Word: parcell
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Nine and a half hours after launch, Challenger sent off the first of two communications satellites. At $11 million a shot, this is clearly the moneymaking part of the flight. The electronic parcel was the second in the series that Canada has labeled Anik C (from the Inuit word for brother). Among other things, it will provide direct satellite-to-home television transmissions. Sent spinning out of the shuttle's big cargo bay, the satellite automatically fired its booster 45 minutes later and began the long 140-hour climb to a permanent "geostationary" parking place 22,300 miles above...
DIED. James E. Casey, 95, a founder and former chief executive officer of United Parcel Service, which he and a friend started in 1907 in Seattle with $100, six messengers and two bicycles, and which he built into a nationwide network whose 117,000 employees last year delivered 1.6 billion packages to more than 35,000 communities, earning the company more than $300 million; in Seattle. Casey was a believer in giving executives at every level a say, and a stake, in running the company. As a result of his profit-sharing plan, among the first in American business, U.P.S...
...manager for Hines, added that the decision to stress community involvement in the development negotiations also helped speed up the process. By including what Gifford called "extensive dialogue and meetings and review," Vickery said, plans for the University Place were completed within one year. By contrast, negotiations over the Parcel 1b property just blocks away, Vickery added, took almost five years...
Construction of the $75-million Charles Square project-formerly known as Parcel lb and situated on a four-acre site behind the Kennedy School-is scheduled to begin in May, Richard L. Friedman, president of Carpenter and Co. the developers, said last week...
Controversy, surrounding the land began in 1963, when then-president John F. Kennedy '40 chose Parcel lb as the site for his memorial library. But neighborhood groups opposed the library, concerned about increased traffic from tourists, and the Kennedy family decided to relocate the memorial on Columbia Point in Boston...