The large robotic arm, which is connected to a laser cutting tool, can be manoeuvred around tight spaces in hazardous environments.

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While serving as his uncle's apprentice, Perdix was inspired by the ridges on the backbone of a fish, and invented the handy cutting tool.

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Among the current executives to whom Mr. Buffett has referred in emotional terms at least eight times, the one who scored the highest is Danny Goldman, chief financial officer of Iscar, Berkshire's Israeli-based cutting-tool division ("incredible, " wrote Mr. Buffett in his 2009 letter, for example).

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In early experiments, the researchers have used boiled eggs, with the Smart-Tool cutting through the egg white, but stopping when it reached the yolk.

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The Roadmap highlights the need for strong water stewardship, and based on this framework Ceres has developed a cutting-edge tool, the Ceres Aqua Gauge, to help companies and investors improve their scrutiny and management of water risks.

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From the monetary side, the Federal Reserve used its normal stimulus tool of cutting interest rates, and when even drastic cuts had no impact, it launched what it admitted was an untried experiment, so-called quantitative easing, in an effort to do its part in helping to lift the economy out of the worst recession in 80 years.

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To demonstrate the versatility of the knife as a tool, the group designed multistage courses featuring a dozen or more cutting challenges.

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Understand it, and you'll have discovered another powerful tool for attracting new customers, building loyalty among existing customers, cutting costs and increasing satisfaction.

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