Word: braked
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...recent layover in Bishkek, Kyrgyzstan. He had to take shelter at a nearby U.S. military base when demonstrations erupted. As a precaution, World's airplanes not only carry mechanics on many flights but also bring along 5,000 lbs. of spare parts such as tires, windshield wipers and brake pads--just in case. In an industry in which adherence to routine and regulations is required, World attracts employees who thrive on the unexpected. "I've already been to 49 countries," says Marc Vetterick, the airline's Atlanta airport manager...
...large U.S. oil company would further complicate an already tense trade relationship between the U.S. and China. U.S. Treasury Secretary John Snow kept up public pressure on Beijing last week to revalue its currency, the renminbi, a move that Washington believes would brake China's surging trade surplus. China has also announced tariffs on its own exports of textiles to pre-empt possible moves by Europe and the U.S. to protect home markets. In this environment, the purchase by a state-owned Chinese oil producer of a U.S. rival no doubt would stir controversy. But in the global oil patch...
...pocket costs for cars and computers are understated. Last year the average suggested sticker price for a passenger car rose $467, reports the Department of Labor. But because of improved brake, air-bag and theft-protection technology, which made cars more valuable, an increase of only $386 was built into the CPI in an effort to measure "constant quality," says Patrick Jackman, senior economist at Labor...
Since all the students think they're better drivers than they really are, school starts with a lesson in braking for the eight enrollees. "I'm sure you're all experts at flooring the accelerator," says Matt Mullins, one of the instructors, "but how many of you are used to flooring the brake pedal?" No hands go up, and Mullins proceeds to illustrate how to recover from a spinout, slide through a curve, aim for the apex in a corner and accelerate out. Geared up with helmets, we head out to the skid pad, then move on to a lesson...
...make no mistake, Clissold reports from deep in the trenches. Eventually Pat invests in a variety of companies in China, dealing with everything from beer to brake pads; there's nothing glamorous about any of them. Clissold, a fluent Mandarin speaker, becomes Pat's chief troubleshooter--and there's plenty of trouble. (How does $58 million "disappearing" from the books of a company you've bought grab you?) This is the mid to late '90s, remember, when to many Chinese the definition of capitalism still seemed to be "The foreigner comes, gives me a lot of money, then goes away...