Word: group
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Dates: during 1970-1979
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...witness, gave the TIME conference "a peasant's view of what it is like to have the Justice Department's B-52s drop napalm on me." First, at Government request, he turned over 300,000 pages of documents from his company, the Diebold Group, relating to the computer industry. Said Diebold: "That is a minor ripple in the ocean of paper that has been delivered by IBM, but I wasn't even a party to the case!" Then he was tied up full time for two months giving depositions to the Government. Diebold was asked not only...
Blumenthal's forecast was not gloomy. Late in the week, the Business Council, a group of high-powered corporate chiefs, issued a prediction of a 9.5% inflation rate for the year, along with a "pronounced, although mild recession." But the Treasury Secretary's candor raised hackles at the White House, which is sticking with its inflation forecast despite much evidence that it is overly optimistic. During the first quarter the annualized rate hit a scary 13%. The Treasury chiefs frankness will surely increase resistance to the "voluntary" wage-price guidelines among both labor and business...
Driven by bottom-line imperatives, U.S. companies have been notably inventive in cutting energy bills. One of the more intriguing ideas now comes from INSCO Systems of Neptune, N.J., a smallish (850 employees) subsidiary of Continental Corp., the big insurance group. During a natural gas shortage three winters ago, INSCO, which sells computer services to Continental and other insurers, decided that it could save fuel through what was literally an open-door policy. So one cold Friday evening, the doors throughout the firm's three story, 102,000-sq.-ft. building were left open so that the heat given...
...local residents formed the Old State House Association in 1975 and organized a fund drive with a goal of $850,000 for restoration, and $1 million for an endowment to maintain it. They raised $1,530,000. Although large corporate donations accounted for the bulk of the money, the group decided to press for wider community involvement. "Some of us were talking about how in the early days, the neighbors of the Old State House had a grounds committee that took care of the building," explains former University of Connecticut President Homer Babbidge Jr. "Since most of the neighbors...
...fate of the Donner Party is a macabre legend in the winning of the West. A group of families set out from Illinois for California in 1846. Trapped in the Sierra Nevada Mountains by an early snowfall, they built crude shelters of logs and hides. They ate their animals and their shoes. But the darkest art of the 47 survivors out of a party of 82 was to eat their own dead...