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...main reasons so many big companies opposed California's newly adopted Proposition 209, which effectively repeals government affirmative-action programs in the state. Cynical executives know that a passionately proclaimed commitment to equal opportunity is not only good public relations but also a tough defense against bias suits. They understand too that big investors shy away if a company's image is tarred by ugly charges of bigotry. Texaco's stock fell $3 a share in the first few days of the scandal--a loss of roughly $1 billion to shareholders, who are, after all, the real owners of companies...

Author: /time Magazine | Title: TEXACO'S HIGH-OCTANE RACISM PROBLEMS | 11/25/1996 | See Source »

Despite reports of Harvard's liberal bias, Bass's press secretary said Bass did not shun Harvard for that reason...

Author: By Jessie M. Amberg, | Title: K-School Plans Program | 11/16/1996 | See Source »

...provide $26.1 million in pay raises over five years for black employees and will pay $35 million for sensitivity and diversity training programs. The oil giant also agreed to subject itself to a review by an "Equity and Tolerance Task Force" that will attempt to identify and eliminate racial bias among Texaco workers. "With this litigation behind us, we can now move forward on our broader, urgent mission to make Texaco a model of workplace opportunity for all men and women," Peter I. Bijur, Texaco's chairman and chief executive, said in a statement. The lawsuit, filed in 1994, sought...

Author: /time Magazine | Title: Texaco Will Pay Historic Settlement | 11/15/1996 | See Source »

...show, and that is a bad blow to many. To stretch its faculty--and encourage the kids--the college calls back old grads, who work on a project basis. One is Bill Gayten, a cutter for Galliano. While novice tailors listen, he talks about the designer's famous bias-cut dresses, many of which he has worked on. Galliano demands toiles (patterns) not of traditional muslin but of the same fine fabric the gown will be made of, and will not look at a garment in progress unless it is on a live model. It's a long, painstaking, expensive...

Author: /time Magazine | Title: FASHION: ON THE CUTTING EDGE | 11/11/1996 | See Source »

...ideological bias] does influence anyone's decisions, it doesn't come up during the meeting, probably because we don't have a lot of ideologically extreme groups [applying]," says Stephen E. Weinberg '99, the committee's current chair...

Author: NO WRITER ATTRIBUTED | Title: When U.C. Doles Out Money, Scales Are Sometimes Weighted | 11/8/1996 | See Source »

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