Word: telegraphe
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...Free Press was founded in 1947 after I.T.U. printers lost a contract battle with Colorado Springs' evening Gazette Telegraph (25,417), owned by hidebound Raymond Cyrus Hoiles (TIME, July 15), whose radically right-wing views fall just short of anarchy. Since last October Editor-Publisher Edward J. Byrne has fired 42 of 117 staffers (including five printers), Byrne warned last week that the paper is still in the red, will be folded if it is not in the black...
...giants of U.S. industry rolled out their 1957 earnings reports last week, there were some surprises. American Telephone & Telegraph Co. bopped General Motors Corp. as the nation's No. i earner -$852.9 million to $843.6 million-the first time in eleven years that G.M. has been dethroned. And some of the biggest companies showed earnings gains for the fourth quarter, despite the recession. > General Motors' yearly profits dipped to $2.99 a share v. $3.02 in 1956, but fourth-quarter earnings rose...
American Telephone & Telegraph Co. (all named as coconspirators, but not as defendants) to license their patents as well as its own, has thus won control of more than 10,000 patents that netted it 77% of all patent royalties paid by the radio-television industry in 1953. When another company wanted a patent to manufacture an electronic device, the charge continued, RCA insisted that it buy a "package" of patents that might include thousands of patents not needed or wanted...
Dozens of other companies have similar programs, including such corporate giants as General Motors, IBM, International Harvester, Alcoa, U.S. Steel and Ford Motor Co. American Telephone & Telegraph Co. has put 1,800 executives through its four-year-old management training center in Asbury Park, N.J., offers additional training for thousands of executives among its far-flung subsidiaries. Most companies see to it that their executives get courses closely related to business, but a few have bravely plunged into more cultural territory. Bayuk Cigars Inc. (Phillies, Websters) gives its executives courses in anthropology and art, is planning-to add a course...
...Publisher Annenberg, whose booming Triangle Publications will add the Daily News to its rich grab-bag collection (TV Guide, Seventeen, Daily Racing Form, Morning Telegraph), saw a promising opportunity for a light-feature and top-of-the-news sheet that will not try to match the intensive local coverage of his Inquirer or the prosperous Bulletin. Under its new publisher, the Daily News will go from a semi-morning paper (six editions, from midnight to noon) to one-shift afternoon publication (two editions, at 8:30 a.m. and 1 p.m.), in competition with the Bulletin. It will drop its pallid...