Two years probably wasn’t going to be enough time for railroads to install crash-avoidance technology on 23,000 locomotives and 60,000 miles of tracks, in the biggest rail-safety project in U.S. history.
John F. W. Rogers is known on Wall Street for four initials and an enviable fact of corporate geography. The F. and W. stand for Francis and William, though why Rogers uses them both is one of several mysteries he has either gone out of his way to cultivate or never seen fit to explain.
The Beatles’ former London headquarters, where the band performed for the last time on the rooftop, may become an Abercrombie & Fitch Co. store after planning authorities recommended the proposal over objections from retailers in the area.
Rawleigh Warner, the Mobil Oil Corp. chairman and chief executive officer who took corporate image- management to a new level through company sponsorship of “Masterpiece Theater” on public television and paid opinion pieces that appeared in U.S. newspapers, has died. He was 92.