Word: crunchings
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Dealing with the postal crunch will be a formidable job for Anthony Frank, 56, who became Postmaster General this month. He replaced Preston Tisch, who returned to the management of Loews Corp. Frank, a former chairman of San Francisco's First Nationwide Financial Corp., has already jumped to the defense of the Postal Service, pointing out that the "magnitude of the task is just beyond belief." As for the higher rates, even critics concede that U.S. postal service is cheap compared with that of other countries. Mailing a letter in West Germany, for example, costs 48 cents, while the price...
Much supercomputing research is funded by the U.S. Government, whose appetite for high-speed, number-crunching power for both defense and intelligence uses seems boundless. Last year the Pentagon spent hundreds of millions of dollars trying to step up the speed of the fastest machines. One Government project that has a special need for supercomputing power is the national aerospace plane, a high-altitude aircraft intended to carry military and civilian cargo at up to 25 times the speed of sound. Since there are no wind tunnels capable of simulating such blistering airspeeds, the hypersonic plane will have...
...General Manuel Antonio Noriega, the crisis seemed to grow more desperate by the day. As Panama suffered through a worsening cash crunch and continuing street protests, the strongman faced a revolt by some officers of the once unswervingly loyal Panamanian Defense Forces. The rebellion erupted shortly after dawn last Wednesday: residents living near Noriega's Panama City headquarters heard the crack of gunfire from inside the iron-gated compound. Reports of a coup quickly swept the capital. The rumors grew until 9:30 a.m., when Noriega appeared at a window and waved. Wearing a white guayabera sport shirt, the general...
Stewart added that he could not see "how any non-confrontational solution can be found. A couple of hundred dollars will not fix the housing crunch in Cambridge...
WORLD: Facing a U. S.- engineered cash crunch, Noriega may be ready to deal...