Word: corpe
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While Harvard announced last week that it will divest from PetroChina, the University has maintained investments in other companies that have drawn fire from activists for alleged ties to human-rights abuses, including oil and gas company Unocal Corp...
...project,” Unocal said in a statement posted on its website. The company also stated that all workers on the pipeline project were voluntarily employed and compensated for their work and that no villages were relocated. On April 4, two weeks after Unocal announced the settlement, ChevronTexaco Corp.—the second-largest American oil company after ExxonMobil—revealed its plans to purchase Unocal for about $16.8 billion...
EXPECTING. Mary Cunningham, 33, America's best-known businesswoman since her meteoric, media-monitored career at Bendix Corp. in 1979-80 and her 1984 book Powerplay, which blamed the press for leering speculation about favors from the boss; and William Agee, 47, her mentor as chairman of Bendix from 1977 to 1983 and her husband of three years: their first child (he has three children by a previous marriage); in September. The couple now run their own venture-capital and consulting firm, Semper Enterprises, on Cape Cod, Mass...
...Baxter merger put an end to American Hospital's four-month-old plan to combine with the Hospital Corp. of America, the nation's largest for-profit hospital chain. Baxter Travenol's $51-a-share offer, $15 more than HCA's previous bid, was grudgingly accepted by the American Hospital board only after irate stockholders, led by Financier Carl Icahn, threatened to throw out the board of directors...
...hard for the right location because the Saturn project is not just another auto plant. It represents the company's best and perhaps last chance to beat back the Japanese challenge. Though wholly owned by GM, the factory will be the centerpiece of an entirely new company called Saturn Corp., which will have its own executives and engineers and a separate network of dealers. GM's plan is to give its new offspring the freedom to use advanced technology and flexible labor practices to erase the $2,000-per-car cost advantage that the Japanese enjoy on small cars. Chairman...