Word: pepsico
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Dates: during 1970-1979
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...governments doubt that increased tax revenues will offset the cost of more schools, police, fire protection and sewage treatment. Residents fear that the whole idea of suburban living may be threatened. As a result, the companies try to soften the impact of their arrival. Two that have succeeded are PepsiCo Inc. and American...
...levels, on imports of 20 categories of textiles, including woolen suits and sweaters and synthetic dresses and blouses. After that, the two countries would try negotiating again, through the General Agreement on Tariffs and Trade. Miyazawa's plan is close to one proposed in March by PepsiCo President Donald Kendall, who headed a high-level delegation of U.S. businessmen in talks with Japanese industrialists and government officials. The Kendall plan was considered negotiable by diplomats of both governments, but was summarily rejected by both textile industries. Now the Japanese appear ready to impose it on their own industry, provided...
Making it, rising close to the top, does not erase the dark doubts. Only about 25 black men have climbed to vice-presidencies in big white-owned corporations. The first to do so was Harvey Russell, the PepsiCo community affairs chief, who eight years ago was named a vice president. "Even though I was proud, I remember at the time feeling that all the attention just pointed up the gross inequities," he says. "It made me even more aware of how little progress really had been made." Russell considers that "much of what industry does today is a smoke screen...