Word: gocart
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With estimated annual profits of $1 billion and a market value of $15 billion to $20 billion, ESPN, launched in 1979 with a lineup that included Australian Rules Football and gocart racing, became Disney's go-to asset as its theme parks and ABC faltered. Comcast Cable president Stephen Burke leaves no doubt that acquiring ESPN is a prime motivation for his bid. "Warren Buffett has said he likes businesses that are like a castle with a big moat around it," says Burke. "ESPN is a great castle with a very big moat." ESPN's Sunday Night Football...
...rumor had been circulating at Nevada State Prison in Carson City for nearly five years, but no one took it seriously. Finally, the new warden dispatched a special security squad to check it out. Sure enough, there in the prison shop were a three-wheel gocart, a motorcycle engine, a rear rotor blade-in short, more or less everything needed to build a helicopter except the main overhead blade. The criminal masterminds were a welder, a plumber and an electrician serving long sentences in maximum security. Warden George Sumner contends that the plot would never have flown anyway: "If they...
...wood or fossil fuels, or both at the same time. New York's Oneida Heater Co., one of the nation's oldest furnace makers, introduced a wood-fired line of furnaces five years ago and now does some 80% of its business with them. In Milwaukee, a gocart manufacturer, Johnson Kart Co., five years ago developed a wood-burner adapter to fit onto existing oil-fired hot-air furnaces, and since then has tripled its work force and sold 50,000 of the units (price...
DIED. Ronnie Peterson, 34, Swedish racing-car ace; of injuries suffered in a fiery ten-car crash during the first lap of the Italian Formula One Grand Prix at Monza; in Milan. Starting as a "gocart" driver at the age of eight, the shy, cool-nerved Peterson eventually raced in more than 100 Grand Prix events, and this year ranked second behind Mario Andretti in the world championship driver standings. Asked if he ever became scared, Peterson, the veteran of some 30 accidents, replied, "No, not really. If I did I think I would give it up." The fatal wreck...
When the children were old enough to begin walking, they were helped out by a colonial version of a gocart. They were also put in a "standing stool," a small playpen of sorts. Bathing, as we practice it, was unknown. The bowl and pitcher were available, but children were not constantly washed and covered with powder or oil. As for play, some of the sterner, Puritanical parents were suspicious of games-especially so in New England -and indeed of anything that prompted laughter and enjoyment. Nevertheless, children were permitted to play sports, receive toys and in general behave at times...