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Then, Hughes made the unprecedented move of speaking with the press. He refused to be photographed, so he was interviewed via a microphone, through which he denied ever having met Clifford Irving. Was this really Howard Hughes on the microphone? Or had Irving learned too much about forgery from his former subject...
...Middle East. Other experts said this information would permit the Soviets to figure out what U.S. military units would be involved. The indictment also accuses Whitworth of giving John Walker details of the Autodin system, which is used by all of the U.S. Armed Forces to transmit computerized information via satellites. In addition, he allegedly passed along documents explaining an adjunct to Autodin called the Remote Information Exchange System, which enables the Navy to send data to its vessels at sea. The new charges include five counts of failing to report at least $332,000 in income from John Walker...
...comfortable blasting away on his saxophone at raucous company parties as he is gabbing with clients and hackers late at night via his personal computer. Whether he is conducting business meetings in the back room of his favorite Chinese restaurant or totting up profits of his best-selling computer programs, Philippe Kahn, 33, the unconventional founder and president of Borland International, relishes his self-styled role as the "Crazy Frenchman" of the software business. And while other executives bemoan their industry's slowdown, Kahn, whose sales have zoomed from zero in 1983 to an estimated $30 million this year, simply...
...ships kept waiting off Dalrymple Bay in Queensland to load coking coal for China symbolize the problems. In this year's iron ore negotiations, Chinese buyers settled for a 71.5% price increase (BHP Billiton, fresh from securing a 25-year supply contract, had sought to double its price via a rise in the freight rate it charges mills). Chinese officials say supply bottlenecks are to blame for the price hikes. Ambassador Fu has raised the issue with Australian officials. "There is strong investment in the minerals field, but not enough to meet demand," she says. "The price is rising faster...
...poor is challenging. Just stripping an existing product of features or packaging it in smaller quantities may not be enough to gain customers in this high-volume, low-margin enterprise. "It's not as simple as finding a low price point," says Richard Brown, marketing vice president for VIA Technologies. Company executives need to understand not only what poor consumers can afford but also what they want and can use. Motorola's Burnes says the company went through four redesigns to develop a low-cost cell phone with battery life as long as 500 hours (for villagers without regular electricity...