Word: chevron
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Already Google has said it will participate along with nearly 200 other registered bidders, including industry giants like Verizon and AT&T as well as surprise contenders like Chevron and Microsoft co-founder, Paul Allen, through his Vulcan Spectrum LLC. A more robust playing field would mean heightened competition in the consolidated telecom industry, benefiting consumers with more inventive technologies and potentially lower prices...
...Harvard Square to urge the passage of a bill that would stop public pension funds from investing in companies that enable the military junta in Myanmar. These advocates apparently believe that they can make a difference by convincing financial institutions to stop investing in companies such as PetroChina and Chevron, which are linked to atrocities around the world. There is no question that the genocide in Darfur and the violent military crackdown in Myanmar are acts of brutality that should be stopped, but divestment is both an economically unsound and ineffective way of achieving these ends...
...even if Harvard or Cambridge’s actions helped spark a national movement for divestment, there will always be available sources of capital—sources that do not necessarily operate from Wall Street. No publicity campaigns in the United States can change the fact that PetroChina and Chevron are incredibly profitable companies. That harsh reality means that they will always be able to find investors who are not so picky about where their money has been. Eliminating American investment in companies such as PetroChina and Chevron will only shift profits to foreign investors, including, perhaps, terrorist financiers...
...massive North Sea and Gulf of Mexico deposits are finally exhausted. That will leave the industrialized countries far more dependent on the volatile Middle East in 2030 than they are today, and the likes of Saudi Arabia, Kuwait and Iran will dictate terms to companies like ExxonMobil and Chevron, which increasingly operate as contractors to state-run oil companies in many producer nations...
...just 1 in 150, and closer to 1 in 500 for full-timers. But farm lobbyists say that simply highlights the continuing need for a safety net--and if the net happens to catch Scottie Pippen, Chevron, Ted Turner and 1,324 recipients in bucolic New York City, that's a small price to pay. "The system isn't perfect, but politics is the art of the possible, and the system works," says agribusiness lobbyist Charlie Stenholm, a cotton farmer and former Texas Congressman who was once the committee's top Democrat...