Word: steeled
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...forced to lay off 25% of its staff. Complicating matters, Hyundai agreed in 1998 to acquire South Korean rival Kia Motors, which had to be assimilated. Chung had little experience with the automotive industry. He had spent most of his career managing a smorgasbord of affiliates, including a steel company, a pipemaker, a shipping-container manufacturer and Hyundai Motor's service business. When Chung broadcast his intention to turn Hyundai into a Top 5 automaker, few took him seriously. Hyundai, like many family-controlled Korean companies, was ultra-hierarchical and slow to change. Division chiefs ran their operations as personal...
...hosts private and corporate events, and includes a 120-seat restaurant, two classrooms and two private dining rooms. The tree-house designs of Bremen, Germany-based Baumraum architect Andreas Wenning are more modest in scale, but lean toward the avant garde (www.baumraum.de). A triangular construction, for example, suspended on steel ropes more than 8 m above ground between two beeches, is designed to resemble a ship. The one-room, 7-sq-m dwelling, on the grounds of a livery stable near Bremen, serves as the owner's weekend retreat. It boasts a glass-topped lookout, terrace and hatch-door entry...
...industry giant lionized for his steel will and feared for his short fuse, Greenberg landed at Omaha Beach on D-day and was awarded a Bronze Star in the Korean War. Many say he is an enigma, that nobody really knows him. But perhaps he is not all that complicated. Everything he's done at AIG--hobnobbing with the elite, constant globe trotting, charitable giving, his 24/7 schedule--was aimed at one thing: making the company a more formidable global competitor. This is a man who knew how to play hardball to get what he wanted. A lawyer before...
...case, the NRC does not require plant operators to defend against air attacks. A California antinuclear group, the Committee to Bridge the Gap, recently asked the NRC to order that shields of I-beams and steel cables be built around nuclear plants to stop airplanes from crashing into them. Antiaircraft batteries and the troops to operate them would also help but could pose hazards to innocent aircraft drifting off course. NRC officials say the likelihood of installing missiles or shields is virtually nil. The agency believes the place to thwart an aerial-attack plot is at the airport...
...Benjamin, a vice president of Exelon Corp., which operates the plant on the bank of the Susquehanna River. "We have a number of sensors, cameras and lighting," he told a visiting TIME correspondent, declining to elaborate for security reasons. The reactor itself is deep inside walls of concrete and steel. Says Benjamin: "All of the design and construction we do to keep bad stuff in is also pretty darn good at keeping bad stuff...