Word: rand
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Dates: during 1980-1989
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...What has happened to Joe is symbolic of the plight of Black South African journalists," current Nieman Fellow Ameen Akhalwaya said yesterday. "More than any other journalist, he has shown the courage that the award stands for." Akhalways is a political reporter for the South African Rand Daily Mail...
DIED. Ayn Rand, 77, novelist and essayist, whose opinions inspired generations of conservatives, irritated liberals and entertained millions; in Manhattan. Born in Russia and educated at the University of Leningrad, she immigrated to the U.S. in 1926 and wrote the bestselling 1943 novel The Fountainhead, the story of an architect's uncompromising integrity. Yet her distinctive views were perhaps best summarized in the title of a 1965 work, The Virtue of Selfishness...
...such place is Minneapolis. Engineering Research Associates, a pioneering computer company, was founded there in 1946. After the firm was absorbed by Sperry Rand, William Norris, one of its founders, left to start Control Data Corp. in 1957, which he financed by selling 615,000 shares of stock for $1 apiece. Today a share of the original stock is worth $324. Another alumnus of Engineering Research was Seymour Cray, who built the world's fastest computers at his company, Cray Research. Both firms thrived in the Minneapolis area, and many other high-technology companies have sprung up near...
...renowned for technological innovation and did not even introduce the business computer. That honor belongs to Remington Rand, which unveiled UNIVAC in 1951. But IBM quickly produced its own machine and marketed it with a huge, tireless sales and service force. This was the personal army of Thomas Watson Sr., a sales genius who started his career peddling organs and sewing machines and wound up heading IBM from 1914 until his death in 1956. Watson ordered his troops to wear white shirts and post the famous THINK signs in their offices. They worked hard to discover what products businesses wanted...
These findings are only a few of the surprising conclusions in Places Rated Almanac (Rand McNally; $11.95 paperback), by Richard Boyer and David Savageau. The authors, who live in small Massachusetts communities not mentioned in their book, spent four years on research. The result: a 386-page study that rates 277 U.S. metropolitan areas on the basis of such factors as climate, housing, crime, transportation, education, recreation, the arts, taxes and jobs. Boyer, a former editor, and Savageau, an executive headhunter, rank each area only on statistics. Such nonmeasurable considerations as a city's charm or the quality...