Word: mobiles
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Dates: during 1970-1979
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...nation's biggest executive earner was Henry Ford II, chairman of Ford Motor Co. Last week the company announced that his salary and bonus edged up 2%, to $992,000. In all, General Motors Chairman Thomas Murphy earned $975,000, an increase of 2.6% over the year before. Mobil Chairman Rawleigh Warner Jr. got $725,000, up 4% from 1976. (For some other high executive moneymakers, see listing...
...very basic knowledge of U.S. corporate activities in South Africa hampers any attempts to monitor the relationship between the companies and the Vorster government. Employing the same criteria used in United Nations estimates, the Clark subcommittee decided that the 13 largest American firms in South Africa are General Motors, Mobil Oil, Exxon, Standard Oil of California, Ford Motor Co., ITT, General Electric, Chrysler, Firestone, Goodyear, 3-M, IBM and Caterpillar. Harvard owns stock in nine of these 13 firms, with a total value of over $200 million as of June, 1977, out of a $1.5 billion investment portfolio...
...expects to have a rig at the Baltimore Canyon in less than three weeks; within an additional 90 days, the company should drill the first well. Shell's Pacesetter II rig, now drilling in the Gulf of Mexico, will move to the Baltimore Canyon by mid-April. Texaco, Continental, Mobil, Gulf and Houston Oil & Minerals are also moving rigs to the area...
...think of the writing in Time as much more than a mass product, so thoroughly has it been standardized and diluted by its editorial grist mill. Even The New York Times has initiated Living, Arts and Weekend sections to bolster sales, and regularly carries a profitable column by Mobil on its Op-Ed page...
...Mobil is particularly concerned about protecting information obtained from its highly expensive seismographic surveys of land and offshore sites. The company's spending for exploration tops $200 million a year. Such expenditures are beyond the reach of smaller firms, which often deal in the thriving black market for oil maps and aerial surveys. In taking its case to court, Mobil is hoping that, if nothing else, the feisty wildcatters at Superior will have second thoughts about seducing people who hold secrets...