Word: cancels
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...their earnings bonanza and stepped up production. They could not have foreseen that China, a big customer, would drop out of the market in the wake of Beijing's Tiananmen Square upheaval, when Western credits were cut off. Nor could they have predicted that the financially strapped Soviets would cancel orders and stop paying bills...
American Airlines is one of the strongest U.S. carriers, but lately it has been feeling under the weather. Last week the airline said it will have to cancel at least 230 flights, or 11% of its daily schedule, including all its Los Angeles -- to -- San Francisco flights. American attributed the reduction to a shortage of pilots, who the carrier says have been calling in sick at a high rate -- more than 500 on some days, twice the normal number. The airline accuses the pilots of staging an illegal sick-out to put pressure on American in negotiations that have been...
Least Protective Protectionism Actors Equity nearly saved one job for an Asian-American actor at the expense of 29 others. When the union balked at letting an English actor repeat his role as an Asian character for the Broadway run of Miss Saigon, the producer threatened to cancel. Equity saw the light, but is now fighting the producer's pick for female lead...
...away. The insurgents had also seized the nearby coast-guard building and three other installations. For Menem the timing could hardly have been worse. He knew that if he did not act fast, George Bush, who was in the midst of a South American goodwill tour, was likely to cancel his visit to Argentina -- to the deep embarrassment of Menem and his countrymen...
...crisis by blithely reimbursing the fees of greedy practitioners and expansionary hospitals. Then, as costs rise, the private insurers seek to shed the poorest and the sickest customers, who get priced out or summarily dropped. For some companies, a serious and costly illness is a good enough reason to cancel a policy. Others refuse to insure anybody who might be gay and hence, actuarially speaking, might get AIDS...