Word: quits
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Dates: during 1960-1969
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When Motorola's executive vice president, C. Lester Hogan, quit last month to become president of rival Fairchild Camera & Instrument, he took seven colleagues along with him. Besides suffering a prompt drop in the price of its stock, Motorola began worrying that the mass exodus would mean a loss of trade secrets. Last week it acted. Filing suit in U.S. District Court in Phoenix, Motorola Inc. asked damages against Hogan, his associates and Fairchild, also sought to enjoin Fairchild from hiring away any more...
...teaching, and the ghetto schools of San Francisco, he found, were just too rough. Larosa's students broke into fistfights almost daily, hurled paper clips, and hit him on the head with chalk and textbooks. Soon he had a bleeding ulcer and, on his doctor's advice, quit teaching. Last month, in a landmark ruling affecting a teacher, a California Workmen's Compensation Appeals Board decided that Larosa had "sustained injury arising out of his employment." His award: medical costs and $70 a week...
...from 1953 to 1961, whose antics drew national attention to the city of lights; of cancer; in Aurora. "When I first ran for mayor," said Egan, "they tried to prove I was crazy." He did little to prove otherwise, fired Aurora's entire police force (they refused to quit), called Khrushchev to enlist Red cops (no answer), and once demanded federal troops to put down an insurrection in the city council...
Likely to Quit. Having retreated from positions that the Big Board once vowed to defend, the exchange's Bob Haack gave no further ground in last week's testimony in Washington. He accused the Justice Department of "applying theoretical concepts without supporting facts." Unregulated rates, he said, would cause brokers to switch a good deal of trading from the exchange floor to their offices, creating splintered markets in which ordinary investors would have trouble buying or selling at fair prices. Chairman Gustave L. Levy of the N.Y.S.E. board of governors was even blunter. Justice's proposal...
...executive office where he plans his company's future, Baldrige does not act like a harsh produce-or-quit type. Soft-spoken and diffident, he has a unique way of arriving at hard decisions. He leaves his antique desk and, while thinking out the problem, tries to rope an aluminium contraption that represents the hind legs of a steer...