Word: product
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Dates: during 1960-1969
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...British inventors. It was demonstrated in London last summer. A television tape of its debut was run soon afterward on NBC's Today show, where it caught the eye of Cinerama Inc. President Nicolas Reisini. Reisini, a man of wide-screen vision, was looking around for a new product to highlight Cinerama's plans for diversification, and he hoppec a plane for London that very day ant started negotiations for world right: to Telcan...
Died. Avery Comfort Adams, 65, chairman from 1958 until last May of Jones & Laughlin Steel Corp., the nation's fourth largest producer (1962 sales: $790 million), a suave product of Choate and Yale ('20) who served as a top executive in eight other steel companies before taking over as boss of Jones & Laughlin, where he bitterly contested fellow Choate Man John F. Kennedy's 1962 rollback of steel prices, declaring himself an original member of "the S.O.B. Club"; of a heart attack; in Pittsburgh...
Tidy Income. Companies that accumulate lists fall into two clear-cut categories. One is made up of firms that produce lists as a by-product of their regular business-magazines, gift houses, professional associations, book and record clubs, credit-card firms, charities. They make a tidy side income (as much as $250,000 a year for an active list of 1,000,000 names) by renting them out through some 30 U.S. list brokers. Industry sources estimate that the Diners Club makes more than $350,000 a year circulating its members' names...
...twelve as a summertime tablet mixer, became the $35-a-week treasurer of the small firm after graduating in pharmacy from the University of Michigan. When he took over as president in 1936, he prescribed a strong tonic to make the Skokie, III., company grow. He trimmed its product line from 800 to 16 quality items. The list has since grown to 30, and now includes Enovid, a contraceptive pill whose booming international sales have also boosted the sale of other Searle products. Last year the company earned $13.8 million on sales of $56 million; it now sells...
First, the Speaker is the product of partisan politics and seniority, which are not necessarily linked to his political ability. True enough, there have been great Speakers like Henry Clay and Sam Rayburn, but by far the majority, including McCormack, have been mediocre. Because most Speakers become acclimated to the slow procedural process of House activity, they simply do not have the energy and initiative required of a President. Besides, the House's seniority system makes the Speaker too old to endure the pressures and demands of the Presidency. Speakers are chosen for reasons other than being men of Presidential...