Word: firm
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Dates: during 1970-1979
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According to Jarvis, Warren persuaded him to sell his newspapers and move to the golden land. "When I arrived there, I was wet behind the ears; all I had was money," recalls Jarvis. Nonetheless, he went on to make considerably more, first with an Oakland chemical firm and then after World War II, by running a chain of home-appliance factories employing 13,000 people. In 1962, fearing that the pressure would give him a heart attack (his second wife died of a heart attack), Jarvis decided to retire and planned an extended vacation...
...presidential election were held again, there would be a different winner: Gerald Ford by a solid margin. That is the finding of a survey of 1,020 registered voters completed last week by the opinion research firm of Yankelovich, Skelly and White, Inc. Of the Democrats, Republicans and independents who were queried by phone, 45% favor Ford, 37% say they would vote for Carter and 18% are undecided. A surprising 28% of the Democrats say they would now vote for Ford; 17% are not sure. Further, Carter has lost the independent vote by 2 to 1 and is even edged...
...take some of the sting out of the firings, Gulf has hired a Manhattan firm, Thine., which specializes in helping axed employees find jobs. Still, morale among many of the remaining 59,000 employees is scraping bottom, and quite a few are nervously looking for other jobs...
...million to $500 million to build its Cedar Bayou ethylene plant near Houston; it opened last year but, say industry sources, has never operated at more than 60% of capacity, causing a substantial drain on Gulfs petrochemical earnings. Gulf also acquired for $455 million Kewanee Industries, a specialty chemical firm. In all, the company's 1977 capital spending came to $3 billion, much more than that of bigger companies such as Texaco and Mobil...
Peter G. Peterson, chairman of the investment banking firm of Lehman Bros. Kuhn Loeb, points out that LDCs already receive more than one-third of U.S. exports, including more than 40% of foreign sales of commercial aircraft and electrical machinery. Even the industrializing LDCs that are competing effectively with Northern factories in such products as clothing and shoes, he asserts, buy more from the rich nations than they sell to them. He endorses much more aid to LDCs because he considers them to be potentially "important engines of less inflationary growth for the developed countries...