Word: churnings
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...Francisco, ferries once again churn across the bay, shuttling cars and passengers to Marin and Solano counties. Last year Seattle-area ferries carried 18 million riders, more than the number of people who passed through the Seattle-Tacoma airport. "People who live around Puget Sound love their ferries," says Therese Ogle of Washington State Ferries. "They just scoff at bridges...
Council members say that setting up a graduate chapter of PBH would instill camaraderie among the different schools as well as allow students of different graduate schools apply their expertise in public service work. They add it would also help dispel the stereotype that some of the graduate schools churn out "money-hungry materialists...
...Seabrook, N.H., nuclear power plant took eleven years to build, cost $4.5 billion in excess of its original $1 billion price and has yet to churn out a single kilowatt. The plant has generated only trouble so far, which it produced in abundance last week. Public Service of New Hampshire, owner of the largest single stake in Seabrook, a 35.6% share, filed for Chapter 11 bankruptcy, becoming the first major investor-owned utility to do so since the Depression. Though Seabrook was ready to run by the fall of 1986, its start-up has been delayed by political and public...
...hypermarkets are doing their best to help shoppers feel comfortable in what is sometimes a disorienting space. Dallas' Hypermart USA installed hot lines in its aisles so shoppers can get information and directions. Its bakery can churn out 20,000 tortillas a day. To make sure cranky toddlers do not prompt their parents to hurry too much, Hypermart offers a Ball Room, where parents can deposit their children to be supervised. But anyone who wants to shop in a 200,000-sq.-ft. store should remember to don jogging shoes. Says Melba Lincoln, a Dallas homemaker: "Shopping here is like...
...billion last week, is dwarfed by the total amount of dollar trading, some $150 billion, that swirls through the currency markets each day. But the central banks can move the market because of their resolute purpose; they hold on to their purchases, even at a loss, while speculators constantly churn their holdings. Moreover, last week's intervention was far more aggressive and flamboyant than usual. The Fed, which generally makes orders in $10 million batches, was trading marks for dollars in king-size packages of $25 million. Normally the Fed would carry out such transactions stealthily. But last week...