Word: ponts
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Dates: during 1970-1979
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...most participants, the real question was: If no one can prove that bigness is bad, then why ban it? To Irving Shapiro, chairman of E.I. du Pont de Nemours, the concept amounted to "no fault antitrust." In other words, it penalized companies simply for being more successful than their competitors...
...consequences of the energy crunch for individual companies will depend on how much they need oil. For example, nearly all of Du Pont's 1,700 products, from paint to tires, use oil as an ingredient. Says the chief executive of a major chemical manufacturer: "If anything, we have underestimated the inflationary effects of the oil price rises...
Office workers, who sit at desks in pleasant buildings, may stay on in larger numbers, but not all that much larger. Less than 15% of Du Pont's employees, both blue-collar and whitecollar, elect to keep working until they reach 65. Says Employee Benefits Manager Leonard J. Bardsley: "This trend continued through 1978 even when they knew of the change in the law." Pitney-Bowes, Inc., abolished mandatory retirement last April 1. Since then, 105 of its workers have retired on or before their 65th birthday, and only ten have chosen to keep working more than...
...will show real growth next year of about 3%-not great but far above recession levels. The business leaders were also encouraged by the voter uprising against Government spending. Said Benjamin Biaggini, chairman of the Southern Pacific Co.: "Proposition 13 is the greatest thing since ice cream." Du Pont Chairman Irving Shapiro exulted that "the public is again captain of the ship. For the first time we're in a posture to get a good economic policy because the public is demanding...
Every day scores of planes, from 747s to vintage C-46s, haul television sets, machinery and other U.S.-manufactured goods to the Caribbean and Latin America, returning with clothing, fresh flowers and food. In Coral Gables alone, 80 international firms have opened offices. Exxon, Du Pont and General Electric have their Latin American headquarters there. International trade now accounts for $4 billion in state income and has created 167,000 jobs, some of which have been filled by other Latin American nationals who have been drawn to the booming area...