Word: startup
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...last May. Lockheed failed then to meet Canada's requirement that it come up with $375 million to finance initial tooling costs in Canada. Now, with a Saudi order for three TriStar jets also in hand, Lockheed has managed to borrow the $50 million needed to cover reduced startup costs. The Canadian government accepted a later delivery schedule (the first plane will arrive in May 1980) and less instrumentation on board the aircraft, which in Canada will be called the Aurora. Lockheed also agreed to place with Canadian firms $414.6 million in subcontracting work (not all of it connected...
...seat, 6-D on starboard, was comfortable without being luxurious, about equal to a DC-9 in coach. Engine startup seemed quiet,* although I was some distance forward in cabin...
...that growing the dark, peanut-sized beans could provide an economic boost for the impoverished Indian reservations in the Southwest. The hardy, long-lived (up to 200 years) shrubs could readily be cultivated in desert land that has until now been almost totally unproductive. The panel conceded that the startup costs for a jojoba plantation would be high, but after the plants reach maturity in five years, they would begin to pay off handsomely, even as they were contributing to the salvation of the great sperm whale...
SPORTS ILLUSTRATED lost money for years before breaking into the black. Time Inc. is a rich corporation and can afford to back the startup of a national mass circulation magazine for years. People is not and will not become a journalistic success. It is just a National Star for people who will not be caught alive reading that tabloid. Hopefully, People will not become a financial success, either, and Time Inc. will lose money on it for even longer than the company lost money on Sports Illustrated--a magazine so much better than People that it is worth reading...
...have flocked to the plan, both for its inherent educational advantages and for its solutions to problems of space and cost. Today, more than 300 institutions have begun cooperative education. An estimated 300 more are considering the step-spurred on by a White House recommendation that $10.8 million in startup grants be voted by Congress. Last month some 250 businessmen and educators met near Boston for a crash course on the benefits of the co-op system. Willard Wirtz, former Secretary of Labor and now president of the Manpower Institute, summed up the theory this way: "The learning and work...