Word: richfield
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Dates: during 1970-1979
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Thorton F. Bradshaw '40, president of Atlantic Richfield Corp. (ARCO), spoke to guests at Lowell House last night while 12 protesters marched outside...
Harvard owns stock in several of the companies on the protesters' "profits of doom" list, including General Electric, Exxon, Gulf Oil, Atlantic Richfield Oil, and Kerr-McGee
...says. She adds that by opposing the companies that support nukes "we're striking right at the heart of the American economic system." Harvard's Top Ten Nuclear Related Investments Exxon Corporation $35,442,448 Standard Oil Co. of California $20,912,364 Mobil Corporation $18,360,622 Atlantic Richfield $17,465,122 Gulf Oil $15,969,160 General Electric Company $15,673,735 Getty Oil $11,765,924 Raytheon $9,585,634 Phillips Petroleum $8,996,703 Florida Power and Light $7,169,390 According to '78-'79 Financial Report
Already, just about every employ with a pension plan is having to pay soaring retirement costs. At Atlantic Richfield, the eighth largest U.S. oil company, the pension payout jumped from $60 million in 1976 to $80 million last year. The pension burden has become heaviest in the older capital-intensive industries such as steel, rubber and farm equipment, often because tough unions have increasingly asked for fringe benefits instead of simple wage hikes. Among other firms carrying particularly weighty pension loads are Uniroyal, Wheeling-Pittsburgh Steel and the Budd Co. A great many other firms have not taken care...
...true, right? Wrong. Contrary to the conventional wisdom, each statement is false, according to data from extensive studies performed independently by the Department of Energy and Douglas Aircraft Co.'s transportation department. Drawing on this research, Atlantic Richfield Co., the nation's seventh largest oil company, last week launched a Drive for Conservation program to educate motorists and demolish fuelish fallacies. Among the tips...