Word: launchful
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GRANTED. THE FIRST LICENSE for a privately built rocket to take passengers on suborbital spaceflights; by the U.S. Federal Aviation Administration (FAA); in Washington, D.C. The space-launch license, which was given to a California company headed by aerospace pioneer Burt Rutan, represents "a big step" toward space tourism, said FAA spokesman Henry Price. Rutan's craft, dubbed SpaceShipOne, was successfully tested on Dec. 17 last year. It reaches high altitudes slung beneath the belly of White Knight, an ungainly jet aircraft, before being launched into space. The craft is competing for the $10 million "X Prize" for the first...
While HBS has cooperated with BusinessWeek since the survey’s launch in 1988, Lampe said the school has now decided “that the process should be the same for the media, particularly since rankings have become a significant area of growth for an increasing number of publications...
Latin culture has joined hip-hop as a muse to the major players in fashion. Perry Ellis International announced the launch last month of two Latin-inspired and Latin-targeted women's sportswear lines: Cubavera, to be sold at major department stores, and Havanera Co., a private label to be manufactured for JCPenney. Each is an extension of a successful men's line bearing the same name. "Our Hispanic-focused brands brought in $23 million in revenue in fiscal 2003, and we expect to almost double that for fiscal 2004," says Perry Ellis International's CEO, George Feldenkreis. "At this...
...have to recruit locally. Still, the presence of Azizi's cell-phone number in Zougam's apartment could mean that Azizi had helped after all. What is the GICM? The Moroccan group, listed as a terrorist organization by the U.S. since 2002, is believed to have helped launch a coordinated series of suicide bombings in Casablanca last May, killing 33 innocents and 12 bombers. Moroccan political analyst Mohammed Darif sees GICM as "part of al-Qaeda," but says its role in both Madrid and Casablanca "was to provide the people who would carry out attacks; the people higher...
...made up of unemployed executives, retirees, a sociologist and one man under investigation for money laundering (which he denies). Welcome to shareholder activism, French style. Their prize: the company that built and operates the Channel Tunnel, the rail link beneath the English Channel that was hailed upon its 1986 launch as Europe's largest privately funded infrastructure project. When the stock was introduced in 1987 at the equivalent of €5.33 per share, thousands of investors bought stakes in a transport monopoly serving two of Europe's largest economies. But this can't-lose company did just that...