Word: rand
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...corporation, Americans have a penchant for making lists of the best and the worst, then arguing about the results. Since 1939, when Psychologist E.L. Thorndike devised a "goodness index" to rate U.S. cities, no rankings have inspired more disagreement than those about home sweet home. The latest edition of Rand McNally's Places Rated Almanac can only add to the controversy. According to the 449-page paperback released last week, the best all-round metropolitan area in which to live in the U.S. is Pittsburgh. The worst: Yuba City, Calif...
...prison," he said. "On the other hand, we cannot order their release if they remain committed to violence, sabotage and terrorism." Critics questioned Botha's motives, suggesting that he had acted to get into the open the issue of the A.N.C.'s advocacy of violent change. Asked the Rand Daily Mail: "Was it a ploy, couched in such terms that Mandela had little choice but to reject...
After taking over from Geneen in 1980, Chairman Rand Araskog tentatively began to shed some of the conglomerate's less profitable divisions; last week he announced that ITT was going on the corporate equivalent of a crash diet. In the coming months, it plans to sell more than a dozen subsidiaries with assets of $1.7 billion. That will be a 12% slash in the company's current assets of $14.1 billion. Officials disclosed only a partial list of the units for sale. They include Eason Oil, the Bobbs-Merrill publishing house and O.M. Scott & Sons, which makes Turf Builder lawn...
...argued with on both counts. The Soviets held no clear overall superiority in 1980, and the U.S. has made no decisive gains in the Reagan years (see chart). When Reagan took office, the Soviet Union could deliver 7,925 nuclear warheads against the U.S., according to calculations made by Rand Corp. Analyst Edward Warner. Nearly four years later, that total had grown to 8,700. During the same period, the number of strategic U.S. warheads has gone from 10,034 to 11,140. (Because of different methods of determining how many warheads are deployed at any time, the counts vary...
What particularly rattles Chairman Rand Araskog, 53, is that the plotters could be getting help from some of his own colleagues. Last week Edward Gerrity Jr., ITT's public relations chief since 1961, admitted that the company had suspended him after accusing him of feeding bad news to the financial press. Sources at the Securities and Exchange Commission, meanwhile, confirmed that the agency is investigating whether someone outside the company is breeding rumors about ITT in order to make an illicit stock profit...