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...companies that have paid to sell their products through the Moscow Olympics include Coca-Cola, Levi Strauss, Wrigley, Burger King, McDonald's and Gillette. Most have now tentatively abandoned sales plans. Levi Strauss, which gave the U.S. Olympic Committee $275,000 and planned to supply $2.5 million worth of athletes' uniforms free, is redesigning a planned $8 million Olympic TV advertising campaign...

Author: /time Magazine | Title: Business: Busted Bonanza | 3/31/1980 | See Source »

...foreign coexists with the Brazilian. My friends had both Guarana, a Brazilian soda made from an Amazonian fruit, and Coca-Cola in their refrigerators. We would go to a club to hear a singer from the state of Bahia--the "bulge" in the northeast of the country--chant rhythmic, Brazilian music and then drive along the beach, listening to Emerson, Lake, and Palmer on the radio. But there are the adaptations. I learned that the Portuguese word for razor blade, gilete, is also slang for "bisexual" (two sides of a razor blade...

Author: By Rich Strasser, | Title: Beyond the Copacabana | 3/15/1980 | See Source »

...Benjamin on a novel called On the Brink. It describes the aftermath of an OPEC price increase to the then incredible level of $38 per bbl. The populist Federal Reserve chairman decides to help the President, plagued with 25% inflation, by printing money night and day. The result: Coca-Cola sells for $1,350 a sixpack, short cab rides cost $6,000 and wheat is $5 million a bushel. Soon violent rioting breaks out, and thousands die. In both history and fiction, the first step in any government's cure for hyperinflation is to convince the people that...

Author: /time Magazine | Title: Business: Hyping the Inflation Rate | 3/10/1980 | See Source »

Sterling Vineyards. One of the biggest of the smallest, Coca-Cola-owned Sterling is the largest winery in the U.S. to produce only estate-bottled wines, European style. Opened in 1973 on 400 acres in the upper Napa Valley (Napa is Indian for "plenty"), Sterling is best known for its reds, notably a subtle Cabernet Sauvignon that sells for up to $20 a bottle. Under Dutch-born Winemaster Theo Rosenbrand, Sterling plans to increase production from 65,000 cases a year to 90,000 by 1985, at the same time narrowing its range of varietals to concentrate on Cabernet Sauvignon...

Author: /time Magazine | Title: Living: Small Sellout Vineyards | 1/14/1980 | See Source »

...negotiating now with many companies about sponsoring the show, and I hope to have things definitely worked out by mid-February so we can finalize booking the band." Urfirer said yesterday. He has consulted such companies as Pepsi Cola, Coca Cola, Cott Beverages, Canada Dry, Tech Hi-Fi, McDonalds's and E.F. Hutton. Urfirer said he hopes to find a single backer for the concert, but may resort to multiple underwriters to divide the expenses...

Author: By F. MARK Muro, | Title: Pousette-Dart Band Might Give Benefit | 1/11/1980 | See Source »

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