Word: blue
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...control of TWA, the sixth largest U.S. airline, by accumulating at least 45.5% of the company's stock. In the process Icahn may have defeated Frank Lorenzo, the chairman of Texas Air and a rival bidder for TWA, with a series of intricate maneuvers worthy of the Navy's Blue Angels flying aces...
...what old NASA hands affectionately call an Eddie Air Force Base kind of day: blue sky, visibility of 45 miles, perfect for a landing. And as the space shuttle Challenger touched down last week on the runway at Edwards Air Force Base, Calif., in 95° heat, kicking up petticoats of dust, a flight that had begun in near disaster ended in triumph. Declared Mission Manager Roy Lester: "Even with a rough start, we achieved excellent science...
...organization as diverse as the U.N., some idiosyncrasies were bound to emerge. Nicaraguan President Daniel Ortega Saavedra refused to hold his country's blue-and-white national flag (his Sandinistas prefer their own red-and-black banner) and thrust the Nicaraguan colors into his pocket during the shoot. Canada's Prime Minister Brian Mulroney, coming straight from a stem-winding speech before the General Assembly, decided to change into a fresh shirt...
...white helicopter dropped out of a darkening sky, veered around a thick tree and sank its runners into the lush grass in the middle of a soccer field at El Salvador's leading military academy. A chubby figure dressed in blue jeans and a wind-breaker bolted from the chopper, dashed across the pitch and threw herself into the arms of her weeping mother. A moment later, Inés Guadalupe Duarte Durán was swept into the embrace of her tear-choked father, President José Napoleón Duarte, for whom the nation's civil war had lately become an agonizing...
...been costing the company an estimated $17 million a day. While the price tag on the new contract will be a daunting $1 billion over the next three years, the company was in no position this time to play tough with its workers. Morale has suffered because blue-collar employees felt they were missing their share of the company's bounty. The firm last year had profits of $2.4 billion, and is expected this week to announce hefty third-quarter earnings. Said Reno Pietrantoni, 53, a millwright who has worked 26 years for Chrysler: "The bonus is really a drop...