Word: buys
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Dates: during 1980-1989
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...boosted efficiency by dismantling 45 years' worth of interstate hauling rules, including some oddball anomalies like provisions that allowed agricultural haulers to transport milk but not yogurt or ice cream. All told, trucking deregulation since 1980 has saved consumers $72 billion in lower prices on the goods they buy, according to Citizens for a Sound Economy, a conservative, Washington-based research group...
...many years they have been battling each other in a business that was going rapidly downhill. Last week the archcompetitors of the open road decided that joining forces might be the best way to survive. Greyhound Lines, the nation's biggest bus company, announced that it would buy rival Trailways for $80 million. If the merger is completed, the U.S. will be down to its last national bus line...
...other hand, preferred a parliamentary rather than a presidential form of government. Looking ahead to the possibility that they could become a minority in the next election, party leaders decided a parliamentary system could still allow its leaders to retain control of Parliament. One method: the government party can buy off minor parties to get enough votes to counter a split opposition. One segment of the opposition was amenable to the parliamentary idea, but negotiations dragged on for months without reaching a compromise, and both sides can be blamed for obstinacy. But Chun angered the opposition when, on April...
...fares: "An airline ticket is the most perishable commodity in the world. Once the plane takes off, that empty seat becomes dead loss" to the carrier. For that reason, many airlines sell surplus tickets at as little as half price to middlemen known as "consolidators," who typically agree to buy blocks of seats during the slow winter months -- when seats on certain routes go begging -- in exchange for a supply of cheap tickets in the busy tourist season. The consolidator adds a commission of perhaps 10%, then resells the tickets to travel agencies in the U.S. and other countries...
...recent events that led to Ferris' downfall began last April, when the United pilots proposed a $4.5 billion employee buy-out of the airline. The plan called for employees to raise $2.3 billion and assume $2.2 billion of United's debt. The pilots, who earn an average of $85,000, volunteered to give up as much as 25% of their pay and pitch in some $300 million from their pension funds to help make the purchase. Flight attendants and pilots began sporting buttons that read BE UNITED/BUY UNITED. Company management scorned the offer as "grossly inadequate," but Wall Street...