Word: newports
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...Sept. 26, 1983, the 12-meter yacht Australia II crossed the finish line off Newport, R.I., capturing the America's Cup and ending 132 years of U.S. sailing supremacy. Americans were astonished when John Bertrand, an unknown naval engineer, steered his boat to victory. But those familiar with the Melbourne skipper were not surprised: Bertrand's great-grandfather had helped build Sir Thomas Lipton's towering boats for early 20th century America's Cup competitions. As Bertrand admits in Born to Win, he relied as much on gamesmanship as yachtsmanship. He called the boat's new forward-slanted keel...
...DIVAD cancellation will probably mean layoffs for many of the 1,900 workers at the Ford Aerospace plant in Newport Beach, Calif. Financial analysts expect the parent Ford Motor Co. to weather the loss of the contract. Meanwhile, the Army must search for a suitable replacement to take on the Sergeant York's intended air-defense duties. Said Weinberger: "A decision to cancel what is basically an ineffective system doesn't eliminate the need...
...doughnuts. But Bruce Katz, president of Rockport Co., a shoe manufacturer in Marlboro, Mass., thinks a little sun and wind surfing are a much better inducement. This summer he is spending a reported $15,000 a month to rent Plaisance, a 20-room chateau by the sea in Newport, R.I., that he has dubbed Camp Rockport. In groups of a dozen, each of his 220 employees takes a car pool to the mansion for two days of sports and shoptalk with the boss. Rockport, a thriving maker of walking shoes (estimated 1985 sales: $68 million), has been growing so fast...
...still sitting on your desk untouched, it'll be easier to ignore them now then it will be in a few weeks. So, if the summer school planners' idea of fun isn't yours (getting up at 7:30 A.M. Saturday to take a bus ride to crowded, touristy Newport) here are some suggestions of places to go, and things to do. Have...
...would bet money on an entrepreneur whose last company went bankrupt, who was tried and acquitted on charges of cocaine trafficking and who is being investigated for embezzlement? "An abundance of people," says Walt Bratten, chairman of Castle Group, a Newport Beach, Calif., investment firm. Bratten claims to be arranging financing for a new venture by John De Lorean, 60, the former General Motors executive whose first auto company collapsed in 1982. De Lorean has been working on the new project for about six months. He told the Los Angeles Herald Examiner that it was "inevitable that the company come...