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...tried to specify what went wrong. After all, it was only a year and a half ago that Congress approved $100 million in aid to the rebels. Some cited the Iran-contra affair. Others said political expediency had come into play. "This is an election year," said one contra booster, "and the plain fact is that there is not resounding ((public)) support...

Author: /time Magazine | Title: The Contra Account Runs Dry | 2/15/1988 | See Source »

...liberation of its divisions could be a morale booster for the company, especially since the move comes after a streamlining process in which the company reduced its work force by 16,000 jobs, to about 400,000 total. At the same time, some 20,000 workers were transferred, often from cushy staff jobs to more grinding assignments in sales and service. Akers is thus trying to give the company a peppier, more entrepreneurial feeling, even renaming the product groups to give them pizazz not normally seen at IBM. Example: the Information Systems & Storage Group will be rechristened IBM Enterprise Systems...

Author: /time Magazine | Title: Can This Elephant Dance? | 2/8/1988 | See Source »

...returned happily to earth last week after spending a record-setting 326 days in the space station Mir, a prototype of one from which the Soviets hope to send men to Mars before the end of the century. The same day, NASA announced that part of a newly designed booster rocket had failed during a test firing at a Morton Thiokol plant near Brigham City, Utah, causing an undetermined delay in the faltering effort to resume U.S. manned space missions. At the same plant, five workers were killed when nearly 100,000 lbs. of solid rocket propellant...

Author: /time Magazine | Title: Still Grounded: Another setback for the shuttle | 1/11/1988 | See Source »

...failure in the booster-rocket test was unrelated to the malfunction that caused the Challenger explosion on Jan. 28, 1986, when fire burned through an O-ring that sealed the joint between two rocket sections. This time the problem was in a flexible boot ring that helps anchor the swiveling rocket nozzle to the rigid booster case. Nearly half of the ring, which is 8 in. wide, 2 in. thick and 8 ft. in diameter, broke away during the horizontal ground test; some pieces were found inside the booster. The nozzle had been deliberately shifted 7 degrees, just 1 degrees...

Author: /time Magazine | Title: Still Grounded: Another setback for the shuttle | 1/11/1988 | See Source »

Morton Thiokol stopped its scheduled shipment of aft booster segments to Cape Canaveral, Fla., where an astronaut crew had hoped to resume flights on June 2. NASA estimated that the longest probable delay from the nozzle failure would be three months. But some of the agency's veterans speculated that the Administration will not want to risk a launch until after the November elections...

Author: /time Magazine | Title: Still Grounded: Another setback for the shuttle | 1/11/1988 | See Source »

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