
12-30-2004, 06:29 AM
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Site Moderator
Guru
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Join Date: Aug 2004
Location: Florida
Age: 42
Posts: 12,266
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Private, charitable donations from American corporations...
Quote:
UN officials said dozens of airplanes are carrying food, medicine, water purification tablets and body bags to Indonesia, Thailand, India and other nations. Governments pledged at least $220 million in cash and an equal amount in supplies, transport and military help, according to the UN.
New York-based Pfizer, the world's largest drugmaker, said it will donate $35 million in cash and medication, including its Zithromax, Zyvox and Diflucan anti-infectives, matching the aid the U.S. government has said it will provide.
Other U.S. companies that have announced donations include Citigroup Inc., the world's biggest financial services company, which said it will provide $3 million in aid. Drugmaker Abbott Laboratories said it will provide $4 million in funding and prescription drugs and nutritional aid.
Cisco Systems Inc., whose equipment conducts 70 percent of the world's Internet traffic, said the San Jose, California-based company and its employees are donating at least $2.5 million to relief efforts. PepsiCo Inc. said it has allocated $1 million to relief work in the region.
Product Donations
Merck & Co., the No. 2 U.S. drugmaker, today said it will make an initial donation of $250,000 to the American Red Cross and is in discussions with relief agencies to make a ``substantial product donation,'' spokeswoman Anita Larsen said. The company will also match employee contributions.
Johnson & Johnson said yesterday it is giving $2 million in cash and sending packages of supplies, including wound-care and pain-relief products. Bristol-Myers Squibb Co. said yesterday it is donating $100,000 to the Red Cross and will send antibiotics such as its Tequin drug and other medicines to the region.
Wells Fargo & Co., Computer Associates International Inc., First Data Corp. and Symbol Technologies Inc. also announced donations today or yesterday.
In addition to Amazon.com, other Internet businesses, including Google Inc., the most used Web search service, placed links on their sites for people wanting to make contributions.
``They're playing a huge role,'' American Red Cross spokeswoman Kara Bunte said. ``Corporate partners like Amazon and MTV are coming to us and asking ways they can support our relief efforts.''
Other Web companies, including Yahoo! Inc. and Microsoft Corp.'s MSN either collected donations or provided links to sites where people could make contributions. Mountain View, California- based Google made a rare exception to its policy of maintaining a Spartan main page by adding a link titled ``Ways to help with tsunami relief'' and giving it prominent display.
EBay Inc., the largest Internet marketplace, was working on how it could help in the best way, spokesman Hani Durzy said. He said the company's foundation will make a gift to relief efforts in Asia and that EBay was informing sellers of ways they can place items up for sale with proceeds going to charitable organizations
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From Bloomberg.com
Catz
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