Word: downturn
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...plunged from $290 million to $7.3 million and that it was expecting a significant loss for the year. But not all European carriers are struggling. Ryanair, easyJet, Buzz and Go--inspired by U.S. discounting pioneer Southwest Air--concentrate on short-haul routes, and have been almost impervious to the downturn in transatlantic traffic. Sure, there are fewer American tourists booking weekend excursions from London to Dublin, but business traffic and leisure travelers taking advantage of sale fares have more than made up for their absence. Ryanair recently announced a 39% rise in profits and a 37% load increase...
Dataworkforce has taken a hit with the economic downturn, going from 500 to 300 contractors worldwide since 1999, largely by dropping less-skilled workers. Franklin now concentrates not on building new cellular networks but on optimizing them--making them work better--a strategy that has brought in $18 million since his U.S. office opened 21 months ago. And Franklin sunnily predicts that 24,000 telecom engineers will be needed worldwide if companies are to make use of the commercial 3G licenses being issued in the next few years...
...Aloha State, while their American counterparts parted with a measly $157. Without its spendthrift guests, Hawaii is feeling the pain. The 40% drop in Japanese tourists means $4 million a day less for the state economy?or more than $1 billion by year's end. Already the downturn has forced 12,000 residents onto unemployment lines. Things are so bad that Governor Ben Cayetano toured Japan recently to beg tourists to return...
...millions to those who need it least—as this seems to be some kind of involuntary reaction to any and all crises for the Republican party—Democrats in the Senate are insisting that any tax cut be directed at those hit hardest by the economic downturn. That is, they want to give the money to lower income workers and the unemployed. The last time a tax cut package was brought before the Senate, Democrats buckled under pressure from the new Administration. This time they have a chance to redeem themselves...
...concerned that an economic stimulus package will be hastily pushed through at the expense of the middle class. Massive retroactive tax cuts for corporations might stem some of the layoffs that have accompanied the economic downturn, but they are unlikely to encourage new investment and will make it much more difficult for the government to help those Americans most affected by the recession. The current war and bleak economy should not be used as an excuse to further the administration’s pro-corporate agenda. The proposed corporate tax cuts will persist long after the economic recovery...