Word: launchful
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...turnaround in thinking comes at a particularly crucial time, because pharmaceutical manufacturers are getting ready to launch a new group of anti- HIV drugs onto the fast track. Their success in doing so may hinge on the outcome of an FDA advisory-panel meeting that is taking place this week in Rockville, Maryland. Panel members are expected to consider the activists' criticisms and determine whether the agency's fast track has too many shortcuts in it and should be revamped yet again...
Pentagon officials tell TIME Defense correspondent Mark Thompson they want President Clinton to wait until at least Monday to launch a U.S. invasion. "They can do it before then, but they won't be optimally situated," Thompson says. If Clinton were to order military action sooner, the initial U.S. strike forces would have to double up as peacekeepers until support personnel arrive -- a messier scenario. Clinton also has not canceled plans to attend a major fund raiser in California Sunday, he adds, an unlikely place from which to supervise an invasion. On the flip side, holding off until Tuesday...
...Russians insist Mir is in good shape, but they cannot say the same for the workers at the Baikonur launch site in Kazakhstan. According to a report on Moscow TV, the workers' housing is deteriorating, crime is on the rise, and schools and hospitals are closing down. Under such conditions, observes James Oberg, an author and expert on the Russian space program, "skills get diluted, motivation disappears, attention wanders...
...wholesale leap into revolving credit is a gutsy move for American Express, whose recent ads have featured Jerry Seinfeld musing adenoidally about what the company has referred to in less lighthearted moments as the "evils of debt trap." AmEx's own maiden voyage into revolving credit -- with the launch of the Optima card in 1987 -- resulted in a plastic meltdown. The program quickly racked up $1.5 billion in unpaid charges, a figure twice the industry average, according to Robert McKinley, president of RAM Research Corp. Since March 1992, when the loss rate peaked at 12%, AmEx has wrestled bum credit...
...commercials, giveaways and other promotional stunts introducing all makes and models; more than $400 million will be devoted to touting the appealing new compacts. Says Steve Lyons, general-marketing manager of the Ford Division, which will spend $100 million selling the Contour alone: "This is the biggest launch campaign in our history. These are important cars for us, new cars with new names. We've got a lot of explaining...