Word: xeroxing
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...There was shock in Jerusalem and surprise in Washington when they agreed that sooner or later the U.S. would have to deal with the Palestine Liberation Organization, as the search for Middle East peace resumed in the wake of Sadat's death. Jody Powell found himself running the Xerox machine as in days of yore. And some travelers thought they saw in Rosalynn's eyes a longing for the old grandeur. So it went, on the most remarkable jet journey of our time...
...open seats on the organization's 27-person board of directors, Henry Kissinger, 58, who was running for his second three-year term, had to seem like a shoo-in. There were, after all, only nine candidates in the race: Kissinger, former Treasury Secretary W. Michael Blumenthal, 55, Xerox Chairman C. Peter McColough, 58, Citibank Chairman Walter Wriston, 61, Economist Marina von Neumann Whitman, 46, Chicago Sun-Times Publisher James Hoge, 45, former State Department Official William Rogers, 54, Washington Post Columnist Philip Geyelin, 58, and former Secretary of State Cyrus Vance, 64. But when the vote was announced...
...points last week, earning Harvard about $3.25 million. Coca-Cola gained a point, adding roughly $100,000 to Harvard's portfolio value. Kodak's gain of 2 7/8 offset the near-$700,000 loss caused by Xerox's 2 1/2-point decline. And AT&T's additional 1 3/4 points netted Harvard about $1.5 million...
McCardell, an M.B.A. from the University of Michigan and a veteran of Ford Motor Co. as well as Xerox, was brought in to give International Harvester that shakeup. The firm agreed to pay him a salary of $460,000, a $1.5 million signing bonus and a $1.8 million loan at 6% interest. The loan was to be used to buy Harvester stock, and the company promised to turn it into a gift if McCardell increased International Harvester's financial performance beyond that of the average of its six main competitors...
...Sullivan Inc., of New York, produces weighty monthly surveys of 61 countries, based on field reports from local correspondents. A yearly subscription to the firm's "World Political Risk Forecasts" costs $1,900, and clients include some 200 of the nation's largest corporations, including AT&T, Xerox, General Motors and General Electric...