Word: nestled
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...House goofed in nominating him for the job. They are afraid that his confirmation would signal an official American indifference to human rights violations abroad, thus maybe even encouraging such offenses. Some committee members are troubled that Lefever's think tank accepted at least $25,000 from the Nestlé company after commissioning a study that turned out to support Nestlé's marketing of infant formula in developing countries (see following story). When Lefever told the committee he thought the human rights job offered only "an occasional opportunity to nudge history," Chairman Charles Percy of Illinois angrily...
...Reagan aide, "doesn't mean you yank the nomination." Percy reportedly called the White House after the hearings to recommend just that course. Cranston and his fellow Democrats on the committee publicly suggested that Lefever withdraw himself from consideration-and threatened to further probe his links with Nestl...
...product or sometimes a new logo, for company anniversaries or as part of a sales campaign." Philip Morris ordered up a tie with a percentage sign on it, as the symbol of a sales convention that had the theme "It's all a percentage game." Nestlé last spring commissioned a tie in honor of the 50th birthday of the chocolate-chip cookie. Anheuser-Busch has no fewer than a dozen ties celebrating the firm's various brands of beer...
...sugarcane and 15,000 sugar-beet growers found that world prices were continuing to drop so fast that even with the subsidy they were losing money. At the same time, the major sugar-user firms, such as the Coca-Cola Co., General Foods Corp. and Nestlé Alimentana, were more than happy with Carter's program because it kept prices low and increased their profits...
...Goldsmith founded Caven-ham Ltd. which, through canny acquisitions, has become Europe's third largest (after Unilever and Nestlé) food processor. Extending his empire, he then purchased Grand Union, the U.S. supermarket chain. Two years ago, he became chairman of Slater, Walker Securities Ltd. when his friend Jim Slater, because of some freewheeling deals in the Far East, was forced to resign-driving one of the hottest investment companies of the 1960s to near collapse...