Word: affair
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...Since Yuri Gagarin first blasted into the heavens in 1961, manned space flight has been a strictly government-run affair. That ended on June 21 when MIKE MELVILL flew to an altitude of 100.1 km on SpaceShipOne, a private rocket-powered plane funded by Microsoft co-founder Paul Allen. After gliding safely to earth, Melvill was more exultant than eloquent. He climbed atop the dart-shaped craft and whooped, "Yeeee-haaah...
...purpose now: not just to discredit Starr but also to make the war against the ultraconservatives a significant part of his presidential legacy. He wants to be remembered for the Starr investigation. And so one of the more remarkable moments in our interview was when Clinton brought up his affair with Monica Lewinsky without our having to ask about it. Clearly he had fitted Lewinsky into his unified field theory of his life. "I think," he told us, "if people have unresolved anger, it makes them do nonrational, destructive things." The President insisted that was not an excuse, just...
...initiated the buyback "in the interest of nonspeculating shareholders." The regulator has since said it let the matter pass because the times were exceptional. But the magistrates are now treating the sale as possible share manipulation, a criminal offense. Indeed, one of four other people under investigation in the affair...
...money launderer was nabbed in a middle-class Hong Kong apartment, where police also found $3.8 million in cash. In Malaysia, the suspected source of the chemicals used to make the drug, police arrested six more alleged syndicate members. The "plastics factory" was, from start to finish, a multinational affair...
...investing in Russia, don't worry about a company's fundamentals: read the President's lips. Last Thursday, shares of the oil giant Yukos were at a 30-month low and were dragging the rest of the Russian stock market down with them. The market feared that the Yukos affair was heading for the worst possible end - bankruptcy. But Thursday afternoon, Vladimir Putin told journalists he had no interest in seeing Yukos go bankrupt, and in less than two hours Yukos shares jumped by 35% and the market finished 10% up in record trading. Yukos' share price rose again Friday...