Word: petroleum
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Dates: during 1960-1969
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...nation run-and computers increasingly are what make business run. They not only handle such routine matters as paper work, payrolls, billing and inventories, but are also assuming a large role in production and decision making. Computers already control many of the production processes in the paper, petrochemical, petroleum and steel industries. At Western Electric's "Plant of Tomorrow" in Kansas City, they control the billing, shipping and warehousing, order materials, write the checks to pay for them, decide what to produce and in what quantity. The New York City Bar Association last week staged a mock trial...
Espionage is heaviest in the electronics, chemical, drug, petroleum and toy industries, but some of it goes on almost everywhere. In a Harvard business-school survey of executives, 25% replied that "spying or other types of undercover information collection had recently been discovered" in their industry; the survey also found that executives under 50 are less concerned than their elders about the ethics of pirating and spying. Some firms go so far as to hire professional spies, plant informers inside other companies, bribe or blackmail employees for information, tap telephones, even sort rubbish. "I'm picking up a couple...
...security for American citizens in Lancelot, insisted that the military negotiate with landowners for the use of any appropriated property, complained that a Marine vehicle had run over a native and that no doctor had been summoned. To top it off, the ambassador was sore as blazes because some petroleum facilities owned by an American who happened to be a personal friend of the President of the U.S. had been sabotaged by marauding guerrillas...
Belaunde sometimes suspects that the U.S. drags its feet just a little because of his bitter wrangle with International Petroleum Co., the Standard Oil of New Jersey affiliate that operates Peru's richest oilfield on the north coast near the Ecuadorian border. Shortly after his election in 1963, Belaúnde yielded to nationalist demands and canceled I.P.C.'s 39-year-old concession. He has yet to reach a settlement. Peru's anti-Yanquis demand outright expropriation. Belaúnde's better sense tells him that the government could not run the field profitably. "Around here...
Strange Bedfellows. As an executive of Inter-Allied Petroleum Products, Rock Hudson awaits a promotion to head the firm's European office at $200,000 per annum. "All you need is one reasonably respectable wife," says Public Relations Wizard Gig Young, rabbeting in a plot gimmick designed to keep a flapdoodle comedy from collapsing in the first reel. Of course, Rock has a demiwife (Gina Lollobrigida) ready at hand in London. But Gina is neither respectable nor reasonable. She is a chichi freethinker, addicted to protest marches and The Arts. Rock had been splattered with so much paint...