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Vertical Take-Off. With the Lehman-raised cash, Thornton and Ash bought Litton, then a small microwave tube manufacturer, and began broadening its spectrum by picking up a handful of other small electronics firms. As its stock soared. Litton found it easy to swap shares for control of larger companies...

Author: /time Magazine | Title: Corporations: According to Plan | 9/15/1961 | See Source »

Pontiac. Following the 1962 trend toward pizazz. Pontiac has turned out a Grand Prix hardtop coupe replete with stick shift, bucket seats and dual exhaust pipes. To differentiate it from the standard Pontiacs. which have new prow-shaped grilles, the Grand Prix grille is split by a vertical wedge. Like...

Author: /time Magazine | Title: Business: Rites of Summer (Contd.) | 9/8/1961 | See Source »

Eventually, of course, familiarity breeds content-one night at bedtime the little darlings, like many well-trained Disney animals, exchange a nutter of ever-so-cute kisses that will probably make every little girl say ah and every little boy say ugh. Fortunately for the little boys, the cord is...

Author: /time Magazine | Title: Cinema: A Dog's Best Friend | 8/18/1961 | See Source »

¶ A big transport plane with rotors on top for vertical take-off like a helicopter, two propeller engines for forward flight once aloft. The British are working on such a plane for the West (the Rotodyne), have not yet perfected it.

Author: /time Magazine | Title: Russia: Whoosh | 7/21/1961 | See Source »

In the 34 years of the Scripps-Howard National Spelling Bee, girls have been the winners almost 2 to 1. Last week in Washington, the championship went to a boy: John Capehart, 12, a Tulsa neurosurgeon's son who competed against 49 girls and 23 other boys picked from...

Author: /time Magazine | Title: Education: Spellbinder | 6/9/1961 | See Source »

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