Word: willful
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Dates: during 1970-1979
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Low gutter language is seldom heard in the world of high finance, but a lot of strong oaths were echoing last week through the paneled offices of private bankers. Fearful that they might be trapped in the crossfire of the U.S.Iranian economic war, many European moneymen were distressed at the...
Now that they are comfortable with their roles as corporate Medicis, sponsoring museum exhibitions and importing culture from the BBC for educational television, the oil companies appear to be going into social welfare programs. When Getty Oil last week signed a consent decree with the Department of Energy, which had...
Last week TWA got off the Airbus and decided instead to buy ten Boeing 767s at a cost of $500 million, with an option for ten more. TWA had difficulty choosing between the 767 and the A310 because the planes are so much alike: both are snub-nosed, wide-bodied...
For industries gagging on stiff regulatory costs, a decision last week by the Environmental Protection Agency was a breath of fresh air. Rather than fixing stern limits on the air pollutants discharged by each and every smokestack or other source in a plant, the EPA will permit state authorities to...
The steel, utility, and other pollution-heavy industries figure that they will save 10% to 35% of their compliance costs. Du Pont predicts that the bubble policy will reduce annual pollution-control expenses at its 52 largest plants from $136 million to $55 million. Big companies have estimated that environmental...