Word: overheads
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...brass band on the stern of the U.S.S. Nevada kept on playing The Star- Spangled Banner for the 8 a.m. flag raising even after a Japanese bomber roared overhead and fired a torpedo at the nearby Arizona. The torpedo missed, but the bomber sprayed machine-gun fire at the Nevada's band and tore up its ensign...
...Commander Mitsuo Fuchida's bomber circling overhead, antiaircraft fire knocked a hole in the fuselage and damaged the steering gear, but Fuchida couldn't take his eyes off the fiery death throes of the Arizona. "A huge column of dark red smoke rose to 1,000 ft., and a stiff shock wave rocked the plane," he recalled years later, when he had become a Presbyterian missionary. "It was a hateful, mean-looking red flame, the kind that powder produces, and I knew at once that a big magazine had exploded. Terrible indeed...
Today the double whammy of a lingering U.S. recession and a maturing of high-tech industries has made life in Silicon Valley considerably less buoyant. Employment, profits and housing prices are down, traffic congestion is up, and the occasional layer of smog now looms overhead. "The vision we've had about this place has changed," says Stone. "Economically, we're a region at risk." In what is probably the ultimate indignity, some residents say the area is becoming like Los Angeles. "The Valley," notes Thomas Mandel, a futurist for the consulting firm SRI, "is going through a mid-life crisis...
...Department of Health and Human Services (HHS) found that Pennsylvania had violated federal grant regulations by spending monies tagged for research overhead on alumni activities, art maintenance and the Chaplain's account, according to a statement from the university...
...their recently-concluded probe of 14 schools, HHS auditors focused on the spending of federal funds that were targeted for overhead costs on research, or indirect costs...