Word: eddington
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Within a few years, new telescopes being built in the Chilean Andes could confirm if some of these flaws are indeed still out there. If so, that's one more nod to Sir Arthur Eddington, the early-20th century physicist who said, "Not only is the universe stranger than we imagine, it is stranger than we can imagine...
There is another way. In December, Sir Rod Eddington, former head of British Airways, completed a study on transport for the U.K. He evaluated all kinds of projects--from fancy high-speed trains to simple bike paths--and calculated the return on investment per pound spent. What he found was surprising. "Small can be beautiful," his report concluded. Large projects like new rail lines tended to be less beneficial for the money than modest ones, like widening an old road. The British government is now funding more projects on the basis of this more rational notion of overall value...
...compromise. But few expect a solution until E.U. leaders meet in Brussels later this month - if then. BA Gets A New Pilot Talk about getting an upgrade. Willie Walsh, former boss of Ireland's state carrier Aer Lingus, was last week appointed to succeed British Airways' departing CEO Rod Eddington in September. BA shares rose on the news of Walsh's new job, and the airline - in the midst of a turnaround - hailed the 43-year-old as "the very best person for the job." Walsh's main accomplishment was rescuing Aer Lingus from bankruptcy after taking over the controls...
...helping. Unions disagree: BA "didn't just cut the flab," railed Ed Blisset of the GMB. "It cut into the bone as well." But with quieter winter months approaching, "shareholders would probably prefer [BA] run on edge this time of year," counters one airline analyst. Even CEO Rod Eddington lent a hand at Heathrow late last week - a great way to spend a summer holiday. - By Adam Smith The Spitzer Treatment Britain's GlaxoSmithKline (GSK) reached a $2.5 million settlement with New York Attorney General Eliot Spitzer over allegations that it withheld information about the safety of antidepressant Paxil...
TIME: So you won't comment on his cricket skills? Eddington: Let's just say that he and I share a love of the game...