Word: coca-cola
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...American companies, individuals and organizations with which the Arabs refuse to do business, supposedly because they are or have been involved with Israel in one way or another. But in many ways the list is baffling. The entries range from giant firms with worldwide presence like RCA and Coca-Cola to local U.S. department stores like Lord & Taylor. Some companies were unaware that they were on the Arabs' enemies list until it was published in the newspapers last week. For example, the American Electric Power Co. turned up on the list, even though the utility holding company...
...both the Treasury Department and the Federal Reserve Board now feel that some restrictions must be placed on investments in the U.S. by OPEC members. Federal Reserve Board Chairman Arthur Burns has indicated that oil-country investments should be confined to such nonsensitive companies as Quaker Oats and Coca-Cola (see TIME ESSAY, page 37). The Trilateral Commission, a group of academics, civil servants and businessmen from North America, Europe and Japan, is considering recommending a 10% limit on the voting power that foreign interests may exercise in American companies...
Bigger Crops. U.S. firms are already helping the Russians to solve consumer, technological and agricultural problems. Pepsico is dispensing to thirsty Russians 200,000 bottles of soft drinks each day from a plant in Novorossisk. Coca-Cola may attempt to ease the critical Soviet food shortage by building vast greenhouses where crops will be grown in artificial climates. The U.S. design firm Raymond Loewy/William Snaith, Inc. is teaching the often stodgy Soviets to add contemporary touches to many of their products, including autos...
...hear, sung by millions, a song he had composed himself and for which he was getting no royalties. Not that England ever forced football on anyone except savages who had to be weaned from bloodier sports: the game has sold itself to civilized countries as effectively as whisky or Coca-Cola. Indeed football is the only international language, apart from...
...blacks have risen to high management positions at the Cummins Engine Co. of Columbus. There are so many black bankers in Atlanta that they scarcely stir much interest any more, though eyebrows lifted when William Allison, a black antipoverty administrator, was recently named to the prestigious board of the Coca-Cola Co. By the latest count, 72 blacks serve as board members of major U.S. corporations, including General Motors, Ford, Chrysler and IBM. Says Bradley Currey Jr., president of Atlanta's Chamber of Commerce: "The trend is clearly away from tokenism...