Word: discounted
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Dates: during 1980-1989
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Because of the layoffs and currency shortage, the hardest-hit Panamanians are probably the members of the middle class. To help workers who are unable to cash their paychecks, the government is selling so-called dignity bags of rice, beans and other staples at a discount from regular prices. The crisis has brought relatively little new hardship for the poor, so far. Hereberto Lombaro, 33, says he makes about $20 a day selling fruit-flavored ices from a pushcart. "I don't care what the Americans do," he says, grinning up at the cloudless sky. "As long as it stays...
...sharpest charges of maintenance laxity have been leveled at Texas Air and its two struggling carriers, Eastern and Continental. In assembling the largest U.S. air company (market share: 20%) and making it the industry's discount leader, Texas Air Chairman Frank Lorenzo has tried to cut costs drastically. His pressure for concessions from unions at Eastern, especially on pilots and machinists, has prompted bitter accusations that the company is flying close to the edge. Pilots for Continental and Eastern claim they are given planes with problems ranging from broken gauges to leaking fuel tanks, while Eastern mechanics say their nonunion...
Dell's fast rise is evidence that the computer industry is still fertile ground for newcomers. With a bankroll of just $1,000, Michael Dell, 23, started selling discount IBM PCs in 1984 as a freshman at the University of Texas. By last year his company was the eleventh largest U.S. maker of personal computers (fiscal 1988 sales: $159 million). But Dell faces tough competition. Three days after its announcement, Fort Worth-based Tandy said it will begin selling PS/2-compatible machines in June...
...public hearing that 20 percent of Cambridge will see an average increase of 29 percent or more in their monthly bill. Ten percent of Cambridge residents, he added, will see an average increase of 37 percent or more. Those who receive Social Security Income benefits, however, will receive a discount in their bill, and comprise the one group entitled to an exemption in the restructuring...
...past three years, to $29,000. As a result, U.S. sales have stalled, and the company has had to abandon its traditional take-it-or-leave-it attitude. Customers who take advantage of the Daimler-Benz offer can tour its Stuttgart factory, pick up their favorite model at a discount of up to 10% and be reimbursed for their air fare...