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Rapid-American
Meshulam Riklis ( he, משולם ריקליס; 2 December 1923 – 25 January 2019) was an Israeli financier and businessman. Early years Born in Istanbul to a Russian-Jewish family, Riklis grew up in Tel Aviv, and attended the Herzliya Hebrew Gymnasium high school; before coming to the United States in 1947 with his first wife, Judith Stern, with whom he had three children: Simona (Mona), Marcia, and Ira. He studied mathematics at Ohio State University, graduating in 1950. His first significant job was as a junior stock analyst for the Minneapolis investment firm Piper Jaffray. Business career Riklis is credited with having originated complicated paper transactions like high-yield bonds and leveraged buyouts to take over control of major companies, then doing paper switches of the assets into companies he owned. His first significant foray was the creation in 1966 of the Rapid-American Corporation by combining his significant stake in Rapid Electrotype Company, a platem ...
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McCrory Stores
McCrory Stores or J.G. McCrory's was a chain of five and dime stores in the United States based in York, Pennsylvania. The stores typically sold shoes, clothing, housewares, fabrics, penny candy, toys, cosmetics, and often included a lunch counter or snack bar. They also exclusively sold Oriole Records, one of the most popular ' dime store labels' from 1921 to 1938. Founding John Graham McCrorey (1860-1923) opened his first store in Scottdale, Pennsylvania, in 1882. By 1885, the chain had five stores in Pennsylvania. McCrory was known for his thrifty nature, so much so that he legally dropped the ''e'' from his last name so he would not have to pay for extra letters on his store signs. One of the firm's policies was to acquire locations whenever property could be found at a reasonable purchase price. In November 1925, approximately ⅔ of its stores were leased, with the remainder owned by a subsidiary, the McCrory Realty Corporation. The retailer's gross sales approached $ ...
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Playtex
Playtex is an American brand name for undergarments, baby products, gloves, feminine hygiene products, and sunscreen. The brand began in 1947 when International Latex Corporation (ILC) created a division named Playtex to produce and sell latex products. Playtex was the first to advertise undergarments on national television in 1955, written by Howard Shavelson at Olgilvie and Mather, and the first to show a woman wearing only a bra from the waist-up in a commercial in 1977. They developed space suits for the Apollo program. Playtex-branded tampons were introduced in the 1960s and became the primary competition to incumbent Tampax. Playtex invented the plastic tampon applicator in 1973. It was one of the tampon manufacturers that were sued for aggressively advertising over-absorbent tampons that led to toxic shock syndrome. Playtex was acquired by Esmark in 1975, and then by Beatrice Foods in 1985. A year later, it was acquired for $1.25 billion, and its cosmetics brands were so ...
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Istanbul
Istanbul ( , ; tr, İstanbul ), formerly known as Constantinople ( grc-gre, Κωνσταντινούπολις; la, Constantinopolis), is the List of largest cities and towns in Turkey, largest city in Turkey, serving as the country's economic, cultural and historic hub. The city straddles the Bosporus strait, lying in both Europe and Asia, and has a population of over 15 million residents, comprising 19% of the population of Turkey. Istanbul is the list of European cities by population within city limits, most populous European city, and the world's List of largest cities, 15th-largest city. The city was founded as Byzantium ( grc-gre, Βυζάντιον, ) in the 7th century BCE by Ancient Greece, Greek settlers from Megara. In 330 CE, the Roman emperor Constantine the Great made it his imperial capital, renaming it first as New Rome ( grc-gre, Νέα Ῥώμη, ; la, Nova Roma) and then as Constantinople () after himself. The city grew in size and influence, eventually becom ...
