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Like most second marriages, the DuPont company's latest joint venture in China represents the triumph of hope over experience. When DuPont opened an agricultural-chemicals plant in Shanghai in 1991, local entrepreneurs made off with the formula for the company's Londax rice herbicide and started up a rival firm to produce it. DuPont's secret was not protected under Chinese law. Undaunted, DuPont plans to invest $16 million in a joint venture in Shanghai in 1995 that will manufacture equipment for integrated circuits. But this time the Delaware-based giant is trying to be smart about reducing...

Author: /time Magazine | Title: Get Asia Now, Pay Later | 10/10/1994 | See Source »

...That dismays U.S. workers who have watched their employers cut jobs in cities like Wichita, Kansas, only to expand production in Xian. Shortly after Scott Paper disclosed plans in August to lay off 10,500 workers (nearly one-third of its work force), the company announced an $18 ^ million joint venture that will create 200 jobs when it begins producing facial tissue in Shanghai in 1995. At the same time, Boeing, which has dismissed 4,000 workers in Wichita over the past two years owing to a worldwide slump in aircraft sales, has begun shifting construction of some tail sections...

Author: /time Magazine | Title: Get Asia Now, Pay Later | 10/10/1994 | See Source »

Gustave M. Hauser, chair and CEO of Hauser Communications, and Rita E. Hauser made the joint gift to help the Law School "achieve its future growth and goal," Mr. Hauser said in an interview yesterday...

Author: By Nan Zheng, | Title: Couple Donates Record $13 M To Law School | 10/7/1994 | See Source »

...healthy meal in this joint will probably be the last day I come here," said Peter G. Whang '95. "I definitely don't come here for a square meal...

Author: By Amita M. Shukla, | Title: No More Grease--Tommy's Is Sold | 10/6/1994 | See Source »

Swedish researchers have developed what they say is a successful procedure to alleviate joint pain and even halt arthritis. The purported miracle is a process that grows patients' own cartilage to replace the damaged tissue. Prime candidates for the operation in the U.S. are the 190,000 people who have knee-replacement surgery each year...

Author: /time Magazine | Title: NEW HOPE FOR BUSTED KNEES? | 10/5/1994 | See Source »

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