Word: station
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Dates: during 1980-1989
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...great adventure that could capture the public's imagination. "Settling Mars should be our eventual goal," she writes, "but it should not be our next goal." A commitment to Mars, she warns, could imperil NASA's plans to put a shuttle fleet back in operation and build a space station. It would also require a tripling of the agency's budget during the mid-1990s -- an unrealistic prospect...
Other critics complain that NASA has become obsessed with long-term planning. "I think getting the shuttle flying and getting a space station program under way are goals enough for now," says John Logsdon, director of George Washington University's science and public policy program. "We should get on with the program," says James French, who left his job as project director at the Jet Propulsion Laboratory for a position in industry. "I got out because there were too many reports and not enough flying...
...Eastern foremen have a good reason to defer maintenance: they can earn bonuses for getting planes out of the hangar fast. Under an Eastern incentive program started in January, the airline's employees set performance goals for themselves, subject to management approval. In the case of the Boston maintenance station, the goal is to make sure that less than 4% of all flights miss their scheduled departure times because of delays resulting from repairs, preflight loading, cleaning or the like. King says one supervisor earned an extra $800 through the incentive program in the first three months of the year...
...potential financial disaster for RKO's parent company, Akron-based GenCorp (formerly General Tire and Rubber). Unless the ruling is overturned on appeal, the value of RKO assets -- now estimated to be worth $750 million or more -- could plummet by 90%. Reason: most of the value of a broadcasting station resides in its license. Nonetheless, GenCorp may be able to salvage some of its RKO investment. The company has agreed to sell its highly regarded KHJ-TV to the Walt Disney Co. for $217 million and three radio stations to other buyers...
...when investors challenged KHJ-TV's license, claiming that RKO was not broadcasting in the public interest. Later, detectives hired by rivals discovered that General Tire was maintaining slush funds for such uses as improper overseas payments and questionable campaign contributions. RKO lost its license for Boston TV station WNAC in 1980. Among the misdeeds cited by the FCC judge last week: the chain allegedly filed false and misleading financial statements between 1971 and 1975 and overcharged its advertisers on 55% of its ad invoices during a 17-month period...