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Similarly, the Navy and Air Force could slow the development of their new generation of advanced aircraft. The Navy's F-14 fighter, still in production, and the A-6 attack jet, which the Navy wants to phase out, are more than merely adequate. Nor does the venerable Air Force F-15 interceptor need to be replaced by a proposed Advanced Tactical Fighter. These grand projects could easily be kept on hold for ten years or more. The Air Force should also forget its new C-17 cargo plane, which costs $318 million, and stay with the long- proven...

Author: /time Magazine | Title: How Much Is Too Much? | 2/12/1990 | See Source »

...Shearson paid nearly $1 billion to acquire E.F. Hutton. Dozens of top-notch Hutton brokers defected to other investment firms. At the same time, the firm suffered dwindling business from individual investors, on whom Shearson was still heavily dependent. Cohen, meanwhile, who had begun acting the part of the jet-setting dealmaker, was paying less attention to the day-to-day management of his empire...

Author: /time Magazine | Title: Vanities on The Bonfire: Peter Cohen | 2/12/1990 | See Source »

...Jet lag is hard enough on humans, but for Homarus americanus it can be deadly. As many as one-fourth of the Maine lobsters on flights to burgeoning markets in Asia die during the long trip, even though they travel in comfy insulated containers. A research team organized by the Lobster Institute at the University of Maine is considering an answer to the problem: a rest stop at a first-class lounge in Hawaii. If they were plunked into a so-called relay pound, the weary crustaceans could stretch their claws and absorb oxygen from Pacific seawater...

Author: /time Magazine | Title: SEAFOOD: Vacations for Crustaceans? | 2/5/1990 | See Source »

...still no hard evidence that they have acquired them -- there are certainly plenty of SAMs, primarily U.S.-made Stingers and Soviet-built SA-7 Grails, available through illegal channels. Both are portable, shoulder-mounted rockets that use tiny infrared sensors to home in on the heat generated by a jet engine...

Author: /time Magazine | Title: Technology: Could They Hit Air Force One? | 2/5/1990 | See Source »

...heard a rumbling, a very loud rumbling," said Whitelaw, who was on an indoor tennis court at the time. "It sounded as if your car was gearing back and you were stripping the gears, and the typical rumble you get from a jet plane going over...

Author: NO WRITER ATTRIBUTED | Title: Airplane Crashes Near Kennedy Airport | 1/26/1990 | See Source »

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