Word: orly
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Dates: during 1970-1979
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Now that they are comfortable with their roles as corporate Medicis, sponsoring museum exhibitions and importing culture from the BBC for educational television, the oil companies appear to be going into social welfare programs. When Getty Oil last week signed a consent decree with the Department of Energy, which had...
Last week TWA got off the Airbus and decided instead to buy ten Boeing 767s at a cost of $500 million, with an option for ten more. TWA had difficulty choosing between the 767 and the A310 because the planes are so much alike: both are snub-nosed, wide-bodied...
The TWA order highlighted a recent trend: U.S. lines are continuing to buy American-made planes, while some big non-American carriers are starting to switch to the Airbus. Historically, Air France and Lufthansa bought Boeing but, although they continue to acquire 747s, neither line has ordered any of the...
For industries gagging on stiff regulatory costs, a decision last week by the Environmental Protection Agency was a breath of fresh air. Rather than fixing stern limits on the air pollutants discharged by each and every smokestack or other source in a plant, the EPA will permit state authorities to...
Under the bubble plan, a company can cut a lot of pollution from sources that are easy and cheap to control, but let out more discharges from sources that are hard and costly to curb. Plants in the same neighborhood can form a bubble and make the accepted trades among...