Word: expanding
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Dates: during 1980-1989
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...Federal Reserve policy for several weeks. The central bank has chopped the important discount rate, which is what it charges banks to borrow money, from 14% a year ago to 9.5%, the lowest level since June 1979. In addition, the Federal Reserve has allowed the money supply to expand during the past month at an annual rate of 14.5%, which, if permitted to continue, will force average growth rates far above the Fed's own official 5.5% target...
...STORY is a familiar one in modern America. A small business with an excellent product becomes wildly popular. To keep up with outrageous demand, the owners eventually expand, mass produce, and create a "label." Things are never quite the same again. Witness the saga of Ray Kroc's old hamburger stand or Mr. L.L. Bean's barn up in Freeport. Steve's resisted the clutches of materialistic expansionism for several years, sticking it out in original digs in Somerville...
...institute's primary purpose is to "expand knowledge" through basic research that later can be exploited through development and application by the participating corporations, Kennedy said...
...restricted to the maintenance crews that service them around the clock. Two men work full-time in the tunnels, and other shifts are rotated between a group of Buildings and Grounds workers. Workers fix leaks, operate valves and inspect the pipes, paying special attention to the pipe joints which expand and contract in response to the steam's heat. Failure of these joints to slide freely could create safety hazard, says Chester P. White, one of the two full-time tuneless. "If a line ever went there'd be no getting out" he warns...
Unfortunately, the cover-story focus on "Merger Mania" has long obscured the fact that few such pairings are even remotely friendly partnerships. More often, they are one-sided takeovers by well-heeled companies determined to expand. Even when a company is saved from unwanted takeover by the intervention of a more desirable "white knight" purchaser, results aren't necessarily cheery. Employees of Conoco now say that life under Du Pont is far from fun, citing in particular the chemical giant's nasty job shake-ups and layoffs, and its sudden imposition of inconsiderate work rules...