Word: discount
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Dates: during 1980-1989
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Mountain States is dedicated to bringing "a balanced perspective in the courtroom" to protect "the concepts of the private enterprise system." Thus Mountain States sued successfully to block the Colorado Public Utilities Commission from requiring utilities to sell natural gas to the elderly and handicapped poor at discount rates. The fund contended that the state should not require private companies to pursue "public welfare" goals to the detriment of other power users...
...Kania can keep the Soviets calm, the West is poised to help with loans and other aid. The Common Market nations agreed last week to make available surplus beef and butter at discount prices, provided Poland asks for them. It was a fairly timid gesture designed not to offend the Soviets, but it could be a very wel come one to Poland if severe food shortages develop this winter...
Much of the problem lies with high interest rates. While many Wall Street bulls are betting that rates have just about peaked, others believe that the cost of money will go even higher. The Federal Reserve Board fueled those fears late last week when it boosted the discount rate, the interest it charges on loans to member banks, from 11% to 12%, and tacked on an additional 2% surcharge for especially big bank borrowers. A number of Fed watchers believe that the central bank plans to work hard at least through Jan. 20 to rein in the money supply, whose...
Fierce competition has been the norm since Congress deregulated the airline industry two years ago. Discount fares like the Super Saver cut ticket prices by up to 55%. For a while, the crowds of new passengers kept earnings up, but the combination of rising fuel costs and recession sent the airlines into a downdraft. Since 1979 the price of jet fuel has jumped from 40? per gal. to 92?, while passenger traffic has slid by 3%. The major carriers, which earned a record $1.2 billion in 1978, have lost a total of $333 million...
...discount as an empty platitude McLaughlin's prediction of a winning record and a run at the conference title. For the first time in years, and possibly for the first time ever, the landlord of the IAB has the talent to back up what he says...