Word: mortons
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Illinois: Lincoln-Morton Link. Already under construction, the 31-mile highway will connect Interstates 74 and 55, cutting 40 miles off the trip from Peoria to St. Louis. Backed by House Minority Leader Robert Michel, who represents the area, the stretch would provide an alternative to Route 121, two lanes of inadequate winding blacktop on which highballing truckers terrify motorists. Total price tag: $135 million, of which the highway bill provides $17 million...
...Republic senior editor Morton Kondracke and former Eighth Congressional District candidate George Bachrach kicked off the weekend's events last night with a discussion entitled "Into the '90's: America After Reagan...
When Henry Morton Stanley went to Africa to find Dr. Livingstone for the New York Herald, he may have carried no more than a note pad and a few supplies. In the electronic age, reporters backpack a heavier load. A network correspondent must lead a safari of a producer and camera and sound technicians. Each network spends up to $10 million a year to maintain Washington offices, but even the smallest bureau can run up a $500,000 annual tab. CBS spends nearly as much on Diane Sawyer's $1.2 million contract as on the three bureaus it will...
...which has gone up 160% in the past three years. Snaps Liberal Party Leader David Steel: "This endless shuffling about of assets has done nothing to improve the basic efficiency and capacity of British manufacturing." Already, takeover fever has abated. "There are no megabids running at all," says Kenneth Morton, an executive director with the Hill Samuel Group. "There's no doubt that people's attitudes have changed." Last month BTR, one of Britain's most aggressive raiders, backed away from a contested takeover of Pilkington, a highly successful glassmaker. Though BTR insists that its decision was based entirely...
...that time the field could be overcrowded. Although the number of Western commercial satellite launches -- about 25 a year before the shuttle accident -- is expected to return to that level by 1992, the number of competitors who are eager to launch them is growing rapidly. Observes Morton Langer, who follows aerospace companies for the investment firm Bear, Sterns: "The fundamental question facing the commercial launchers is whether there will be enough satellite launches to support all the companies that have entered the business. Right now there is more romance than answers...