Word: bankrupting
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...battle to save Grand Central began when New York City named the terminal a landmark in 1967. This meant that its owner, the nearly bankrupt Penn Central Transportation Co., could not make any changes on the building's exterior without permission from the city's landmarks-preservation commission. Five months later Penn Central leased the airspace above the terminal to a British corporation that wanted to erect an office building on the site. Penn Central submitted to the landmarks commission two plans by Marcel Breuer. One envisioned a 55-story concrete skyscraper floating incongruously above the terminal...
...from spanking new facilities in lowpaying, less developed nations such as Brazil and South Korea. Small-and medium-size general merchandise producers of toys, hardware and household goods are losing markets to rivals in Taiwan and Hong Kong. Profits are meager for many companies, and 18,000 firms went bankrupt last year...
...Brussels. The purpose of both meetings: to devise an economic rescue plan for Zaïre. For a start, the group will raise $100 million to cover the next three months, with $40 million of this amount contributed by the U.S. That may be just the beginning. Bankrupt Zaïre's debts already approach $3 billion, and its chief sources of foreign revenue, the copper and cobalt mines of Shaba, may be shut off for several months as a result of the recent fighting...
...meeting of five Western powers in Paris early this week, the French government will offer its plan for a pan-African force. Following that, there will be a previously scheduled meeting in Brussels at which the Western nations will try to find ways to revive Zaïre's bankrupt economy. The French have explained to their allies that they are anxious to withdraw the legionnaires because they think the problem should be solved by African and Western countries working together. In fact, they are also a little nervous about being caught in Zaïre in the event of another rebel...
Ever since the House passed its version of the bill last October, various business groups have organized an intense campaign against it in the Senate. Opponents of the bill argue vehemently that it would be hugely inflationary and would bankrupt many small non-union firms...