Word: building
(lookup in dictionary)
(lookup stats)
Dates: during 1980-1989
Sort By: most recent first
(reverse)
...move that shocked the investment community -- and sent Cray's stock tumbling 8 1/2 points in a single day -- the company announced the cancellation of its most advanced supercomputer project and the impending resignation of Project Manager Chen. According to the company, Chen's plans to build a machine ten times as powerful as any existing today had grown wildly over budget. Estimated cost of completion: $100 million. Chen is reportedly planning to pursue his ideas...
Many of his customers return within three years to trade up to a superyacht. "Twenty-five years ago, a 120-footer was for kings and princes," says Denison. "Now the average boat we build is 90 feet." As for size, which matters greatly to yacht owners, King Fahd of Saudi Arabia owns the world's biggest yacht, the 482-ft. Abdul Aziz, which includes a mosque and a movie theater that seats 100. Because the King's yacht is currently in drydock, the unquestioned ruler of the waves is Queen Elizabeth's 412-ft. Britannia...
...default came after nine months of talks in London finally fizzled. North Korea has owed most of the money, which it used mainly to buy grain and heavy equipment and to build bridges and roads, since the early 1970s. The country has never repaid any principal; indeed, on several occasions, it also suspended debt repayments, only to work out more favorable terms with Japanese and Western creditors. But for the past three years, Pyongyang has refused even to meet interest charges. For a time it looked as if the banks and the North Koreans might work out another agreement...
...enthusiasts as a great adventure that could capture the public's imagination. "Settling Mars should be our eventual goal," she writes, "but it should not be our next goal." A commitment to Mars, she warns, could imperil NASA's plans to put a shuttle fleet back in operation and build a space station. It would also require a tripling of the agency's budget during the mid-1990s -- an unrealistic prospect...
...full NTSB after a public meeting that may not be held for nine to twelve months. Whatever the cause of the Detroit disaster, the doubts and conflicting reports are unnerving for airline passengers and officials alike. Notes newly appointed FAA Administrator T. Allan McArtor: "You work so hard to build into your system safety margins, procedures, mechanisms to deal with the human frailty. When these break down, it just stuns...