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...Government$246,914,156 IBM $74,109,498 Ford $55,562,975 Mobil $53,036,556 Exxon $41,937,361 Quebec Hydro-Electric $31,354,629 G.M. $30,614,761 Eastman Kodak $26,828,948 Continental Oil $22,064,320 General Reinsurance Group $21,790,981 MAPCO $21,218,851 Getty $20,219,9033 Atlantic Richfield $17,570,839 Standard Oil of California $17,074,654 St. Regis Paper $15,353,397 General Electric $15,187,405 Sears, Roebuck $14,924,096 Beneficial $13,822,884 Caterpillar Tractor $13,741,103 Province of Ontario $12,335,910 Dow Chemical...

Author: NO WRITER ATTRIBUTED | Title: The Root of All Evil | 9/16/1977 | See Source »

...list of big deals announced over the past twelve months includes the largest U.S. merger ever: General Electric's $2 billion purchase of Utah International, a company that mines coal and copper. Two other huge mergers: Mobil Oil's $1 billion acquisition of Marcor, the company that owns the Montgomery Ward department stores, and Atlantic-Richfield's $700 million buy-out of Anaconda, the copper-mining giant. Right now, Gulf Oil has offered $440 million for Kewanee Industries, an independent oil and gas producer; PepsiCo has bid $315 million in stock for Pizza Hut, a chain...

Author: /time Magazine | Title: Business: Return of the Big Deal | 8/29/1977 | See Source »

Seeking higher profits per pump, Texaco, Exxon, Mobil and other oil giants have been closing down at a dizzying clip what they consider marginal stations. Nationwide, the number of stations has dropped from 226,000 in 1973 to 180,000 at present, and virtually no new full-service stations are being built. Instead, the trend is to no-service stations that sell only gas and oil, require customers to fill 'er up themselves, and can be operated by a single cashier...

Author: /time Magazine | Title: Business: Now, the No-Service Station | 8/22/1977 | See Source »

...have opened convenience stores that sell such things as beer and sandwiches. To entice shutterbugs, some Shell stations have installed Fotomat shops next to their pumps. The majors have also started selling private-label gas brands that are not expensively advertised and can be sold at rock-bottom prices. Mobil, for example, has introduced Big Bi and Hi Val gas in some areas. This practice has often put the majors in direct competition with their own stations...

Author: /time Magazine | Title: Business: Now, the No-Service Station | 8/22/1977 | See Source »

Died. Eliot F. Noyes, 66, tastemaking industrial designer, architect, artist and wholesale shaper of corporate images and buildings (IBM world's fair pavilions, Mobil's cylindrical gas pumps), whose abiding reverence was for pure functionalism and uncluttered, recognizable packaging ("Familiarity breeds acceptance," he once quipped); of a heart attack; in New Canaan, Conn...

Author: /time Magazine | Title: Milestones, Aug. 1, 1977 | 8/1/1977 | See Source »

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