Word: payment
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...affair came last week after a group of eager, albeit edgy employees of Hitachi Ltd., Japan's fourth largest computer maker, arranged to wire $495,000 into the bank account of Glenmar Associates, a Santa Clara, Calif., electronics consulting firm. The money was actually intended as a clandestine payment for confidential information on some of the newest and most powerful computers made by International Business Machines, Hitachi's chief American rival (Hitachi had $1.4 billion in computer revenues last year, IBM $24 billion). But when Hitachi Senior Engineer Kenji Hayashi and two colleagues showed up at Glenmar...
...belongs to Gerald P. Carmen, 51, head of the General Services Administration. Carmen, who has been complaining about a lack of recognition for his cost-cutting operations in the GSA, owes the Government $405,000 plus $30,000 back interest and has not made his monthly $2,700 loan payment in almost a year...
...Perhaps the most important difficulty the industry faces is excessively high wages. Robert Crandall, a senior fellow of the Brookings Institution, estimates that American steel companies are now paying 75% more than the wages paid in other U.S. manufacturing industries. The average union wage and benefit payment: $22 an hour. Says Crandall: "That is the industry's biggest problem...
Councilor David W. Sullivan said yesterday that when he questioned Bok about the possibility of increasing the University's in lieu-of-tax payments to the city. Bok refused to discuss the subject. As an academic institution, Harvard pays no property taxes on its dormitories, classroom buildings, libraries and laboratories. The University annually gives the city a donation as a substitute, but the in-lieu-of-tax payment is substantially less than the value of the property...
...whirlwind of information at once distant from the main theme of schooling and integrally wound up in this thing called Harvard Checks and money orders to Account No. 22270045 at New England Merchant Bank swirl in the maelstrom. Beware, you soccer players. "All payment must be made in U.S. dollars Foreign currency will not be accepted." Welcomed here MasterCard, Visa, traveler's checks and cash. The author seems to imply that tipping is not required, yet the idea is a vague one, drifting slowly into an early-morning must over the River Charles...