Word: pioneers
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Then for a while, optimism faded. Practical uses for the new source of light, which scientists christened laser (for light amplification by stimulated emission of radiation), proved to be both scarce and elusive. Physicist Theodore Maiman, an early laser pioneer, described the new light source as "a solution seeking a problem." He was understandably impatient, but problem after problem has since been found- in ever increasing numbers. And the versatile laser is beginning to solve those problems in a manner that more than justifies the early, expansive claims. Lasers have become a $300 million-a-year business. As they...
...leaving in 1958 to head appliance-making Whirlpool Corp. He closed marginal outlets, invested much of Wards' pile of idle cash in big new suburban stores, revamped sagging catalog sales, upgraded merchandise lines, established long-term contracts with suppliers. Following Sears by entering finance, Brooker picked up the Pioneer Trust & Savings Bank of Chicago in 1966, later formed an insurance subsidiary. To help introduce Sears methods, he even hired scores of his competitor's executives, including Edward S. Donnell, Wards' president since...
...wife, Actress (The Honeymooners) Audrey Meadows,* have already bought their retirement spot: a ranch in the San Juan Mountains of southwestern Colorado. Predictably, it has been named the Lazy Six. But the only seat-of-the-pants pioneer still running a major U.S. airline feels that he has many things to accomplish before he and Audrey can ride off into the sunset. For one thing, Six wants to be on hand for the day when Continental takes delivery of the three huge 747s that it has on order. "I'm the guy who took a look...
Died. Lino Zanussi, 48, pioneer producer of Italy's modern home appliances; of injuries suffered in a plane crash; near San Sebastián, Spain. A high school dropout who took over his father's small stove business in 1946, Zanussi began expanding into other consumer lines, perceived the tastes and sales rhythm of Italians keenly enough to anticipate the postwar surge. Today, everything from refrigerators to TV sets emerges from the family-owned Industrie A. Zanussi, with an annual sales total of more than $100 million...
...Gottschalk's long-lost major works, notably the Montevideo Symphony and the one-act opera Escenas Campestres, have been found in a private collection in Rio de Janeiro and have been purchased for the New York Public Library by Concert Pianist Eugene List. 'He was a real pioneer," says List. "His writing is sometimes Chopinesque, sometimes Lisztian, but always definitely American in flavor. It's scintillating, tuneful, fresh. It could have been written today...