Word: mobilization
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...University's announcement on October 3 included plans to sell $160 million worth of investments in 8 corporations including Exxon. The other seven--Royal Dutch Petroleum/Shell, the Chevron Corporation, Ford Motor Co., Texaco, Mobil Oil, Phelps Dodge, and Schlumberger, Inc.--retain links to South Africa. Harvard's endowment still includes approximately $367 million worth of stocks and bonds in companies with South African operations...
...review of Harvard's portfolio following the adoption of that policy ended in Thursday's announcement that the Corporation will divest over the next 12 months of $79 million in stock and $92 million in bonds in such firms as Exxon, Ford and Mobil...
...Business also makes the American press its target in a how-to book by Herb Schmertz called Good-bye to the Low Profile. Schmertz is the public relations fellow who earns praise for Mobil Oil's sponsorship of public television's Masterpiece Theater and mixed notices for Mobil's disputatious ads in newspapers and magazines. He believes in practicing contentiousness on the press. His advice is often shrewd: "If there's something you want to hide, but are required to disclose, put it in a press release . . . Most journalists find it hard to take seriously what you give them willingly...
...large part of the windfall will go to motorists. As if to revel in that prospect, radio stations across the country last week offered cash prizes to the service-station operator who "bid" to sell his product at the lowest price. In Milwaukee, the Park Plaza Mobil station sold off 8,000 gal. of regular unleaded at 36.9 cents per gal. In Concord, Calif., the Sun Valley Auto Wash, a Chevron station, offered gasoline for .1 cents per gal., while in Diamond Bar, Calif., George Benitez's Shell service station went one better by offering...
...Mobil's drug-treatment program is fairly typical. Employees with a problem can call or stop by the medical departments at any of the oil company's facilities around the world. Supervisors who spot unusual behavior that is affecting job performance can encourage workers to contact an employee- assistance counselor. After initial medical examinations and counseling sessions, patients are generally referred to a hospital or outpatient drug clinic for treatment, which may take from four to six weeks. During that period the employees are given sick leave with pay, and their status is kept confidential. Company health-insurance benefits...