Word: competitors
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...Crimson posted a time of 5:54.94 in the Grand Final, two seconds ahead of its nearest competitor, Columbia. Princeton followed in third (6:06.29) and Navy, who beat Harvard in dual competition earlier this season, pulled in for fourth place...
...Munich. And the fight is becoming more intense: just last week U.S. Airways, which recently emerged from bankruptcy, struck a $4.3 billion deal to buy 170 regional jets, splitting the order evenly between Bombardier and Embraer. It was a sure sign that Embraer can fly as high as its competitor - a point driven home at the São Paulo show as Embraer opened a new front in the battle, flaunting its first executive jet, the attractively priced $20 million Legacy. "There is really no competition" between the Legacy and Bombardier's business fleet, sniffed Bombardier spokesman Leo Knappen...
...nearly 8,000 employees worldwide, or about 22% of its work force, and Embraer more than 1,800 (almost 10%), as many existing orders have been postponed or converted into purchase options. Revenue is down significantly for both companies, and it was an ominous sign when a major competitor, Germany's Fairchild Dornier, filed for bankruptcy in April 2002. Embraer's usually brash CEO, Maurício Botelho, 59, last month observed in nervous executive speak, "The aerospace market right now is very sensitive to change." Investors agree. Embraer stock has fallen from the high $30s before the 9/11 attacks...
Expedition racing isn't cheap. A weekend race costs about $500 a competitor, plus equipment, and a USARA survey last year showed that serious competitors spent an average of $5,600 annually on the sport. John Hartley of Ridgewood, N.J., a mountain biker turned expedition racer, is just one participant who thinks it's worth it. "It's almost like being a kid again," he says. "You run in the woods, ride your bike on mountain trails and play in the water--and you do it with your friends...
...those same polls show that Menem, 72, of the Peronist Party, is the surprising front runner in this Sunday's presidential election. Although his numbers are relatively small--18.3% vs. 16.8% for his closest competitor, Santa Cruz Governor Nestor Kirchner, another Peronist--half of those polled say they think Menem will win. As bad as Menem may have been as President, say Argentine pundits, his successors (incredibly, there have been five since the 2001 crash) created an even bigger mess, and jaded Argentines have apparently decided that Menem is as good as their politicians will ever get. Menem...