Word: broads
(lookup in dictionary)
(lookup stats)
Dates: during 1980-1989
Sort By: most recent first
(reverse)
...economic system will remain socialist, Hu urged greater reliance on foreign technology and market mechanisms. One capitalistic idea known as the "responsibility system" already allows peasants to increase their pay by doing extra work, and allows farmers to keep or sell production in excess of assigned quotas. Citing broad popular support for the scheme, Hu called for its continuation...
...some delegates, all the talk about economic modernization had an ominous sound, since Hu and Deng are believed to be preparing a broad shake-up of the party leadership throughout China in the name of modernization. As one party stalwart explained, "About 10% of the membership is no longer up to the grade." That could spell trouble for some 3.9 million party functionaries and officials who, in Deng's view, have failed to support his ambitious dream of a stable and modern China...
Exasperation with high crime and chaotic justice does not always produce hasty, broad-brush legislation. Determinate or presumptive sentencing, now the law in eleven states, is a more thoughtful kind of overhaul, a necessary reform of an old reform gone awry. Beginning around 1900, indeterminate sentences?"two to five" or "ten to 20"?became common. As soon as a prisoner could convince a parole board that he had learned his lesson, he could go. Manhattan District Attorney Robert M. Morgenthau says that "prisoners tend to go into rehabilitation programs for the purpose of convincing the parole board that they...
Rolland and his top managers have been buying a broad range of stocks that they expect will profit from dwindling interest rates. First they purchased utility issues, such as Arizona Public Service, Tucson Electric Power and Northern States Power. The borrowing costs of those companies will be declining, and that will help profits. Next they moved to housing-related stocks that would benefit if the lower interest rates encourage a pickup in homebuilding. Their favorites: Weyerhaeuser and Georgia-Pacific. Anticipating that consumer spending would increase, Rolland bought Sears, Roebuck and Co., MCA, Procter & Gamble and two drug companies, Syntex...
...past year continued last week when another major merger bid was announced and yet another accepted after weeks of careful negotiation. The Bendix Corp., a widely diversified auto components and industrial manufacturing corporation, announced that it will seek to acquire the Martin Marietta Corp., which has holdings in a broad range of fields from chemicals to aerospace, for about $1.5 billion in cash and stock. Meanwhile, Cities Service Co. reluctantly agreed to accept a takeover offer from Occidental Petroleum Corp. If that approximately $4 billion transaction is completed, the Occidental-Cities Service company would form the eighth largest oil firm...