Word: crunchings
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...employee teamwork have created a new generation of promising Chrysler cars, Jeeps and minivans. "You couldn't want better vehicles to market, heading into an upturn in the economy," says Joseph Phillippi, who watches the industry for Shearson Lehman Hutton. At the same time, Chrysler's chronic cash crunch (it lost $795 million last year) makes it crucial for the vehicles...
Israel and the U.S. have long been on a collision course over loan guarantees to help resettle Jews from the former Soviet Union. Last week the crunch finally came, sinking any chance of obtaining the guarantees anytime soon and pushing the two countries' ties into what one U.S. diplomat calls "the roughest patch I've seen...
...road to Rio de Janeiro will soon be jammed with thousands of delegates attending the U.N.'s June Earth Summit. As green-minded summiteers ponder such now-or-never topics as global warming, the rain-forest crunch and the world's vanishing flora and fauna, the most endangered species of all may be Rio's street children. A Brazilian child-advocacy group reports that 470 juveniles were murdered in the Rio area last year, many of them by death squads made up of off-duty police hired by local shopkeepers. If the authorities can help it, Rio's most endangered...
...shortages of oil and the depletion of energy is not occurring. Instead of an oil crunch, we have an oil glut and population growth has slowed. Economic factors are part of all of these," said Allen Sinai, chief economist of The Boston Company, Inc. "The doomsday scene and devastating shortages predicted have never come to pass...
...former baseball commissioner Bowie Kuhn, who accepted a $500,000 annual draw largely for lending his conservative name to the shingle. Myerson & Kuhn soon boasted 170 lawyers, but the firm had to borrow just to pay its high-profile partners, and Myerson's spending habits worsened the crunch. By 1989 the partnership was in Chapter...