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Fabergé (cosmetics)
Fabergé () is a brand name that was inspired by the House of Fabergé jewellery firm, which had been founded in 1842 in Russia. The name was used for various personal care products (including cosmetics) that were manufactured under the direction of Samuel Rubin (from the late 1930s to 1964) and then by George Barrie (from 1964 to 1984). The Fabergé company was sold by Barrie in 1984 and was subsequently acquired by Unilever in 1989. In 2007, the Fabergé trademarks, licences and rights were sold by Unilever and transferred to a new company named Fabergé Limited, which announced its intention to make Fabergé a luxury goods brand. History Samuel Rubin During the course of business ventures in communist Russia during the 1920s, American oil tycoon Armand Hammer acquired many objects made by the original House of Fabergé, including Fabergé eggs. In 1937, Hammer’s friend Samuel Rubin, owner of the Spanish Trading Corporation (which imported soap and olive oil), closed down ...
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Riviera Hotel And Casino
Riviera (colloquially, "the Riv") was a hotel and casino on the Las Vegas Strip in Winchester, Nevada, which operated from April 1955 to May 2015. It was last owned by the Las Vegas Convention and Visitors Authority, which decided to demolish it to make way for the Las Vegas Global Business District. The hotel had more than 2,100 rooms, fewer than half of which were located in a 23-story tower. The casino had of gaming space. History Development and founding The casino was first proposed by Detroit mobster William Bischoff as the Casa Blanca, and received a gaming license in 1952. Bischoff later withdrew from the project, which was taken over by Miami businessman Samuel Cohen. By March 1955, Cohen, identified as a member of Miami's S & G gambling syndicate, was no longer part of the investment group, though rumors persisted that he secretly maintained an involvement. Marx Brothers Harpo and Gummo held minority interests at the opening. The Riviera opened on April 20, 1955, as t ...
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Ted Arison
Ted Arison ( he, תד אריסון; 24 February 1924 – 1 October 1999) was an Israeli businessman who co-founded Norwegian Cruise Lines in 1966 with Knut Kloster and soon left to form Carnival Cruise Lines in 1972. Early years Arison was born Theodore Arisohn on 24 February 1924 in Tel Aviv (in the then British Mandate of Palestine) to Meir, a wealthy businessman, and Vera Arisohn. He was a third-generation sabra of Romanian descent and studied commerce and economics at the American University of Beirut. During World War II, he enlisted in the Jewish Brigade of the British Army and fought in Italy. After the British departure, he served as an officer in the Israel Defense Forces during the 1948 Arab–Israeli War, eventually achieving the rank of Lieutenant Colonel. From 1946 to 1951, he managed M. Dizengoff & Co., a shipping company. Career Frustrated by the lack of business opportunities, Arison wrapped up his business and moved to the United States after 1952. He ...
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Carnival Cruise Line
Carnival Cruise Line is an international cruise line with headquarters in Doral, Florida. The company is a subsidiary of Carnival Corporation & plc. Its logo is a funnel (ship), funnel shaped like a whale's tail, with a red, white, and blue color scheme. This trademark funnel design is built onto the line's ships. Carnival is ranked first on the list of largest cruise lines based on passengers carried annually. , Carnival Cruise Line operates a fleet of 24 ships. They have one additional new build on order and a further two ships will join the fleet in 2023 and 2024, following a new joint venture deal between Carnival and Costa. Company structure Carnival is one of ten cruise lines owned by the world's largest cruise ship operator, the American-British Carnival Corporation & plc. In 2021, Carnival Cruise Line was estimated to hold a 7.6% share of cruise industry revenue and 18.2% of passengers. It has 24 vessels and is the largest fleet in the Carnival group. The ships fly Flag ...
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Carl Icahn
Carl Celian Icahn (; born February 16, 1936) is an American financier. He is the founder and controlling shareholder of Icahn Enterprises, a public company and diversified conglomerate holding company based in Sunny Isles Beach. Icahn takes large stakes in companies that he believes will appreciate via changes to corporate policy and he then pressures management to make changes that he believes will benefit shareholders. He was one of the first activist shareholders and is credited with making that investment strategy mainstream for hedge funds. In the 1980s, Icahn developed a reputation as a "corporate raider" after profiting from the hostile takeover and asset stripping of Trans World Airlines. Icahn is on the ''Forbes'' 400 and has a net worth of approximately $17 billion to $24 billion. Since 2011, Icahn no longer manages money for outside clients, although investors can invest in Icahn Enterprises. Early life and education Icahn was born in Brooklyn to an Ashkenazi J ...
