Word: climb
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Dates: during 1980-1989
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...publicly advertised a product or price. "We spend the advertising money on service," he explains. The payoff has been impressive. There are seven Byerly's outlets in the Minneapolis area, and an eighth is under construction. Sales for the chain reached $135 million last year, and are expected to climb to $150 million in 1987. Byerly analyzes his success this way: "The only reason people will come back to our store is because of what happened to them the last time they were here...
...Wave Theory to predict that the Dow is on a march that will peak at 3600 by 1988. In December 1985, Yale Hirsch, editor of the newsletter Smart Money, forecast the date of the Dow's 2000 day within roughly a week. Now Hirsch predicts that the index may climb to 2300 within three months and reach 2700 later this year...
...cruel Catch-22 of welfare is that it often punishes recipients who try to work their way out of poverty. By taking away benefits from the poor when their income starts to climb, welfare discourages incentive. A novel program in Washington State proposes to turn that problem on its head by offering bonuses as well as benefits to welfare recipients who work or undergo job training. In effect, Washington wants to tell the poor: Whatever you earn (up to a point), you can keep...
...city of Hakodate. Now the company has no orders at all for next year and beyond. In shipbuilding, as in steel, the most forceful challenge comes from South Korea, whose currency, unlike the yen, is pegged to the dollar. South Korea's share of world shipping is expected to climb by year's end from 10.7% to 28.4%, while Japan's portion will drop from 49% to 41%. Says Kazuichi Murai, director of planning at the Shipbuilders' Association of Japan: "It's warfare...
...Harvard. The Crimson (25-8-1 overall last season, 18-3 ECAC) has a tougher hill to climb this year, but there is no reason to believe it won't finish first in the ECAC again. (see accompanying story...