Word: consortium
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Dates: during 1990-1999
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Narasaki, who is the executive director of the National Asian Pacific American Legal Consortium, emphasized the importance of maximizing the political influence of the Asian Pacific American community in order to protect Asian Americans from discriminatory policies...
Iridium is now a consortium whose major shareholders include Motorola (which kept a 20% stake), Lockheed Martin and Sprint, plus Germany's Veba AG and Russia's Krunichev State Research Production Space Center. The joint venture was supposed to go live on Sept. 23, but then software glitches led officials to disclose that they will delay until Nov. 1 what amounts to the final roll of the dice in its $5 billion gamble to revolutionize telecommunications--or become the best-publicized flop in history. The announcement nudged its stock price on the NASDAQ exchange down...
...really taking quite different strategies," says Tom Watts, a satellite analyst for Merrill Lynch. "Iridium is taking a global approach. Globalstar is focusing on a few key countries." The total cost to build and launch Globalstar's system? A mere $2.6 billion, half of Iridium's cost. The consortium's Qualcomm-manufactured handsets are slated to cost less than $750, only a quarter of the price of an Iridium...
...that someone else should have seen this coming and taken action. White House officials say they are furious at the U.S. Agency for International Development (U.S.A.I.D.) for not sounding the alarm sooner. But hunger is a constant threat in Sudan, and the main aid supplier, Operation Lifeline Sudan, a consortium of U.N. agencies and nongovernmental organizations, has been in business since 1989, when 250,000 died. Sudan suffered a killer famine as recently as 1994. Everyone involved knew the country would need food aid this year; they just didn't seem either to know how much or to move fast...
...world's $65 billion-a-year jetliner market, is wooing long-standing Boeing customers and has been bargaining hard for a $3.8 billion order from British Airways. Just last week US Airways, which previously ordered 400 Airbus jets, said it would buy 30 more from the European consortium...