Word: crashing
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Dates: during 1980-1989
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Business crime is at least as old as horse trading, of course, and has periodically flared up in new forms. Shady stock deals helped bring on the great Wall Street Crash of 1929, and Lockheed and ITT became enmeshed in bribery scandals during the 1970s. But rarely have so many big-name businessmen and corporations been accused of so much wrongdoing in so short a time. Several business trends, including financial deregulation, the growth of huge conglomerates and the rise of electronic funds transfers, seem to be multiplying the opportunities and temptations for businessmen to stray outside...
...brings the food and comes back when the truckers are nearly done. She carries a water jug and coffeepot on her tray. The men are ragging her again, and her hands tremble. The tray falls with a crash. The jug breaks. Glass, water and coffee spread across the floor. She sits down in the booth, tears rolling down her cheeks...
There is never a good time for a jet fighter to crash, but the loss of an F-20 Tigershark jet in Labrador last week seemed particularly inopportune. The plane, en route to the Paris Air Show, had stopped over at Goose Bay airport; coming in from a practice flight, it suddenly nosed down during its landing approach, killing Pilot David Barnes, 40, as it plowed into the ground. The crash occurred the day before the annual stockholders meeting of Northrop Corp., which spent $800 million to develop the F-20 but has not been able to sell a single...
Northrop has been promoting the F-20 as a less expensive and more reliable alternative to General Dynamics' widely used F-16. The Tigershark's reputation had already suffered from a crash last October in South Korea, although investigators blamed the accident on pilot error. Last week's disaster left Northrop with only one prototype. Still, Chairman Thomas V. Jones vowed to renew his efforts to sell the aircraft...
...competitive airline industry, however, highflyers often suddenly crash to the ground. United Chairman Richard Ferris insists that his airline ; cannot afford to fly without a two-tier wage policy. Although pilots have not traditionally staged long walkouts, both sides last week seemed to be digging in for a tough fight...