Word: chipping
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Dates: during 1990-1999
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...levy has been labeled the Robin Hood tax by one economist because it helps transfer money from the rich to the poor. Not everyone sees it that way, however. A rare chorus of blue-chip retailers and blue-collar workers denounces it as a disaster tax. At issue is the six-month-old "luxury tax" that Congress adopted last year as part of a comprehensive deficit-reduction plan. The new 10% excise tax was tacked onto such goods as pleasure boats, private airplanes, jewelry and fur. While the tax bite is not particularly severe -- a minuscule $25 million is expected...
...going to be an easy sell. In theory, the more powerful computer chip at the heart of Super NES can generate games with richer colors, clearer sound, faster action and more sophisticated play. A 16-bit chip, for example, can create 32,768 colors, compared with 52 for an 8-bit chip. But it's going to be hard to see those improvements on the fuzzy family TVs most Nintendo sets are plugged into. And because the original Nintendo -- and a portable successor called Game Boy -- uses different chips, the old games won't work in the new machine, rendering...
Sophomore second-seed Marty Clark put on a clinic for Yale's Chip Goodale, knocking...
Founded in 1982, Businessland became corporate America's one-stop shop for ! personal computer systems, mainly from blue-chip makers like IBM and Apple. But as Businessland's fortunes rose, so did those of mail-order boutiques and aggressive superstores offering deep discounts. Meanwhile, Businessland stumbled by launching price wars while ignoring rising inventory and changes in customer needs. The company's key lender, ITT Commercial Credit, has announced that it will jump ship by the end of June. Now Businessland must persuade remaining lenders to extend its loan payments. Observes computer industry analyst Douglas Kass: "The coffin is lying...
...course, Iraq cannot begin to chip away at its reparations bill until it starts earning income again. Baghdad has asked the U.N. Sanctions Committee, which includes representatives of each of the 15 Security Council members, to unfreeze $1 billion in Iraqi assets overseas and to permit the export of $1 billion worth of Iraqi oil. The government says it must have the money to purchase food and other essentials. But the U.S. and Britain remain skeptical, $ insisting that Iraq more clearly demonstrate its needs. They are trying to hold the lid on sanctions to force Iraq's compliance with...