Word: steels
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Sixty percent of the monikers stem from mergers, acquisitions or divestitures. Republic Steel and Jones & Laughlin Steel merged into LTV Steel. Other conversions occur because executives are looking for a new style. Zenith Radio sought to be up-to-date by becoming Zenith Electronics. International Harvester, a truck manufacturer that was near bankruptcy two years ago, plans to change its name this year. It may become Navistar, evoking an image of starry skies instead of cornfields. A heavy truck by any other name, however, is unlikely to be sweeter...
DIED. Roger Miles Blough, 81, scholarly, reserved chairman from 1955 to 1969 of U.S. Steel, then the nation's fourth-largest company in terms of assets and the flagship of U.S. industry, who in 1962 had the misfortune to tangle with President John F. Kennedy over a proposed steel-price rise; in Hawley, Pa. An infuriated Kennedy called out several federal departments and agencies, including the antitrust division and the FBI, to investigate U.S. Steel; Blough had to back down from the price boost after other steel companies declined to follow his firm's lead...
Therefore the university joined an impressive coalition of corporate and individual investors, including Westinghouse, U.S. Steel, and Ryan Homes, dedicated to allowing the five-time World Series winners to remain in Pittsburgh...
Within six minutes, the headquarters of the Palestine Liberation Organization had been reduced to a pile of twisted steel and crumpled concrete. A two-story administration building and a house used by P.L.O. Chairman Yasser Arafat were demolished. Arafat was out of the area at the time, having long ago demonstrated that he has nine lives. But at least 60 Palestinians and Tunisians were killed in the attack, and more than 100 were injured. Among the dead were several of Arafat's bodyguards...
Recycling systems also show promise. Companies in California, for example, found that "pickling acid," which is needed in metal-processing plants to remove scale, could be mixed with zinc sulfate and used as a soil additive in citrus orchards, or mixed with air-filtered dust from scrap-steel plants to permit profitable recovery of zinc-iron compounds. Others have found that spent fluid from the manufacture of semiconductors could be used to refine old crankcase oil, helping to eliminate two disposal problems for the price...