized letters (tax, agriculture, Florida, California -combined circ. 50,000), along with a monthly Changing Times magazine (circ. 1,000,000), all serving up more-or-less inside dope written in the skeletal style of telegram English; of heart disease; in Bethesda...
...rides to the hounds and plays chess, gives division managers authority on everything from design to advertising, while he concentrates on finances, futures and foulups. His father, who prefers bridge and gin rummy, has moved up to the largely honorary job of chairman, though he personally runs the pioneer division of the corporation that markets the Jonathan Logan juniors and roams through the showrooms to gloat over styles and glower at salesmen. "Now I'm 65," he says, "it gives me a place...