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It’s a factory, this dilapidated boathouse near Cincinnati, Ohio. A factory that has produced one of the finest high school rowing clubs in the United States from the ground up. A factory that annually brings in a rag-tag, gangly group of teenagers and turns them into national champions...
...Korean company is following much the same formula that Toyota used decades ago to overcome its "cheap Asian import" stigma and become one of the world's most respected brands. When Hyundai first entered the U.S. market in 1986, its Excel sedan?an econobox with a $4,995 price tag?was an instant hit with frugal buyers. But customers soon discovered they were getting what they paid for: Excels were prone to quality-control problems and frequently needed parts replaced. Sales tanked, and Hyundai became a laughingstock. In 1998, Late Show TV host David Letterman listed his "Top 10 Hilarious...
Chrysler's top negotiator, Thomas Miner, pronounced the company "pleased" at the settlement. The strike, which began Oct. 16, had been costing the company an estimated $17 million a day. While the price tag on the new contract will be a daunting $1 billion over the next three years, the company was in no position this time to play tough with its workers. Morale has suffered because blue-collar employees felt they were missing their share of the company's bounty. The firm last year had profits of $2.4 billion, and is expected this week to announce hefty third-quarter...
...ranks along with the Grand Coulee and Hoover dams as one of the century's costliest and most complex public works projects. It carries a price tag of $1.3 billion and has been a building for twelve years--so far. It will not be fully operational until the early 1990s, probably at the cost of another $2.3 billion. But when Interior Secretary Donald Hodel and Arizona Governor Bruce Babbitt switched on the huge pump of the Hassayampa water plant last Friday, dedicating the mammoth Central Arizona Project, they signaled the opening of a new and possibly contentious era throughout much...
There are more practical reasons for a joint mission. Neither nation alone can easily afford the estimated $40 billion price tag. And even that figure is conservative; it assumes the existence of the $10 billion orbiting U.S. space station, now scheduled for completion around 1992, which will be used as a platform to assemble and launch the Mars-bound rocket...