Word: multimillion
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Dates: during 1950-1959
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...torso, of , cheating on his income taxes. In Manhattan one of the hottest security cases in years was unfolding behind grand jury doors with the confession of Communist Spies Jack and Myra Soble and their accomplice, Jacob Albam. In Pennsylvania Bethlehem Steel Corp. lawyers worked and planned against the multimillion-dollar possibility that their proposed merger with the Youngstown Sheet & Tube Co. might be adjudged a threat to a free economy. And in Tallahassee, Fla. a White Citizens' Council member spat disgustedly as he spoke of the same "nigger lovin' s.o.b." against whom Southern Congressmen for weeks...
Architect Saarinen, whose office turns out multimillion-dollar projects for big corporations-General Motors, International Business Machines, T.W.A., etc.-has kept up furniture as a sideline ever since he designed his first piece (a bed for himself) at 16. He was co-winner of the Museum of Modern Art's Organic Design competition in 1941; his "Womb Chair," designed in 1946, remains one of the bestselling modern chairs ever made...
From coast to coast the speed of the new giant's growth is staggering. In Pinellas Park, Florida last week, General Electric just opened a multimillion-dollar X-ray plant. At St. Petersburg, Clearwater and Orlando, Minneapolis-Honeywell Regulator, Sperry-Rand and Glenn L. Martin Co. are planning three more plants and laboratories to produce guided-missile control systems and do advanced research in electronics. New England's electronics expansion has changed the name of Route 128 near Boston to "electronics highway" Massachusetts alone has some 500 electronics plants. And in Los Angeles, where a new electronics plant...
ANTITRUST SUITS by six companies against United Shoe Machinery Corp. may be settled out of court since United has paid $1,400,000 and some patent rights to get one of them dropped. Still pending are multimillion-dollar monopoly damage claims against United by Allied, International and Rapid shoe machinery companies, Hanover Shoe Co. and W. B. Coon...
...Zone between Kuwait and Saudi Arabia, meant more than just a new source of oil. For Wafra, it pushed output above 50,000 bbl. a day and increased estimated reserves to more than 5 billion bbl. For a tall, stoop-shouldered American named Jean Paul Getty, it was a multimillion-dollar payoff on a daring gamble...