Word: cola
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Dates: during 1960-1969
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...there seems to be a strong question, even in Che's mind, of just how much better things can get. Occasionally, the Argentine seems almost contemptuous of his adopted people. "Cubans," he has said time and again, "could not even make Coca-Cola...
...after-tax profit of $564,000 on sales of his optioned shares, and RCA Chairman David Sarnoff pocketed $1,126,000 from his options. In the 1950s, according to Menge, these were some of the paper profits of executives who held on to most of their options: former Coca-Cola Chairman W. E. Robinson, $1,270,000; Clifford Hood, former president of U.S. Steel, $1,362,000; former General Electric Chairman Ralph Cordiner, $1,710,000; Chairman W. R. Stephens of the Arkansas-Louisiana Gas Co., $2,532,000; Continental Oil Chairman L. F. McCollum, $2,578,800; former Ford...
...When I came here four years ago," says William O. Kelleher, president of Sears, Roebuck in Brazil, "we were selling a 7-cu.-ft. refrigerator for 49,000 cruzeiros. Today that same refrigerator sells for 227,000." Coca-Cola raised its prices three times in 1963. General Electric writes a clause into its sales contracts that allows for adjustments in the delivery price to compensate for inflation, and IBM does the same in its computer-rental contracts...
...Negro secretarial school graduates land jobs. Connecticut's Pitney-Bowes, manufacturers of mailing machines, announced a policy of preferential hiring for Negroes. In the South, R. J. Reynolds Tobacco Co. built a new plant in Winston-Salem, N.C., uses Negroes in supervisory positions over whites. Such firms as Pepsi-Cola, Schenley Industries and McCann-Erickson have Negro vice presidents...
...France's biggest producer of mineral water is Source Perrier, a $79 million firm that has grown so prosperous from its natural springs that it now owns seven mineral water companies, a soft drink company, a biscuit concern, a candy firm, and the rights to bottle Pepsi-Cola in France (30 million bottles annually...