Word: scrapped
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...Exchange Commission is looking into whether there was any insider trading, and six shareholder lawsuits stemming from the stock drop have been filed. The company botched forecasts for home-video sales of Shrek 2 not once but twice, blowing its credibility on Wall Street and prompting the company to scrap a planned $500 million stock sale. "Are they rookies? Do they have any controls?" asks analyst David Miller at Sanders Morris Harris, echoing concerns of many investors...
...half of what it needs to keep its trains and factories running and cities lit at night. As much as a third of that is believed to leak during transmission. Some power equipment is more than 60 years old. Theft of copper and aluminum transmission lines for sale as scrap in China is rampant, even though it's a capital offense. Says Han Young Jin, who worked as an electrical engineer in Pyongyang before defecting to Seoul in 2002: "The grid is a mess." Seoul estimates that building the extra generating capacity and lines needed would cost $1.7 billion...
That should have been enough to consign Tuttle to the scrap heap of history, though you suspect that even there he would have had fun with the scraps. But his fragile art, with its flickering pulse, has turned out to be durable. Three decades later, he's the subject of "The Art of Richard Tuttle," a retrospective at the San Francisco Museum of Modern Art (SFMOMA) that sends you home with your senses briskly reconditioned. After it closes in San Francisco on Oct. 16, the exhibition goes on the road for two years, heading first to the Whitney--talk about...
Students who hope to study abroad in Tel Aviv, Manila, or Abuja may get their wishes this fall, when a nine-person ad hoc committee considers whether the College should scrap its current study abroad policy, which bans travel to all 29 countries on the State Department’s “Travel Warning” list...
...development of missiles by another country. American officials also came to believe by late Sunday evening that the Soviet Union was not wholly sincere in its sweeping proposals; they began to seem more like a ploy to force the end of SDI. Indeed, the fact that Moscow would scrap the potential agreements that were reached because of the SDI dispute called into question their own commitment to real arms control. "As we came more and more down to the final stages," said a somber Shultz Sunday evening, "it became more and more clear that the Soviet Union's objective...