Word: xeroxed
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...brother of Sol Linowitz, a former chairman of Xerox Corp. and now chief U.S. negotiator for a new Panama Canal treaty...
...fitness with unmistakable sincerity. It is a backward business organization, in fact, that does not subsidize some kind of aerobics program at least for its executives. Fumble-fingered. soft ball, bowling and Ping Pong used to be the extent of business athletics, but now such firms as General Foods, Xerox and Life Insurance Company of Georgia have set up elaborate exercise regimes. The reasons are not obscure: employees who take 20 laps instead of four martinis at lunch make more sense when they return to their desks, and are far less likely to require payouts from company-financed health insurance...
Todd's father, a bluff, plump man who worked in the upper echelons of Xerox, laughed at the idea. His son, he said, was no nut--there was nothing wrong with him that a few football games or maybe a girlfriend wouldn't cure, and besides, those things cost money, you know. Easier to just live through the rough times: no point in worrying about Todd's mood. Besides, his grades are fine--things can't be that...
Many Did Well. Yet for each downbeat performance, there were many companies that did well. Xerox, struggling against stiff competition in the copier field from Eastman Kodak, IBM and Savin, posted a 12% earnings rise, to $91.6 million, about equal to total company revenues 15 years ago. American Telephone & Telegraph, which last year became the first U.S. company to earn more than $1 billion in a single quarter, did it again in the recent quarter. Earnings were $1.09 billion, up 26%. Polaroid, expected to introduce its long-awaited instant movie camera at its annual meeting this week, earned $14 million...
...Justice Department has urged Xerox, whose 6500 copier is the principal accomplice of the pushbutton counterfeiters, to find a way to make their machines less perfect as partners in crime. But the company is hesitant. "After all," says a spokesman, "you don't hold GM responsible just because a Chevrolet is used as the getaway car in a bank robbery...