There’s oilfield services giant Baker Hughes—the descendant of Hughes Tool, a drill bit company ... renaming itself the ...

tying back to the Summa Corp. Summa was the holding company formed in 1972 to house the remaining business interests of entrepreneur Howard Hughes following the breakup of the Hughes Tool Company.

Hughes began his business career at the age of nineteen by taking over his father’s business, Hughes Tool Company. Hughes parlayed this small business into a highly successful and well-regarded ...