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...company in late 1979 from the chairman's job at Zenith, Akron-based Firestone was reeling under more than $1 billion in debt and an image problem in its most basic business. The company had been forced to recall some 9 million of its 500-model steel-belted radial tires because of alleged widespread defects. Nevin's strategy was to return Firestone's focus to tiremaking by spinning off distracting subsidiaries. He sold eleven businesses that manufactured dozens of items, from seat belts to beer kegs. Such products now constitute only 9% of the company's sales, down from...

Author: /time Magazine | Title: The Companies: Two in Pursuit Of a Turnaround | 2/16/1987 | See Source »

...factory performs a variety of operations, including cataract removal, glaucoma surgery and the implantation of lenses. But the most popular procedure is radial keratotomy, in which a series of fine spokelike incisions are made on the cornea to correct myopia. In a recent two-month period, boasts Fyodorov, 20 institute surgeons handled 1,600 such operations "with only four minor complications." The treatment, which he helped develop, is still controversial...

Author: /time Magazine | Title: Medicine: Moving Right Along . . . | 7/1/1985 | See Source »

About 11,000 companies make products for Sears. Some of the firms are well known. France's Michelin makes Sears RoadHandler steel-belted radial tires; Hamilton Beach supplies many of its tabletop kitchen appliances; Sunbeam provides irons; Singer makes Craftsman electric drills; Sanyo, Hitachi and Toshiba produce Sears television sets, stereos and videocassette recorders. Most of the suppliers, though, are unknown outside their industries, firms like Irwin B. Schwabe of Great Neck, N.Y., a shirt supplier and the largest maker of flannel shirts...

Author: /time Magazine | Title: Sear's Sizzling New Vitality | 8/20/1984 | See Source »

...Soviet eye surgeon, saw the film while visiting New York, and was disturbed by this myopic vision of the future: "It's not logical, I thought. So I wondered how we could avoid wearing glasses." That concern led Fyodorov to develop a radical new treatment for nearsightedness called radial keratotomy...

Author: /time Magazine | Title: Medicine: Bright Vision of the Future | 11/15/1982 | See Source »

...think Mr. Phillips should realize that the only thing he will be changing 20 years down the road will be his radial whitewalls on his Mercedes. Jim Beyer...

Author: NO WRITER ATTRIBUTED | Title: Revolution From the Inside | 2/27/1982 | See Source »

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