Word: inc
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Dates: during 1980-1989
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Like many large and diversified corporations, Time Inc. has a PAC. It contributed a total of $46,730 in 1981 and 1982 to congressional candidates and political and party organizations. The PAC is under the jurisdiction of Time Inc.'s business management, which has no authority over editorial policy. The editors of Time Inc.do not participate in these decisions-or know the identities of the recipients. The company's forest products subsidiaries have their own PACs: Inland Container Corp. gave $15,200 in 1981-82. Temple-Eastex $17,350. In addition, Temple-Eastex contributed...
...antes into the political pot, up from 2,551 in 1980 and 113 in 1972. The estimated total of funds they will dispense for campaigns this year: a staggering $240 million. There is Back Pac, PeacePac and Cigar-Pac. Beer distributors have a committee named-what else?-SixPAC. Whataburger Inc. has one called Whata-Pac. The Concerned Rumanians for a Stronger America has a PAC, as does the Hawaiian Golfers for Good Government. And so do most major corporations and unions...
...gift, from the Aetna Life & Casualty Foundation. Inc.. is the third $1 million donation the center has received in its one-year history. The money will establish a professorship of public policy and corporate management within the center...
...celebrate the prestidigitator who tells today with passion and warning, and tricks it into language's jubilee") and a commendatory scroll from the National Book Critics Circle ("The novel vibrates with success"). To commemorate Updike's first half-century, his longtime publisher, Alfred A. Knopf, Inc., has released a handsome new edition of the author's first book, a collection of poems called The Carpentered Hen (1958). Many writers would be content to rest, at least for a beat, on such laurels. Not Updike. This month will witness the publication of Bech Is Back (Knopf...
...profitable again while they make partial payments on their debts. Perm Central Corp. has been able to emerge as a strong manufacturer and real estate operator after shedding the railroad operations that propelled it into bankruptcy court in 1970. Last week Joe B. Freeman Jr., chairman of AM International Inc., the Chicago-based business-equipment firm that filed for bankruptcy protection in April, announced that he now expects the company to turn a small profit during its 1983 fiscal year, after losing $245 million in fiscal 1981 and running up debts earlier this year that approached half a billion dollars...