Trans World Entertainment

Trans World Entertainment Corporation is a chain of entertainment media retail stores in the United States. It currently operates just over 300 freestanding and shopping mall-based stores under several brand names, down from about 540 in August 2010.

Based out of Albany, New York, Trans World was founded in 1972 by Robert Higgins. It opened its first store, called Record Town (formerly Record Land), in 1973. The company went public in July 1986 and has expanded through acquisitions of a number of smaller or failing companies including Strawberries, Camelot Music, and Wherehouse Entertainment.

On September 23, 2000, Trans World signed a definitive agreement to acquire the assets of WaxWorks, and the deal was expected to close by the end of October.

In February 2006, Trans World acquired the Musicland Group, which owned Sam Goody, Suncoast Motion Picture Company, and former online store Media Play. This also included a handful of On Cue stores.

On Thursday, March 1, 2012, Trans World reported its first fiscal year net income since 2006. Trans World swung to a $2.2 million profit in fiscal year 2011, compared to a net loss of $31 million in fiscal year 2010. The turnaround at Albany, New York-based Trans World came about from cost-cutting, as the company continued to close unprofitable locations, and higher gross margins on the products it sells.

TWA Flight 800

Trans World Airlines Flight 800 (TWA 800), was a Boeing 747-100 which exploded and crashed into the Atlantic Ocean near East Moriches, New York, on July 17, 1996, at about 8:31 p.m. EDT, 12 minutes after takeoff from John F. Kennedy International Airport on a scheduled international passenger flight to Rome, with a stopover in Paris. All 230 people on board were killed in the third-deadliest aviation accident in U.S. territory.

Accident investigators from the National Transportation Safety Board (NTSB) traveled to the scene, arriving the following morning, and there was much initial speculation that a terrorist attack was the cause of the crash. Consequently, the Federal Bureau of Investigation (FBI) initiated a parallel criminal investigation. Sixteen months later, the FBI announced that no evidence had been found of a criminal act and closed its active investigation.

The four-year NTSB investigation concluded with the approval of the Aircraft Accident Report on August 23, 2000, ending the most extensive, complex, and costly air disaster investigation in U.S. history. The report's conclusion was that the probable cause of the accident was an explosion of flammable fuel/air vapors in a fuel tank, and, although it could not be determined with certainty, the most likely cause of the explosion was a short circuit. As a result of the investigation, new requirements were developed for aircraft to prevent future fuel tank explosions.

Transworld

Trans World or Transworld may refer to:

Companies

Trans World (video game)

Trans World is a business simulation computer game for the Commodore 64 published by Starbyte Software in 1990.

Summary

The player takes control of a new trucking company and competes against up to either three other human or computer players to make the most money. The game has two modes to choose from, a continuous play mode that plays indefinitely or a timed mode that runs a select number of turns. Players control all aspects of the company from purchasing new trucks to hiring mechanics to building new offices. Each round of the game controls one day of game time with each player taking a turn. Periodically, a random event will happen which can either help or hinder the player's company. Some events are offers to have goods delivered while others are sick days that skip the player's turn. The game ends when a player chooses to end it or when the selected number of rounds have been completed. The winner is the player with the most money at the game's end.

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