Word: exxon
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
There are executives like the chairman of the executive committee of Alexander's department stores, the president of Exxon Venezuela, the chairman of the Merrill Lynch International Banking group, and even the general counsel to the United States Treasury. According to a recent survey which 687 members answered, there are 100 lawyers, almost all partners in firms; 92 doctors; 76 bankers or investors, and 14 writer or editors, with nine in the clergy and nine more unemployed or retired...
Switch on a home air conditioner, a factory pump or just about any electric device and the motor will burn roughly the same amount of current whether the machine is running fast or slow. This inefficiency and waste of energy by motors could soon be eliminated, according to Exxon Corp. Last week the world's largest oil company announced with much fanfare that it has developed a new electric energy technology that could save the U.S. the equivalent of 1 million...
...Exxon has produced a boxlike "alternating current synthesizer" that can be built into new machines or fitted easily to existing electric motors. It will control the speed of electric motors, which burn up about 60% of all electricity generated in the nation. The device uses microprocessor technology to enable an electrical current to be regulated and changed so that it varies from the fixed norm that is established by utilities; in the U.S. the norm is about 115 volts and 60 cycles. Put simply, this means that the speed of a conventional motor can be automatically varied according...
...Exxon left the biggest surprise for last. The company hopes to have the energy-saving ACS for sale within a year if it can successfully buy Reliance Electric Co., a Cleveland-based maker of electric motors that had sales of $966 million in 1978. The takeover, which appears to be a friendly one, would give the oil company the electrical expertise and production lines that it needs to rush the new device to market. The trustbusters may object, since the oil majors are under attack for spending profits on non-oil diversifications. But the Department of Energy quite possibly will...
...test is specifically ordered by the attending physician. Insurance policies should be rewritten to pay for lab tests and other care administered in a doctor's office rather than a hospital. If Congress will not push the Blue plans and private insurers in this direction, corporations could and should. Exxon, General Motors and AT&T have the bargaining power that individual patients lack and a powerful incentive to hold down medical costs: the lower the insurance premiums they pay, the more money they will have to expand plants, raise wages or distribute to stockholders...