Word: investments
(lookup in dictionary)
(lookup stats)
Dates: during 1970-1979
Sort By: most recent first
(reverse)
...brought a rig in from Beaumont, Tex., to bore beneath the Java Sea. Others scheduled to begin exploration wells this year include Continental Oil, Phillips Petroleum, and possibly Italy's state-controlled AGIP. Last month a number of new offshore exploration contracts were signed. British Petroleum agreed to invest $8,500,000 in the first eight years of a 30-year contract. Gulf & Western Industries, the Manhattan-based conglomerate that has never been in the oil-drilling business, also signed a pact to explore. Dr. Wendell Phillips, a skillful promoter, won the only contract awarded to an individual...
...same time, Harvard should be thinking about the $157 million it has invested in other utility companies across the country. These are the same companies that have built up "the worst equal employment record... in America." Harvard and the hundreds of other universities that invest cannot be blamed for liking the steady utility income, but they cannot keep their eyes shut to the sources of the income-and the beneficial pressure they might exert...
...efficiency likely to develop best in big, rich corporations. The giant company tends to become a political structure in which executives invest considerable time campaigning for higher office and protecting their flanks by rigidly following fixed procedures. Many an executive, for example, is required to hand over all buying decisions to a purchasing department that will bury them in paper work, attend meetings at which he knows no one will say anything of any interest to him, and address memos to other managers on everything that he does. (The managers probably will not read them but must be given...
...THERE is any part of University policy where it is easy for critics to go berserk, it is the area of University investments. Given the present goals and practices of American business, as well as the present purposes for which the government awards many contracts, it would be hard to find a single large company that is not engaged in some sort of objectionable activity. An institution like Harvard-with more than a billion dollars to invest somewhere -is almost inevitably bound to embrace a few of the corporate ogres somewhere in its stock portfolio...
...capital city and the surrounding province. Havana Province historically has been an economic burden on the rest of the nation. One out of every four Cubans lives in the Province: but before 1959 it was always completely underdeveloped agriculturally since Cuba's Yanqui corporate chieftains preferred to invest in the vast expanses of the other less-populated provinces. The purpose of the Green Belt is to change that situation. In a decade Havana Province will be self-sufficient in most foodstuffs. Much of the work in the Green Belt is being done voluntarily by the very people who will benefit...