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Corporate sponsors including Apple Computer, Inc., Merck, Mobil Oil, Morgan Stanley, Xerox Corporation, Prudential and Union Carbide Corporation are backing Teach for America. Start-up costs for the teaching group will reach $2 million in its first year, the group stated...
...most oil companies have seemed more eager to denounce the alternative fuels than to develop new products. Mobil has run ads attacking methanol as polluting, expensive and more dangerous than gasoline if accidentally swallowed. Although the fuel produces far fewer smog ingredients than gasoline, it releases more formaldehyde, a suspected cause of cancer. Cars would get less mileage from methanol because it burns faster than gasoline. Yet Indianapolis 500 racers have used methanol for years because it boosts horsepower and is less flammable in accidents; U.S. automakers have developed experimental cars that run on both methanol and gasoline...
...other corporate pair-offs, Dow Chemical and Domtar, a Canadian paper manufacturer, are setting up a recycling operation that will include several large plants. Next month Mobil and GENPAK, a food-packaging manufacturer in Glens Falls, N.Y., will inaugurate the first recycling plant in the U.S. that will handle fast-food containers and other products made of polystyrene foam. The firms will transform the plastic into pea-size pellets that can be used in wall insulation and industrial packaging...
...Mobil's decision was prompted by a change in U.S. tax law that was intended to drive American companies out of South Africa. Since last year U.S. companies can no longer deduct from their American tax bills the taxes they pay to the South African government. That change, which cost Mobil millions in 1988, finally broke its stubborn resolve to stay. Said Mobil Chairman Allen Murray: "This was a difficult decision because we continue to believe that our presence and our actions have contributed greatly to economic and social progress for nonwhites in South Africa...
...French cuisine in the Escoffier Room. The prix fixe $40 dinner features such classics as poached Dover sole stuffed with artichokes and tomatoes, and roasted rack of lamb on ratatouille. The 90- seat restaurant is sometimes booked three months in advance and boasts a four-star rating from the Mobil Travel Guide. Over a Kir Royale aperitif, bemused diners can enjoy a seminar in progress. On view in the glassed-in kitchen, a dozen nervous young chefs in tall toques bump into one another as they peel, poach and broil their way through the evening. At times it may seem...