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Abandoned ships wreak havoc on the marine ecosystem long after they've sunk. Decaying wreckages leach toxic chemicals like petroleum products and PCBs that remain in the water harming or destroying sea life and potentially enter the food chain, eventually getting ingested by humans. Sometimes dead watercraft foster the growth of new sea life that threatens the pre-existing local ecosystem. On Palmyra Atoll, 1,000 miles south of Hawaii, a population explosion of corallimorph, an aggressive creature similar to anemones and coral, killed almost all the coral growing around a long-line fishing vessel that sank in 1991, according...

Author: /time Magazine | Title: America's Underwater Junkyard | 9/30/2008 | See Source »

...down its operations to become nimbler and more focused on its core businesses, making trains and planes. "Rigor and consolidation are the order of the day," Tellier said recently, as he announced plans to raise $1 billion by selling Bombardier's recreational-products division, which makes popular Sea-Doo watercraft and Ski-Doo snowmobiles. "We have taken the measures to ensure we will be ready when the business-jet market picks up." But as Merrill Lynch analyst Ronald Epstein points out, Embraer doesn't depend on business-jet sales, and it has invested heavily in regional...

Author: /time Magazine | Title: Dogfight | 5/18/2003 | See Source »

...down its operations to become nimbler and more focused on its core businesses, making trains and planes. "Rigor and consolidation are the order of the day," Tellier said recently, as he announced plans to raise $1 billion by selling Bombardier's recreational-products division, which makes popular Sea-Doo watercraft and Ski-Doo snowmobiles. "We have taken the measures to ensure we will be ready when the business-jet market picks up." But as Merrill Lynch analyst Ronald Epstein points out, Embraer doesn't depend on business-jet sales, and it has invested heavily in regional...

Author: /time Magazine | Title: Aerospace: Dogfight | 4/21/2003 | See Source »

...down its operations to become nimbler and more focused on its core businesses, making trains and planes. "Rigor and consolidation are the order of the day," Tellier said recently, as he announced plans to raise $1 billion by selling Bombardier's recreational-products division, which makes popular Sea-Doo watercraft and Ski-Doo snowmobiles. "We have taken the measures to ensure we will be ready when the business-jet market picks up." But as Merrill Lynch analyst Ronald Epstein points out, Embraer doesn't depend on business-jet sales, and it has invested heavily in regional...

Author: /time Magazine | Title: Dogfight | 4/20/2003 | See Source »

...fair, the Administration has upheld the vast majority of restrictions on public lands; earlier this month it did not kill a Clinton-era regulation governing the use of personal watercraft, like Jet Skis, in national parks, although to the consternation of some environmentalists it will review the issue, raising the specter of the craft's returning to the parks. But in general, the Interior Department has been much more inclined to allow the use of public lands by corporations and sportsmen. The Administration plans to allow off-road vehicles back on 50,000 acres of the Imperial Sand Dunes, near...

Author: /time Magazine | Title: How Green Is The White House? | 4/29/2002 | See Source »

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