Word: scheme
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...still have to present them with a convincing scheme to raise the money," Cuno said. "President [Neil L. Rudenstine] will present the plans to the Corporation...
...guess what. The Clinton Administration has just such a scheme brewing. Sources tell TIME that Energy Secretary Bill Richardson is quietly but vigorously pushing a proposal that would pour millions of barrels of oil from America's Strategic Petroleum Reserve onto the market in coming weeks. The proposal, which has circulated among a few top Administration officials and could soon be approved by President Clinton, involves offering a "swap" of crude oil from the 580 million-bbl. SPR to private oil companies. They would bid to take the oil now, then make repayment in kind, plus a premium...
...scheme could offer some much desired relief to consumers hammered by oil prices that have hit a nine-year high, courtesy of the Organization of Petroleum Exporting Countries (OPEC), whose members have by agreement kept supplies tight. As the cost has surged, some industries have reacted. Airlines such as American and United have slapped fuel surcharges on tickets. With crude stocks dwindling, further price increases threaten to ratchet up inflationary pressure...
...long tried to project the image that it is the most ecologically conscious automaker - by making cars whose emission levels are even lower than what regulations require - as well as the most wired, by using web sites to supply parts and keep track of maintenance records. The home-computer scheme burnishes the corporation's forward-looking image by investing in the quality of life of its employees - the sort of p.r. spin that helped build GM's Saturn as a viable brand name in the '90s. Improving the high-tech skills of the workforce also reflects the needs...
...likely to become an auto-industry trend? "Unlikely," says Gibney. "Although they may want to do something similar, most of Ford's competitors may not be able to afford it." The most immediate beneficiary of the scheme, of course, is Hewlett Packard, which is now expecting an order equivalent to 4 percent of its 1999 worldwide sales. Corporations with money to burn - Ford has $23.6 billion in cash reserves - ought to expect calls from Compaq, Dell, Gateway and Apple...