Word: bane
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Dates: during 1980-1989
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...seemed to be heading higher. The Government reported that July unemployment had tumbled to an annual rate of 9.5%, the lowest level in 13 months. That news, however welcome, is likely to mean a rising demand for credit as newly employed workers head for the stores. In another development, Bane-Texas Group, a Dallas-based holding company with 14 member banks, raised its prime rate to 11% from 10½%. Some experts believe that major banks have delayed similar moves for weeks to avoid jeopardizing a proposed $8.1 billion increase in U.S. assistance to the International Monetary Fund. The House...
Such feats are all in a week's work for the two Senators and eleven Congressmen from Massachusetts. The close-knit, mostly liberal delegation is the bane of President Reagan on Capitol Hill. After Reagan nominated Kenneth Adelman to direct the Arms Control and Disarmament Agency, Massachusetts Democratic Senator Paul Tsongas provocatively suggested that Adelman's defeat would be "the Senate's equivalent of a nuclear freeze." The freeze movement was spearheaded in the Senate by Massachusetts Democrat Edward Kennedy and in the House by Markey. And after Reagan denounced public service jobs as "make work" programs...
Those $99 ticket prices, a boon to travelers, are a bane to the airlines
There seems little danger, in the meantime, of a quick truce in the fare wars that have been such a boon to travelers and a bane to carriers. An estimated 80% of all passengers flew at discounts last year, at an average saving of 50%. Such bargains are likely to continue as long as the weakest airlines are tempted to cut prices to fill seats and competitors feel compelled to follow. Says Arthur Jackson, an American Airlines spokesman: "The leaders in discounts are airlines with severe cash problems. Discounting is a way of raising money in order...
COMPULSIVE GAMBLING is Bob's other chief bane, which similarly threatens to send him reeling unpredictably. He has a slot machine stashed in his closet. Behind his eyes always lurks the image of a gamble, regardless of whether it is a sure thing or a long shot. His firm sense of style and order gives him mastery and status, but it's the danger of the game--the inherent risk in even the smallest throw of the dice--that actually keeps him alive. Watching a horse race, or hunched over a craps table. Bob's eyes narrow in intense concentration...