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Quebec politicians described Sun Life's move as "economic blackmail"; the federal government protested it would hurt "national unity." Still, some small companies have already quit Quebec entirely, and many big firms, including the Royal Bank of Canada, the Bank of Montreal, Northern Telecom Ltd. and the Royal Trust Co., have simply moved key departments. As long as managers worry about the possibility, however remote, of one day waking up to find themselves marooned in a small nation, some will continue to flee...
...British, whose Doppler system is built by Plessey Co., Ltd., insist that the U.S. scanning beam is clearly inferior. They also contend that computer simulations done for the FAA at M.I.T.'s Lincoln Laboratory were biased in favor of the American MLS. Some U.S. experts, including a former FAA administrator, John H. Shaffer, agree. But after technical presentations and demonstrations of both devices in Montreal, the ICAO experts voted 39 to 24 in favor of the American system. The U.S. scanning beam has won a crucial round in the quest for a prize that eventually may be worth...
...TriStars. To Rolls, Pan Am's initial order means $218.5 million in sales and an even richer psychological reward. Start-up costs for the RB.211 pushed the famous automaker into bankruptcy and its jet-engine operation into nationalization in 1971. Sir Kenneth Keith, 61, chairman of Rolls-Royce Ltd., believes that the future of the RB.211 program has been enhanced by the Pan Am deal. Said he: "It has been a cliffhanger. Six months ago, I would not have given even money on it. But now it's in the bag-absolutely...
Fugitive Financier Robert Vesco has been facing some rough weather in the sunny Caribbean. Charged with embezzling $224 million from the now defunct I.O.S. Ltd. mutual fund empire, Vesco fled from the U.S. to Costa Rica in 1972. He is now ensconced as a gentleman farmer on a 4,000-acre country estate with his wife and children. Threatened with deportation once Costa Rica's President-elect, Rodrigo Carazo, takes office in May, Vesco applied for citizenship, listing his nationality as Italian (he was born in Detroit but claimed the nationality of his father). Trouble is, Italy and Costa...
...count 'em, ten other planned sequels; Medway Productions will make other kinds of films, including a sequel to Lucas' 1973 hit, American Graffiti. Sprocket Systems Inc. will provide special effects for the Star Wars progeny and any other films that need its services, and Black Falcon Ltd. will market books, records, toys and other spin-offs from Lucas' films...