Word: morrision
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Dates: during 1990-1999
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Ensuring a further price war in the tobacco industry, Philip Morris decided to make permanent the temporary price reductions on Marlboro cigarettes that it put into effect in April and to extend price cuts to its other brands.
Cambridge bomb technicians, police and firefighters joined Harvard police in responding to the latest in a series of similar false scares around the University. Kristen Morris, a staff assistant in the office, said attorneys and staff were inconvenienced for only about 20 minutes.
The package, which was considered suspicious because it had no return address, contained only a book, Morris said. No one was hurt.
According to Mara, some of the money owed to the Business School is held by companies in which the University has investments. Philip Morris, for example, owes the school a $150 dividend check. In addition, IBM appears to owe the Harvard Coop some investment-related money, Mara says.
Diane McAdams, a marketing official at Philip Morris, said the dividend check snafu was likely the result of a clerical error on the company's part.