Word: edisonizing
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...Detroit last week U.S. District Court Judge Damon Keith handed down an astonishingly stiff decision in what may become a landmark discrimination case. Ruling that the Detroit Edison Co. (the nation's eleventh largest utility) had systematically discriminated against blacks in hiring and advancement in a manner he labeled "deliberate and by design," Keith awarded the plaintiffs in the case a whopping $4,000,000 in punitive damages-believed to be the largest award of its kind ever in a job discrimination case. "Since these defendants have been extremely obdurate and intransigent in their determination to implement and perpetuate...
Headlined "When Con Ed starts dynamiting Storm King Mountain, keep your fingers crossed," the ad urged New Yorkers to protest the project to public officials and Con Edison...
REPORTS FROM ENVIRONMENTAL SOURCES indicate that Harvard is moving one step closer to the sale of part of its Black Rock Forest to Consolidated Edison, the New York power utility. It is a move that is neither welcome nor wise...
...values over the long run, bubbles of pure speculation always burst sooner or later. Investors are already getting a lesson that land prices can go down as well as up. High construction costs and urban blight have undercut property values in some city areas. The land under the Boston Edison Building was worth about $200 per square foot in the 1920s; today it is less than half that, though property values in other parts of town have risen. A speculative orgy of overbuilding in New York City has driven office rents in the Wall Street area down from about...
HARVARD OWNS a forest in New York and Consolidated Edison needs part of it for a pumped storage power plant. Draw. But Con Ed says it holds few aces in the hole. Rich Meislin tries to get in on the deal. Page...