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Although both sides hope to avert a long strike, the walkout is still sure to hurt. Wall Street analysts estimate that the firm could lose more than $60 million in after-tax profits for every week workers are out. The company hardly plays down the threat. Says Thomas Miner, Chrysler's vice president for industrial relations: "This whole company is paralyzed, and we'll start to bleed to death." U.S. negotiations recessed for the weekend, although talks continued in Canada. The Chrysler strike comes just as the U.S. auto industry is completing a banner year, projecting sales of 15.5 million...

Author: /time Magazine | Title: It's a Jungle Out There | 10/28/1985 | See Source »

...about to take place in South Africa, and when it does, it will destroy everything in its wake. So whether there is an explosion or whether there are sanctions, we are involved. As a matter of both principle and self-interest, we want to do everything possible to avert that explosion. Final arrangements can only be determined by the South Africans themselves. But we might give a hint: It's always dangerous giving too little too late. I told Mr. Botha in my (Botswana) border meeting with him in 1982, "You and the moderate whites in commerce, the moderate blacks...

Author: /time Magazine | Title: Waiting for an Explosion | 9/16/1985 | See Source »

...what about TV-38, the local station that carries Red Sox games. They were faced with the prospect of presenting a half a summer of The Movie Loft, featuring every lousy Bob Hope movie ever made. Thank God that the players and owners had the good sense to avert such a situation...

Author: By John Rosenthal, | Title: Happy Days Are Here Again | 8/9/1985 | See Source »

...really think that's [Harvard's] of trying to avert a union," said a four-year Harvard secretary who asked not to be identified...

Author: By Charles C. Matthews, | Title: Harvard's Non-Union Workers Win $1 Million Dental Care Package | 6/6/1985 | See Source »

...most annoying question a journalist faces is, Why don't you print more good news? This question assumes that reporters get a kick out of reporting the bad, have some political motive for doing so or know that sensationalism sells papers. Journalism answers testily: Do you want to avert your eyes from reality and live in a dream world? We have to report the good...

Author: /time Magazine | Title: Press: Newswatch It's News, But Is It Reality? | 5/27/1985 | See Source »

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