Word: wakefields
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Dates: during 1970-1979
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Died. Ruth G. Wakefield, 73, creator of the tollhouse chocolate-chip cookie; of cancer; in Plymouth, Mass. In 1930 Wakefield and her husband opened an inn in an old tollhouse on the Boston-to-New Bedford road. One day she decided to add chocolate bits cut from a semisweet bar to liven up her mother's cookie recipe. The creation was an instant success. During World War II, millions of tollhouse cookies were shipped to servicemen overseas...
...Wakefield, Mass...
Improved Situation. Even though RCA's second largest subsidiary, NBC, has been suffering in the TV ratings race, the corporation's situation seems to have improved, perhaps coincidentally, since Sarnoff stepped down. The company is planning to sell Cushman & Wakefield, Inc., a commercial real estate subsidiary that it had acquired under Sarnoff, and is closing two unprofitable electronics plants. RCA's profits from telecommunications and its Hertz car-rental subsidiary have been healthy. Investors seem to be cautiously optimistic about the new RCA management, headed by President Anthony L. Conrad. RCA stock, which was selling...
...Lives; to Sammy Davis Jr., who is such a fan of Love of Life that he made a guest appearance on it; to former Texas Governor John Connally or Andy Warhol, who are among the 10 million followers of As the World Turns, or to Novelist Dan Wakefield, who often bursts into tears at 12:30 when the plangent music of All My Children wells up. At Princeton, something like a quarter of the student body drops everything to watch The Young and the Restless each afternoon. When Agnes Nixon, who created a campus favorite, All My Children, asked...
...began in 1948 with the parent corporation's National Broadcasting Co. subsidiary. He became head of NBC in 1955 and was elevated to the presidency of RCA in 1966. Shortly after, he started RCA on an ambitious diversification effort. His main acquisitions: Hertz Corp., Random House Inc., Cushman & Wakefield Inc. (real estate) and Coronet Industries Inc. (a carpet and furniture manufacturer). A majority of RCA's board backed Sarnoff throughout his acquisition program, and even last week directors did not criticize his management-but they thought his pay was high enough...