Word: shrewd
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...News has slid a long way since 1947, when Publisher Manchester Boddy's sharp editorial pen and General Manager Robert Smith's shrewd business sense pushed the paper's circulation to nearly 300,000. But in Los Angeles, where the News is the only pro-Democratic paper among the city's five dailies, the paper did not keep up with the competition, especially that of the breezy, afternoon tabloid Mirror, started in 1948 by Los Angeles Times Publisher Norman Chandler (TIME, Aug. 16, 1948). While the Mirror grew (to 212,903), the News slipped to under...
Petri soon showed a shrewd eye for a smart deal. In 1949, he bought up the big Mission Bell winery in the San Joaquin Valley for $3,250,000, thereby doubled Petri's storage capacity to 20 million gals. He also figured that it was more profitable to distribute wine than to grow and crush grapes. So in 1951 he helped organize 300 small-and medium-size San Joaquin growers into the Allied Grape Growers, Inc., a cooperative to which he sold all his wineries in the valley. In return, Petri got exclusive marketing rights to Allied...
Even before the Communists agreed to exchange sick and wounded prisoners, one shrewd Chinese commander near Panmunjom hastened to prove himself a friend of the new Red "humanitarian" line. Early one foggy morning last week, U.S. marines on a western-front outpost heard a surprising announcement over an enemy loudspeaker: "Attention all officers and men. We have one of your wounded. Send two men as soon as possible . . . We will allow you to come as far as the defilade area without firing...
Among world oilmen, Norwegian-born Torkild ("Cap") Rieber, a hardfisted, hard-swearing ex-sailor, is an operator whose shrewd deals and big projects have made him something of a legend in the industry. It was Rieber who landed the famous Barco concession in Colombia for the Texas Co.. built a mile-high pipeline across the Andes, wangled a half-interest for Texaco in the rich Bahrein fields on the Persian Gulf. After he resigned as Texaco chairman in 1940. he carved a new career for himself as boss of Barber Oil Corp...
...Miss Allen displays a light, flexible soprano in her numerous arias, Mr. Barbeau an agile yet powerful bass. Anthony Giarraputo's characterization of the other miser is consistently funny. Peter Elvin's caricature of the hero perhaps goes beyond his intentions at times. Elizabeth Kalkhurst is appealing as the shrewd maid...