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Los Angeles Times
The ''Los Angeles Times'' (abbreviated as ''LA Times'') is a daily newspaper that started publishing in Los Angeles in 1881. Based in the LA-adjacent suburb of El Segundo since 2018, it is the sixth-largest newspaper by circulation in the United States. The publication has won more than 40 Pulitzer Prizes. It is owned by Patrick Soon-Shiong and published by the Times Mirror Company. The newspaper’s coverage emphasizes California and especially Southern California stories. In the 19th century, the paper developed a reputation for civic boosterism and opposition to labor unions, the latter of which led to the bombing of its headquarters in 1910. The paper's profile grew substantially in the 1960s under publisher Otis Chandler, who adopted a more national focus. In recent decades the paper's readership has declined, and it has been beset by a series of ownership changes, staff reductions, and other controversies. In January 2018, the paper's staff voted to unionize and final ...
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Dewar's
Dewar's () is a brand of blended Scotch whisky owned by Bacardi, which claims the brand's "White Label" to be the top-selling blended Scotch in the US. Dewar's is also the world's most awarded blended Scotch whisky with more than 1,000 medals earned in international competitions. History The Dewar's whisky brand was created by John Dewar, Sr. in 1846. Under the control of his two sons, John A. Dewar Jr. and Thomas "Tommy" Dewar, the brand expanded to become a global market leader by 1896 and began to win several awards, including a gold medal in the 1904 St. Louis World's Fair. Tommy became famous as the author of a travel journal, ''Ramble Round the Globe,'' which documented his travels while publicizing the Dewar name. Dewar's eventually expanded their product by constructing the Aberfeldy Distillery in 1896. The company joined Distillers Company in 1925. Distillers was acquired by Guinness in 1986, and Guinness merged with Grand Metropolitan to form Diageo in 1997. Diageo ...
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Schenley Industries
Schenley Industries was a liquor company based in New York City with headquarters in the Empire State Building and a distillery in Lawrenceburg, Indiana. It owned several brands of Bourbon whiskey, including Schenley, The Old Quaker Company, Cream of Kentucky, Golden Wedding Rye, I.W. Harper, and James E. Pepper. Schenley Industries was also the owner of the producer of Cruzan Rum. It also owned a controlling interest in Blatz beer and made a Canadian whisky called Schenley Reserve, also called Schenley Black Label. It was the only liquor available to submarine officers at Midway in World War II, where it was held in low regard and known as "Schenley's Black Death". It also imported Dewar's White Label Scotch. History Schenley Products Company was organized in the 1920s by Lewis Rosenstiel. The company bought numerous distillers, including one in Schenley, Pennsylvania, and acquired a license to produce medicinal whisky. (The United States government had authorized six companies ...
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Samsonite
Samsonite International S.A. () is an American premium luggage manufacturer and retailer, with products ranging from large suitcases to small toiletries bags and briefcases. The company was founded in Denver, Colorado, United States. Its registered office is in Luxembourg and it is listed on the Hong Kong Stock Exchange. History The company was founded in Denver, Colorado, on March 10, 1910 by Black Hawk, Colorado-born luggage salesman Jesse Shwayder (1882–1970) as the Shwayder Trunk Manufacturing Company. A religious man, Shwayder named one of his initial cases Samson, after the Biblical strongman, and began using the trademark ''Samsonite'' in 1941 for its tapered vulcanized fiber suitcase, introduced in 1939. In 1965 after the Samsonite suitcase became its best-selling product, the company changed its name to SAMSONITE. For many years the subsidiary SAMSONITE Furniture Co. made folding chairs and card tables in Murfreesboro, Tennessee. The Shwayder family sold the compa ...
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