Word: aircrafting
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...work force), the company announced an $18 ^ million joint venture that will create 200 jobs when it begins producing facial tissue in Shanghai in 1995. At the same time, Boeing, which has dismissed 4,000 workers in Wichita over the past two years owing to a worldwide slump in aircraft sales, has begun shifting construction of some tail sections of the 737 aircraft to Xian. Warns Dale Moore, who represents the machinists at the Kansas plant: "Once we start making deals to give them work, the more they get, the more they'll want...
...price of industrial diamonds. GE vigorously denies the Justice Department charges. Meanwhile, the FBI armed a GE whistle-blower with a hidden tape recorder last year to probe charges that the company had repeatedly ignored warnings about electrical problems that could compromise the safety of its aircraft engines. Not only has the whistle-blower brought a multimillion dollar suit against GE (the company calls the suit "frivolous and outrageous"), but the Justice Department is considering whether to bring its own charges as well...
...continuation of diplomacy by other means, what to make of Sarajevo? As the first snows fell on the nearby mountains, NATO fighter- bombers hit Bosnian Serb positions just outside the capital for the fourth time since February in retaliation for attacks on U.N. peacekeeping troops. The NATO aircraft dropped bombs and directed cannon fire against a Bosnian Serb position seven miles west of Sarajevo; they destroyed a tank. The NATO action was authorized after two French soldiers were wounded in four separate attacks. The peacekeepers had placed themselves between opposing Bosnian Serb and Bosnian government troops when heavy fighting broke...
Thanks largely to slow overseas sales of American aircraft and increased prices for imported oil, the U.S. trade deficit rose sharply in July to its second highest level in history. The gap, $10.99 billion, was nearly 22% higher than the June figure. Stock markets tumbled on the news, with the Dow shedding 101.6 points for the week...
Investigators sifting through the scattered wreckage of USAir Flight 427 are no closer to discovering why the Boeing 737 suddenly nose-dived to the ground, killing all 132 aboard. The FBI ruled out any suggestion that the aircraft was sabotaged in order to silence one of the passengers -- a drug informant who had been testifying to federal prosecutors in Chicago...