Word: electricizers
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REAL RAY GUNS Further out on the horizon, the line between weapons development and science fiction becomes perilously thin. Mission Research Corp. of Santa Barbara, Calif., is working on a pulsed energy projectile (PEP) that superheats the surface moisture around a target so rapidly that it literally explodes, producing a...
U.S. suppliers have signed 20 contracts and are bidding on an additional 25 for the A380, which is scheduled to enter service in 2006. In a surprise announcement last January, Airbus selected Honeywell, based in Phoenix, Ariz., to provide the crucial electronic flight-management system (which helps with navigation) for...
A few years ago, it was fashionable to shun foreign investments, not just because U.S. stocks were the toast of the world but, some reasoned, because you get international diversification by owning global companies such as General Electric and Gillette or the mutual funds that hold them. That logic always...
DIED. ARNOLD WEINSTOCK, 77, industrialist who headed one of Britain's largest conglomerates, General Electric Co. (gec), and ensured its success for 33 years; in Wiltshire, South England. Known for penny-pinching and attention to detail, Lord Weinstock was ousted from gec in 1996 and succeeded by Lord Simpson, who...
And that damage may be lasting. A new TIME/CNN poll finds that fewer than one-third of Americans expect the economy to improve in the next year. It is not just that we have confronted in WorldCom the worst case of fraud in U.S. corporate history; today the bluest of...