Word: firm
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Dates: during 1970-1979
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...more than $750 million in cash and, after its slow start, its ten-year, $1 billion investment in the DC-10 was about to pay off. The company needs 400 sales of the $40 million plane to cover costs and start making profits. It has already delivered 281, received firm orders for 49, and taken options-which buyers could still cancel-for 50. Last year the Douglas commercial-plane side, which McDonnell had acquired in 1967, lost $60.3 million, mainly because of unrecovered DC-10 costs. This was more than offset by the pretax profit of $281 million earned...
...Monday morning the two leaders will discuss bilateral matters. Carter will push Brezhnev for firm assurances that the Kremlin will continue its more liberal policy on emigration, particularly for Jews-the price the U.S. Congress has set for lifting restrictions on Soviet trade. The President will also urge Brezhnev to free Dissident Leader Anatoli Shcharansky from prison...
...week for its annual convention, dozens of members slipped off to study the city's architectural showcase: the R. Crosby Kemper Jr. Memorial Arena, the 17,000-seat sports and concert coliseum that was the site of the 1976 Republican Convention. Designed by Helmut Jahn, of the Chicago firm of C.F. Murphy Associates, the sleek, futuristic building had several distinctive structural features. One was the sweep of interior space, 324 ft. long, without a single interior support. Another was the three huge exterior trusses, or interlocking networks of pipes, that marched up, across and over the cool white structure...
...roof at the C.W. Post Center in Brookville, N.Y.), the Kemper disaster sent worried architects scurrying back to study their latest designs. There is widespread fear that the reputation of the profession is eroding-and with some reason, according to former AIA President Elmer Botsai. His successful San Francisco firm specializes in correcting other architects' errors. Although workmanship and materials are often faulty, he says, "fundamental design failure" is almost always involved. Echoed one worried AIA conventioneer in Kansas City: "It's like the DC-10. There is public misgiving...
...Daley, widow of the mayor. Though its vast mosaic-lined entrance halls and twin marble staircases leave little room for a functional library, the interior has been restored in all its original quattrocento palazzo splendor at a cost of $12 million. Architect Gerrard Pook of the 99-year-old firm of Holabird & Root points out that a new central library with the necessary 300,000 sq. ft. could have been built for the same price, but many Chicagoans feel that the A.I.A. award-winning restoration is at least partial atonement for the other great buildings they have lost...