Word: aircrafting
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SCOTCHGARD In 1953 Patsy Sherman, one of the few women chemists at a major corporation, was researching in 3M's labs ways to create a rubber material that aircraft fuel couldn't destroy. Her assistant accidentally knocked over a bottle of synthetic latex onto her new sneakers. Soap, alcohol and solvents couldn't remove the compound, but Sherman also noticed it resisted dirt. So she and a colleague improved its liquid repellency, and three years later 3M sold it on the market as a suede protectant. In 1973 Sherman obtained a patent for it to preserve carpets...
...than $51,000 on financial planning for outgoing CEO Robert Nugent, who made $2.1 million in salary and bonus, and presumably can pay for his own investment advice. There?s been disclosures of $2,000 gift cards for directors and one sweetheart deal where a company spent millions leasing aircraft from its CEO?s privately owned firm. And as part of his effort to shake up management at Time Warner (parent company of Time.com), investor Carl Icahn has been railing of late against what he calls excessive perks at the media giant, most notably the five corporate planes used...
...almost 40 years, the aircraft carrier Clemenceau plied the world's seas as the flag bearer of the French navy, deploying off troubled coasts from Djibouti in 1974 to Yugoslavia in 1993. Last week the decommissioned 26,000-ton giant - stripped of guns and under an assumed name - was stalled on what the French had hoped would be its last journey, bound for the world's biggest shipbreaking yards on the beaches of Alang in western India. The ship, which is riddled with potentially toxic asbestos and has already been rejected by Greece and Turkey, made no headway for several...
Overall, it's a cumbersome process that can leave companies with promising treatments in limbo for years. "You wouldn't expect a defense contractor to build an aircraft carrier without a contract, but they're expecting pharmaceutical companies to develop these drugs without contracts," says Richard Hollis, CEO of Hollis-Eden, a San Diego biotech hoping to sell the government a treatment for acute radiation syndrome (a blood sickness caused by a dirty bomb or nuclear explosion). Hollis says his company has spent $100 million on the drug, Neumeune, betting the feds would stockpile doses for 12 million...
...controllers had noticed sparks coming from the rear of the plane shortly after it took off, according to Jim Peters, a spokesman for the Federal Aviation Administration. A ball bearing, which controls the landing wheels, had failed on the outermost tire on the right side of the Boeing 717 aircraft, he said...