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...more than 3 million people, nor those of Visa, American Express or other credit companies. Industry experts predict that other big gasoline retailers will eventually drop out of or cut back on the credit business. The most widely held cards now used are those of Amoco (7 million) and Exxon (6.5 million...

Author: /time Magazine | Title: Bye-Bye, Charge It | 3/15/1982 | See Source »

Although oil companies only a few years ago were mailing out cards to anyone who asked, and even to many people who did not request them, they have become more restrictive in giving out cards during the past two years. Major companies like Exxon now grant only about half of all credit requests. One of the reasons is the problems they have with stolen or lost cards...

Author: /time Magazine | Title: Bye-Bye, Charge It | 3/15/1982 | See Source »

...fruit salad cart. A stunning Indian woman in a sari dispensed a first-rate cup of fruit here, with watermelon, orange, grapes, grapefruit, pineapple and cantaloupe. It was at this stand, right in front of the Exxon building, that I generally saw a scene that took me all summer to get used to. It went something like this...

Author: By Michael W. Miller, | Title: Sixth Avenue, On the Greasy Side | 3/9/1982 | See Source »

From its headquarters in New York City, AT&T controls assets of $137 billion, more than those of Exxon, General Motors and U.S. Steel combined, and more than the gross national products of all but 20 nations. A T & T's resources include 24,000 buildings, 177,000 motor vehicles and 142 million telephones, or eight out of every ten phones in the U.S. The company's 1 million employees make up almost 1% of the American work force, a level that no other company even approaches. It has 3 million shareholders, more than any other firm...

Author: /time Magazine | Title: The Corporate Giants of the Earth | 1/18/1982 | See Source »

Officials in both the University and the corporate community say it is impossible to expect the private sector to replace all of the cutbacks in federal funds. As Robert Payton, president of Exxon's Educational Foundation, points out, "The total sum of corporate contributions for all purposes is less than the cut in the federal budget for student aid alone." Nevertheless, the corporate community has become an increasingly vital source of educational funds, and one that the University will continue to court...

Author: NO WRITER ATTRIBUTED | Title: Philanthropists for the New Austerity | 1/13/1982 | See Source »

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