Word: groups
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Dates: during 1960-1960
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...chief. Martin's men at Cape Canaveral are as good as any. Yet they complain of silly rules that forbid coffee or Coke breaks (one Denver scientist was recently dismissed for drinking Coke from a Thermos at his desk). Ten topnotch engineers of Martin's missile-test group recently went looking for new jobs as a group because, as one engineer said, "I'd like to work in a happy shop for a change...
...Missouri Pacific Class B stock. 18% of Webb & Knapp real estate firm, plus 24% of the voting stock in Investors Diversified Services, an investment trust worth close to $3 billion. All told, Alleghany's assets amount to $134 million, and they are enough to give any group of managers all the leverage they need to wheel and deal. But last week Alleghany's wheeler-dealers were laid low by a small stockholder who did not like the way they were running things. He is Randolph Phillips, 48, a tough, Harvard-educated financial marksman who has been sniping away...
...with everyone connected with Alleghany, first with Young, then with Young's old friend, Alleghany Chairman Allan P. Kirby, 67, and all his allies. Phillips' complaint: Alleghany's executives were conducting Alleghany's affairs "primarily in the interests of themselves and a small group of insiders." He argued his case vigorously...
Last week the cross-Channel dig was back in the news. After two years of underwater testing and 56,000 interviews with Dover-to-Calais travelers, a combined group of English, French and U.S. engineers and economists prepared to announce, in a $700,000 report, that a tunnel through the chalk strata between England and France was both technically and economically feasible. Sir Ivone Kirkpatrick, onetime head of the Foreign Office, and now co-chairman of the Channel Tunnel Study Group, indicated that the 36-mile rail tunnel under the Channel would cost over $300 million, could bring...
Bell Telephone Hour (NBC, 8:30-9:30 p.m.). A group of America's "entertainment ambassadors" abroad brought together to show the home folk their sales pitch. Among them: Louis Armstrong, Shirley Jones, Jane Froman, Taina Elg, Allegra Kent. Color...