Word: exxon
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...turtleneck number ($355). A nationwide bestseller is Victor Joris' self-belted gabardine suit with pleated pants ($110); in all, some 600 stores have ordered 38,000 Joris jumps. One of the most popular numbers, though, is the inexpensive Esso suit, a loose overall in cotton emblazoned with Exxon's familiar name...
...city is nonetheless getting some help. Last week twelve big corporations with headquarters or major operations in New York, including Exxon, Union Carbide and IBM, agreed to buy $20 million of bonds to be issued by the Municipal Assistance Corp., a state corporation that is raising money for the city. (Older, higher-yield MAC bonds have been holding steady in price.) The EFCB and city hall are fashioning a new, presumably realistic budget for the present fiscal year, which Beame will announce on Oct. 20. In December, though, the money crunch begins anew: the city will have to come...
...color), have in many cases doubled, or even tripled, in the past two years. Through 1980, costs could reach $35 billion for Britain and Norway alone, or $11 billion more than the U.S. spent to land a man on the moon. Major U.S. oil companies, including Chevron, Amoco, Exxon, Texaco and others are drilling in the North Sea. But rigs are now in surplus, and the pace of exploration is expected to slow. One Norwegian oilman says flatly that "the North Sea is not a bonanza...
...advertising on a network that does not go along with our type of thinking, then perhaps we here, in this area, can change networks." Others were convinced that the program " would jeopardize their right to own handguns. Advertisers were made nervous by false rumors; one canceled because it heard Exxon was pulling...
...lengthening list of giant U.S. corporations, including Exxon, Gulf, Mobil, United Brands and Northrop, had previously admitted to making similar payoffs. The SEC's policy has been to require corporations in such cases to reveal who got their political payments and to agree not to make any more. Some have complied, others are resisting. Last week Ashland Oil Inc. argued that securities laws do not require public disclosure of the recipients of questionable payments that the company says it has made in Nigeria, Gabon, Libya and the Dominican Republic. Ashland has already supplied the names...