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...maglev can attain speeds unheard of in ordinary land travel -- the fastest conventional train, France's TGV (train a grande vitesse), hits only 186 m.p.h. One maglev is already running: a short, slow-moving (25 m.p.h.) line in Britain that shuttles people from Birmingham's airport to the railway station. But much faster prototypes are being tested, and ambitious projects could get under way next year, including a 230-mile link between the Los Angeles area and the gambling mecca of Las Vegas...

Author: /time Magazine | Title: Technology: Floating Trains: What a Way to Go! | 8/22/1988 | See Source »

...teams, seldom arrange trades or put together rosters. Yet they are held responsible if the team fares badly. They usually have no background in the sport and are employed directly by the large corporations that finance the teams. Furuya, who had worked since 1955 for the Hanshin Electric Railway Co., the Tigers' owner, oversaw operations at Koshien Stadium before being appointed managing director. Furuya was "too earnest, sincere and had too strong a sense of responsibility," observed noted Sports Commentator Shinya Sasaki. "His title was managing director, but he was just another middle-class manager forced to shoulder heavy responsibility...

Author: /time Magazine | Title: Japan Death of a Manager | 8/8/1988 | See Source »

...fact, the U.S. has already given up more than 60% of the Canal Area, as the former Canal Zone is called, since 1979. Panama now operates the railway that serves the facility, nearly all the canal watershed, and the ports of Balboa and Cristobal. U.S. officials in Panama give local workers high marks for their ability to handle complex engineering and piloting tasks. But under Noriega many high-level operational posts have been filled by inept cronies. The result has been mismanagement of the railway and poor road maintenance. Panama has imposed a dubious "lights and buoy" fee on ships...

Author: /time Magazine | Title: What About the Canal? | 3/21/1988 | See Source »

Calgary is no one-cuisine culinary backwater, as some smaller Winter Olympics-host towns have been. There is a large and prosperous Chinese community with roots dating back to 1883, when the tracks of the Canadian Pacific Railway were laid. In recent years the scores of Chinese restaurants have been supplemented by a handful of Japanese, Korean and Vietnamese establishments, and there are also French, Italian and Greek entries. A first- rate seafood restaurant, Cannery Row, has fresh fish flown in from Vancouver. Still, a steakhouse is Calgary's idea of a real night out. At Hy's the menu...

Author: /time Magazine | Title: Olympic Preview: Calgary Stirs Up A Warm Welcome | 2/15/1988 | See Source »

...eight years before Belgium became an independent country. As the country's first central bank, La Generale printed its own paper currency until 1850. By the early 1900s, it was financing copper mining in the Belgian Congo (now Zaire) and the building of China's Peking- Hankow railway. With its headquarters in a stately turn-of-the-century building situated between the royal palace and the Belgian Parliament, La Generale today employs nearly 100,000 workers and holds interests in 1,261 firms, including the country's biggest banking, insurance, mining, trading and chemical concerns. Yet the company has grown...

Author: /time Magazine | Title: I Came, I Saw, I Gained Control | 2/1/1988 | See Source »

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