Word: licensees
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Dates: during 1980-1989
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The Harvard Flying Club can now provide full flight training for a pilot's license following its recent purchase of flight instruction insurance, the college decided recently.
Such arrangements can be perilous for small companies because they limit future profits. One of the first big drug firms to license gene-splicing technology was Eli Lilly (1983 sales: $3 billion). Now it has assembled its own team of scientists and is rushing to develop a hormone that stimulates...
The industry might have recovered from the WPPSS debacle, but in recent weeks it has suffered a series of other reversals. In mid-January the federal Nuclear Regulatory Commission denied Illinois' giant Commonwealth Edison a license to operate its new Byron plant, which was nearly completed and had cost $3.7...
Consumers Power Co. is spending $1 million a day in interest payments to keep its Midland project going. Consumers Power's long-term debt now exceeds the firm's shareholder equity by more than $1 billion; Chairman John D. Selby has warned that if the twin reactors are not finished...
His 30 seconds over Tokyo as an Air Force squadron commander during World War II earned now retired Lieut. General James Doolittle the Congressional Medal of Honor. Other highflying exploits earned him a Distinguished Flying Cross and a Silver Star. Of course, it still takes all those medals and a...