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Ultimately, even the most ambitious overhaul will not be enough to keep some types of manufacturing in the U.S. When the semiconductor industry moved to a different type of fabrication standard, Agere Systems found itself with 6,000 employees in the Lehigh Valley and an obsolete plant. Over the past three years, the $2 billion company has shifted its manufacturing to Florida and Singapore and reduced its head count in the valley to 2,500. Although Agere has made a commitment to keep its design and testing operations in the area, recently bringing 600 of those jobs to Allentown...

Author: /time Magazine | Title: Made In The U.S.A.: What Can America Make? | 1/12/2004 | See Source »

...will re-open contract bids early this year. And so far 2004 doesn't seem terribly bright, either. A Paris magistrate is probing allegations that a consortium headed by Kellogg Brown & Root and French oil engineer Technip paid out $180 million in illegal commissions to build a natural-gas plant in Nigeria during the late 1990s, when Halliburton was headed by U.S. Vice-President Dick Cheney. Technip officials have already been questioned over the deal, with authorities now weighing whether Cheney is open to charges of misusing corporate assets. With President Bush up for re-election in November, Cheney must...

Author: /time Magazine | Title: Biz Watch | 1/4/2004 | See Source »

...child - alone, abandoned, unbelieved - pursued in the dark by a murderer? This atmospheric thriller, shot almost entirely at night, tautens the suspense like rough hands around a little boy?s neck. Driscoll was a Disney star (?Song of the South,? ?Treasure Island?) who somehow knew the way to plant fear and grit on a winsome face. He makes ?The Window? one of the most modest and satisfying Woolrich adaptations. Driscoll earned a special Oscar for his acting that year, but with puberty his value to Hollywood waned. He later said, ?I was carried on a velvet pillow and dumped into...

Author: /time Magazine | Title: That Old Feeling: Fear Noir | 12/16/2003 | See Source »

...Cadarache will be paying close attention to talks in Washington this week aimed at choosing the site for the International Thermonuclear Experimental Reactor (ITER), the world's biggest and most ambitious fusion-energy project. Wearing the E.U.'s colors, Cadarache is competing against a Japanese team to host a plant that will attempt to replicate the sun's own energy, fusing hydrogen into helium to exploit a limitless and clean source of power. But locals are not looking as far as the stars: the ITER would inject some €10 billion into the Provence-Alpes-Côte d'Azur...

Author: /time Magazine | Title: Bizwatch | 12/14/2003 | See Source »

...University committed $526 million to its 434 capital projects last year, 23 percent of which went to the acquisition of the Blackstone power plant and 91 acres of land in Allston...

Author: By Stephen M. Marks and Zachary M. Seward, CRIMSON STAFF WRITERSS | Title: Corporation Votes To Loosen Belt | 12/9/2003 | See Source »

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