Word: productive
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Dates: during 1980-1989
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...division. The buyer: Prab Robots, a small Michigan-based manufacturer of industrial robots and conveyor machines. Westinghouse's 1983 purchase of Unimation for $107 million marked Big Business's arrival in robotics; IBM, Bendix and General Electric soon followed. Unimation, founded in 1959, was a robotics pioneer. Its first product was an $18,000 Unimate machine used by General Motors to load forged dies at a New Jersey auto-assembly plant. As recently as 1981, Unimation made 45% of all robots sold in the U.S. Another setback for robotics will take place next month, when GE plans to fold...
...Americans played a key role in drafting charters for the defeated nations of Japan and West Germany. The Japanese charter declares that the country will never again make war or maintain an army, navy or air force. As a result, Japan spends only about 1% of its gross national product on defense, freeing the economy for more productive purposes. Ironically, the U.S. is pressing the Japanese to boost defense outlays...
...honest, and allows plenty of margin for genuine error -- even when the error is damaging, intrusive and unconfessed. "Libel law gives an enormous protection to the media, which, when it's explained to people, they don't much like," says Washington Attorney Bruce Sanford. "The public loves the ((media)) product but hates the process...
Does America need 1,600 different varieties of frozen desserts? The answer to that weighty question is a resounding yes. Responding to an apparently insatiable consumer appetite for exotic frozen concoctions, U.S. food companies are producing a dazzling array of new products, from fruit bars and candy-coated ice cream to soft-frozen yogurt and brownie bars. In the process, the size and diversity of the $1.6 billion frozen-novelty market have grown spectacularly. That category includes all frozen desserts sold in individual portions, which have nearly doubled their sales in the past five years. The industry's burgeoning roster...
...their artistic aspirations, rock videos are intended mainly as promotional tools; by that measure, a low-budget clip of the band in concert may do the job just as well as a more elaborate "concept" video. Says Video Director Wayne Isham: "What's good these days is what sells product...