Word: programers
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Dates: during 1960-1960
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...prosperous C. & O., which earned $37,994,000 in the first eleven months of 1960 and has paid a dividend for all years except two since 1899, intends to pump money into the B. & O. system for a badly needed modernization program, will repair or replace the B. & O.'s worn freight cars. All told, Tuohy expects the merger ultimately to save the two lines $46 million a year...
Under the incentive program, 51 new factories turning out products ranging from transistor radios to giant shipyard cranes have been built for foreign firms in Ireland. For their share, foreign firms have invested about $84 million in plants and machinery. The plants have directly created 10,000 new jobs, indirectly another 10,000. Nearly one-quarter of the plants belong to West German firms, which, faced with a labor shortage at home, have turned to Ireland for a bountiful supply of workers. Besides Borden, twelve other U.S. firms, including Brunswick Corp., Standard Pressed Steel (electronic components) and Hallmark, have...
...BILLION EXPANSION program was announced by American Telephone & Telegraph Co. for 1961, second largest outlay in company's history, only $100 million below 1960 record. Chief new projects: launching an experimental communications satellite in a north-south orbit over the Atlantic to transmit telephone calls and TV between North America and Europe, and expanding the Data-Phone facilities, by which computers can communicate with one another over regular telephone lines...
...named president of Fairbanks, Morse & Co., a subsidiary of the Fairbanks Whitney Corp. A World War II fighter pilot (his bag: 15 Japanese aircraft, including one bearing Admiral Isoroku Yamamoto), Lanphier joined Convair in 1954, became key man in long-range planning for Convair's Atlas missile program. But his blunt criticism of the Administration's defense effort and sharp attacks on rival missilemakers provoked General Dynamics Chairman Frank Pace to ease him out. On his own, Lanphier stumped the country, pleading for increased spending for missiles, decided to work outside the defense field, took...
Christmas Startime (CBS, 5-6 p.m.). A rebroadcast of last year's program of Christmas music with Marian Anderson and the New York Philharmonic. Color...