Word: exceedingly
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Dates: during 1980-1989
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...will the breakdown in talks affect a recessionary economy staggered by high interest rates and an unemployment rate that this week threatens to exceed the postwar record...
...highly cyclical housing industry. Wickes executives were enthusiastic at the time, even though the deal doubled the company's debt load to nearly $2 billion. After both the housing and the retailing businesses unexpectedly went into a simultaneous slump last year, Wickes ran up huge losses that could exceed $80 million. Chairman E.L. McNeely last month resigned under pressure from the company's lenders. A new boss, Sanford Sigoloff, who specializes in reviving ailing firms, was brought in to sell off assets and pay back some of the loans...
...credit is about $11. The customer incurs a charge against that credit when he uses the bank. Writing a check costs 30?, and a withdrawal from an automatic teller machine is 10?. For a bounced check, the bank demands a daunting $30. If the customer's monthly charges exceed his credit, he pays the difference as a service fee. If, on the other hand, he does not use his account too often, he pays no service charge...
With a worldwide oil glut estimated to exceed 5 billion bbl. of crude, OPEC is making its first attempt ever to firm up prices by reducing production. But the 13 members voted to curtail output by only 9.6%, or some...
...some enterprising melon growers are using the method to cut energy costs as well. Melons picked in the blazing California sun must first be cooled from 100° F or more down to 40° before the fruit can be packed and shipped. Electrical expenses for refrigeration alone can exceed $50,000 per season for a medium-size 5,000-acre farm. If the fruit is picked at night when the air cools the melons down to 70° or less, total electrical costs can be cut by as much...