Word: crosstown
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Dates: during 1980-1989
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...dramatic breakup was the latest of several surprises that rocked the intensely competitive industry this spring. In April NEC, one of Japan's three supercomputer makers, announced a machine it claims is eight times faster than the speediest Cray. A week later Cray's crosstown rival Control Data declared that after five years and $238 million in losses, it was closing its supercomputer subsidiary, ETA Systems. That left Cray as the last U.S. company still racing the Japanese for pre-eminence in what both countries view as a technology critical to the future of science and industry...
...Knight, president of New Jersey's John von Neumann National Supercomputer Center. What dismayed Knight was the announcement last week by Control Data, based in Minneapolis, that it would halt its money-losing six-year foray into the growing world market for supercomputers. The decision leaves Cray Research, its crosstown rival and the industry leader, as the only U.S. supercomputer maker at a time when Japan's industry is moving vigorously into the field...
Fourteen years after Federal Judge Arthur Garrity ordered crosstown busing to desegregate Boston's public schools, the city is embarking on another overhaul of its troubled educational system. Last week local experts hired by Mayor Ray Flynn proposed a new approach, called controlled choice, that seeks to foster competition while maintaining the painfully achieved racial balance. Next fall schools through Grade 8 would be divided among three equally funded zones, with 14,000 students apiece. Within each zone, parents would be allowed to choose a particular school for their child, and pupils would be assigned to available spots...
...size of the bailout is the result of a failed gamble by federal regulators, who last year allowed RepublicBank to take over its crosstown rival, the struggling InterFirst, in the hope that the two institutions could shore each other up. But the combined company, First RepublicBank, lost nearly $2.3 billion in the first half of this year and showed no signs of recovery. Last week's huge commitment, coming on top of earlier Texas rescues, is likely to stir debate over the adequacy of the FDIC's $18 billion insurance fund...
...preare for the Huskies' Wishbone, the gridders frequently practiced without a ball the week leading up to the crosstown showdown...