Word: steel
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Dates: during 1980-1989
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...vessels was an Army pilot in an unarmed OH-6 Hughes helicopter, running quietly at 800 ft. above the water and peering at the boats through an infrared night-vision scope. He had no trouble identifying the small craft. The largest was a 150-ft.-long Corvette, a steel-hulled boat that could carry a crew of 140. There was a Swedish-built Boghammar boat, 42 ft. long, and two smaller 30-ft. vessels, dubbed Boston Whalers by U.S. seamen because of their similarity to the American fishing boats...
...power to irk or alarm this woman, currently an editor for the Wheeling News-Register. "No, because I know all that happened," she says simply. "We were not intellectuals," Van Horne cautions when quizzed about Wright's near total early obscurity. "We were a coal- mining and a steel-mill town. That's where the boys went: they went to the mills or into the mines. I just don't think there was the understanding" -- this with an amused grimace -- "of what had been spawned in our little town...
...called Interstate Stores, was wallowing in bankruptcy proceedings, and its stock was selling for as low as 12.5 cents. Today a share of the resurgent toy-store chain goes for more than $38, a 300- fold increase. Windfalls can also be made from convalescing companies like LTV, the giant steel firm that is still reorganizing under Chapter 11 protection but has made strides toward renewed profitability. This year the price of LTV bonds maturing in 2003 has nearly tripled, from 11% of face value...
...items that other industrial nations already sell on the open market. The movement will no doubt meet some resistance. North Carolina Republican Senator Jesse Helms is threatening to block the confirmation of C. William Verity, President Reagan's nominee to become Commerce Secretary, on the ground that the former steel- company executive lacks the commitment to bar exports to the East bloc. But the U.S. is likely to grant its industries at least somewhat more freedom to give them a better shot at winning the lucrative contracts that are now going to relatively unfettered foreign firms...
Colino found in Intelsat a loosely monitored, trusting organization. He apparently spotted an opportunity in the construction of Intelsat's ostentatious glass-and-steel headquarters building in northwest Washington. Only one-third of the 600,000-sq.-ft. edifice was being built when Colino took office in January 1984. That spring he suggested to Intelsat's 28-member board of governors that the last two phases of the building's construction be consolidated into one. Then, according to court papers, Colino connived with William P. Lipscomb Co., an Arlington, Va., construction firm, promising to award it the new contract...