Word: coca-cola
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...once pierced only by the golden spires of the city's 300 Buddhist temples is now saw-toothed with multistory apartment blocks, but there is still a housing shortage in the $250-$500-per-month rental range. Flashing signs proclaim the virtues of Honda cycles, Philips TV sets, Coca-Cola and the Suzie Wong nightclub. For the gourmet, the Two Vikings offers Russian caviar in avocado pears for $5. Any jewelry store on Oriental Avenue has star rubies for the asking-plus $3,250. And instant antique Buddha heads are everywhere available to the unwary tourist, the corrosion...
Cosmetics and soft drinks have few things in common except that leading companies in both fields have long been headed by a couple of tough, almost legendary characters: Charles H. Revson, 59, chairman of Revlon, and Robert W. Woodruff, 76, finance-committee chairman and a major stockholder at Coca-Cola Co. They are not exactly fading away just yet, but last week both firms named two big men to top jobs...
...Coca-Cola's president, J. Paul Austin, 51, becomes chief executive officer, a title he takes over from Board Chairman Lee Talley. Austin demonstrates the growing value of foreign experience to American corporations, for he was Coca-Cola's export chief to sub-Saharan Africa for four years. As president since 1962, he has pushed some of the measures that diversified and brightened up a company that was tending to complacency. He decided to introduce the "lift-top" cap on Coke bottles and cans, helped move the company into coffee roasting...
...accusation brought an acid reply from Coca-Cola Export Corp. Chairman James A. Farley, Franklin Roosevelt's old campaign manager. The company, snapped Farley, was not about to honor "any boycott." Fact was, he continued, that the Israeli bottler in question, the Tempo Beverage Co., was an undesirable business associate; in 1963, Coke had to go to court to make Tempo stop "infringement of the Coca-Cola trademark and bottle design." And Tempo, inevitably, was the disgruntled bottler that had complained to the Anti-Defamation League in the first place. Muttered a league spokesman: "I can't understand...
...dispute kept bubbling. Manhattan's Mount Sinai Hospital stopped buying Coke for its cafeteria. Nathan's Famous Hot Dog emporium on Coney Island and a New York theater chain threatened to do the same. The New York City Human Rights Commission even called for an investigation of Coca-Cola. At that point, Coca-Cola decided it had had enough pop shots. Farley announced that the company was awarding an Israeli franchise to Manhattan Banker Abraham Feinberg, who is also president of the Israel Development Corp., which promotes Bonds for Israel. The decision, crowed the Anti-Defamation League, "will...