Word: depotism
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Jocelyn M. Kiley '97, co-chair of the Currier House Committee, says that house has a steady income from renting the linen depot to Harvard Student Agencies...
First the Pentagon conceded last June that perhaps 350 soldiers from the Army's 37th Engineer Battalion could have been exposed to traces of chemical weapons when they blew up ammunition at the Kamisiyah weapons depot in southern Iraq on March 4, 1991. It was one day after Iraq's surrender, ending the Gulf War, and the unit was destroying Bunker 73, which contained rockets brimming with the virulent gas sarin. Three weeks ago, a presidential commission tripled--to 1,100--its estimate of the number of G.I.s exposed to the poison during that incident. Then last Wednesday the Pentagon...
...beat 'em, buy 'em. so said Staples Inc. by its actions last week when the No. 2 office-supplies superstore agreed to acquire No. 1 Office Depot for $3.36 billion in stock. Office Depot was relieved to end the battle with its hard-charging rival. "We're a lot happier to be together with Staples than to compete with them," said David Fuente, chief executive officer of Office Depot...
...years ago, Andrei Mansky, and a friend pooled $100 to buy materials for a label-design company they started at a truck depot. Today his firm, Vidus, employs 40 people who design and sell labels for products from all over Russia. Revenues exceed $4.5 million a year, which makes Mansky, 28, one of Russia's new rich: he zips around St. Petersburg in a slick red Mazda and vacations with his wife in France and Spain. "If the Communists come to power--well, if that happens, it happens," he says with a shrug. "I am not stashing money or getting...
...breed of low-price airlines that seek to take advantage of a large pool of pilots and flight attendants who found themselves out of jobs after layoffs at large airlines. It is so no-frills that ValuJet president Jordan uses a $100 desk he bought at Home Depot. The strategy has proved a success for ValuJet. In 1993 the airline flew to Orlando and Tampa in Florida from Atlanta; today it serves 31 cities in 19 states. It reported that in April it had flown 50% more "revenue passenger miles" than it had in April 1995. But last month...