Word: du
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Dates: during 1980-1989
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...contract grants that demand something in return. At the Massachusetts Institute of Technology, private help has jumped from $6 million in 1979 to $18 million this year. At M.I.T. Exxon is financing an $8 million project on combustion research. Harvard Medical School has announced a $6 million grant from Du Pont for genetic research. Carnegie-Mellon University in Pittsburgh has signed a $5 million contract with Westinghouse to fund the Robotics Institute, granting Westinghouse first patent rights on any research findings. Dartmouth College receives $75,000 a year from DePuy, a medical manufacturer, to develop prosthetic hip replacements. Columbia University...
Wall Street's main concern is the bulging federal deficit, which s $55.6 billion this year and rising. Government borrowing weighs heavily on credit markets already strained by brisk demand for business loans, including the huge sums to finance megabuck corporate mergers like that between Du Pont and Conoco. The Administration has predicted that the deficit will shrink to $42.5 billion in 1982, and disappear altogether by 1984. But those targets are fast slipping away. The Congressional Budget Office forecast last week that the deficit would be $65 billion in 1982 and would total an extra $50 billion...
...comedy," she says, "and I can say immodestly that I'm a very good comedienne. But I was always fighting that image too. I just never had the luck to play bitches. Those are the only parts that ever register really." Two bitches she almost played were Blanche du Bois in the Broadway version of A Streetcar Named Desire and Margo Channing in All About Eve. But movie contracts kept her from the first part and a skiing accident from the second, which went to Bette Davis. In A Talent for Murder, Colbert is playing for fun once again...
That tactic was used two months ago by Canada's Dome Petroleum to acquire a 52.9% interest in Hudson's Bay Oil and Gas, a Canadian firm controlled by Conoco. Stripped of its Canadian holdings, Conoco became a takeover target and wound up being acquired by Du Pont...
...great unknown remaining after the fight for Conoco is the Justice Department's attitude toward a merger between two oil companies. Two weeks ago, Antitrust Chief William Baxter gave the green light to a Du Pont-Conoco deal. Yet, despite heavy pressure from Mobil, he did not express an opinion on a Mobil-Conoco merger. In fact, he appeared to be indicating that he might block it, when he said: "If they think we're generally soft on mergers, they're going to be in for a big surprise." If Mobil, Texaco or another member...