Word: boon
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...shirt boom has been an unexpected boon to Mumford High, a virtually all- black public school in an upper-middle-class neighborhood of Detroit. The % garment was picked for the film by Jerry Bruckheimer, a Beverly Hills Cop producer and 1961 graduate of the school. Mumford plans to use profits from the shirt sales to buy new books, computers and athletic equipment. It will also share its good fortune with other schools in Detroit. Says Queen Loundmon, the activities director at Mumford High: "This has created a whole new kind of pride...
...budget deficit helped keep U.S. interest rates high in 1984, which attracted about $100 billion in foreign capital to American investments. While the money from abroad helped finance the federal deficit, it also boosted the value of the dollar to new peaks. The dollar's strength was a boon to American tourists, who traveled overseas in record numbers, but it was a burden to U.S. companies that tried to compete with cheap imports or sell their products abroad. Primarily because of the robust dollar, the U.S. racked up a record trade deficit of more than $115 billion. If that trade...
...breakup of NTT's monopoly could prove a boon to Japanese telephone users. The 32-year-old NTT has been slow to innovate, sometimes leaving customers with costly service. The price for a call between Tokyo and Osaka, which is currently 40? for 45 seconds, could soon be slashed in half...
Healthy truck sales are a boon to automakers. Trucks are cheaper to build than cars, and hence more profitable, because they contain fewer parts and are restyled less frequently. Detroit's rule of thumb is that trucks provide one-quarter of the industry's total volume but one-third of its profits. At AMC, sales of the Jeep Cherokee and Wagoneer models are the principal reason that the company is expected to report a profit this year for the first time since...
...left the University of Pennsylvania in 1973 to found the Institute of Nautical Archaeology at Texas A & M University, is a kind of underwater Indiana Jones, a wet-suit archaeologist who searches out clues to the past on the ocean bottom. The uncovering of the wreck may prove a boon to the nascent but growing field of nautical archaeology, of which Bass is a founding father. Since 1960, Bass has not only adapted the traditional archaeological surveying techniques to the seabed but also contributed to key technological advances, like an underwater "telephone booth" to help divers communicate...