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...were convicted between 1975 and 1985 of serious crimes, from price fixing to illegal dumping of hazardous wastes. Executives at Beech-Nut tried to pass off flavored water as apple juice. Ivan Boesky and a ring of Wall Streeters traded on insider information. Even such an upstanding company as Eastman Kodak, which has won awards for its minority-hiring and other social programs, has felt the heat. Residents of Rochester, where Kodak is based, have accused the company of covering up its chemical contamination of the city's groundwater...

Author: /time Magazine | Title: Listen Here, Mr. Big! | 7/3/1989 | See Source »

...Roche, whose strong suit is prescription products, still smarts from its failure last year to acquire New York City-based Sterling Drug, the maker of Bayer aspirin, Phillips milk of magnesia and other popular over-the-counter brands. Sterling spurned the Hoffmann-La Roche offer and sold out to Eastman Kodak instead. "We wanted primarily to establish ourselves in the American over-the-counter market," recalls Hoffmann-La Roche Chairman Fritz Gerber, 60, whose company gets a third of its sales from U.S. operations based in Nutley, N.J. "It's the biggest pharmaceutical market...

Author: /time Magazine | Title: Just What the Doctor Ordered | 5/8/1989 | See Source »

...attempted to start joint ventures with foreign investors. The Soviets have proved flexible: the original plan, which insisted on majority Soviet ownership, has been revised to accommodate the demands of Western companies. Last Thursday at a Kremlin ceremony, executives of a consortium of six U.S. firms -- including Chevron, Eastman Kodak and Johnson & Johnson -- signed an agreement for as many as 25 joint ventures involving about $10 billion over the next 20 years. Although the agreement specified ways that profits could be taken out of the Soviet Union in hard currency and not just held in worthless rubles, joint ventures still...

Author: /time Magazine | Title: The Union: A Long, Mighty Struggle | 4/10/1989 | See Source »

...device remained for decades an exotic box, a contraption mostly for adventurers and the wealthy. That changed after 1888, the year George Eastman introduced the inexpensive Kodak. Amateur photography became the new folk art, and fine-art practitioners had to scramble for a way to distinguish themselves from the mobs of snapshooters. Their response was pictorialism, an international style of soft focus, poetic yearnings and darkroom tricks that were beyond the abilities of the untrained. During the pictorialist phase of their careers, Alvin Langdon Coburn in England and Edward Steichen in the U.S. turned away from mere realism toward...

Author: /time Magazine | Title: Photography: Drawn by Nature's Pencil | 2/27/1989 | See Source »

...change in fortune, Polaroid announced last week that it plans to add regular film to its continuing line of instant-camera products. The company, based in Cambridge, Mass., hopes to wrest a fraction of the $7 billion-a-year world market for conventional film from industry leaders Eastman Kodak, which controls 60% of sales, and Fuji Photo Film, with 25%. One giant plus on Polaroid's side is its brand-name recognition. In just two years of testing in Spain and Portugal, Polaroid-labeled 35-mm, 110-mm and 126-mm film captured about 5% of the market...

Author: /time Magazine | Title: PRODUCTS: If You Can't Beat 'Em . . . | 7/25/1988 | See Source »

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