Word: richfield
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
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...
Proclaiming the city's energy eminence are the names over the doors of its new office towers: Energy Center I, the Petroleum Building and Anaconda Tower (the old copper mining company, now owned by Atlantic Richfield oil, is big in uranium). Construction of a 36-story Amoco Tower and a 23-story Energy Plaza will be completed next year. In all, 27 major office buildings are now going up. Work on two dozen more office complexes will begin in 1980. All this has transformed the once unimpressive skyline of Denver...
Boggs of Louisiana; Thornton Bradshaw, president of Atlantic Richfield Co.; David Freeman, chairman of the T.V.A.; Russell Peterson, former Governor of Delaware and president of the National Audubon Society; John Sawhill, president of New York University and former administrator of the Federal Energy Administration; Martin Ward, president of the plumbers and pipefitters union; Jerome Wiesner, president of M.I.T...
Some mergers enhance competition. Oil would seem an unlikely industry for this to occur in. But Thornton Bradshaw, president of Atlantic Richfield, argued that the acquisition in 1966 by the Atlantic Refining Co. of the Richfield Oil Corp. turned two so-so firms into a company strong enough to compete against the industry giants. Yet Bradshaw noted that his powers, like those of every high corporate executive, are severely limited: "Every decision made at my desk is influenced by some and sometimes most of the following: environmentalists, consumers, tax reformers, antinuclear protesters, the constraints of Government, the DOE [Department...