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HARVARD OWNS more than $20 million worth of General Electric stock, almost $5 million of Du Pont, and about $20 million of AT&T, according to the 1980-81 University financial report, the most recent available. A new report is due out shortly, and it can be expected to show similar figures. After all, these three behemoth companies are blue-chippers, the buckbone behind Harvard's monstrous $1.6 billion endowment...
...Corporation and the student-faculty-alumni ACSR voted against largely symbolic shareholder resolutions asking companies to curb their nuclear weapons work. They argued that nuclear arms policy was the province of the government, not the private sector. Last year, however, the ACSR approved several similar resolutions concerning GE, Du Pont, and AT&T, and the Corporation, not wanting to abruptly renege on past policy, abstained on strong messages to the three major companies...
America has become inured to colossal business mergers in the last two years. Weddings like those of Occidental Petroleum and Cities Service, United States Steel and Marathon Oil, and the record-setting $7.5 billion union of Du Pont and Conoco have sometimes been shotgun affairs, sometimes harmonious ones. Throughout, the national press has doled out coverage indiscriminately in its continual search for bigness...
...remotely friendly partnerships. More often, they are one-sided takeovers by well-heeled companies determined to expand. Even when a company is saved from unwanted takeover by the intervention of a more desirable "white knight" purchaser, results aren't necessarily cheery. Employees of Conoco now say that life under Du Pont is far from fun, citing in particular the chemical giant's nasty job shake-ups and layoffs, and its sudden imposition of inconsiderate work rules...
...salad days may be over, but his dressing still cuts the mustard. Chef de Cinéma Paul Newman, 57, is hustling his chef-d'oeuvre, an oil-and-vinegar salad dressing labeled Newman's Own, "l'étoile du vinaigre et de l'huile-l'huile et le vinaigre des étoiles " (the star of vinegar and oil, the oil and vinegar of the stars). Newman, a man for all seasonings who is not otherwise much of a culinary performer, has been brewing the au naturel dressing in his Connecticut cave for years...