Word: expansionism
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Dates: during 1990-1999
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Saying government was allowing part of Cambridge to become a "service station" for the rest of the city, the City Council denounced the recent expansion of a North Cambridge muffler shop.
Shattuck said management has offered the uniona 4 percent pay increase, along with expansion ofsome other benefits. He said 4 percent is the sameraise given to faculty and administrators and hesaid the figure is higher than the rate ofinflation and the average 1992 contract settlementin New England.
The proposed British Airways-USAir linkup, the most controversial of them all, is seen by its U.S. partner as a move into the big leagues. After a decade of rapid expansion, USAir has stalled, losing $973 million since 1989. Says George James, an airline-industry analyst: "Their situation is desperate...
This furious expansion has exacted a high cost. Since 1990, U.S. carriers together have lost nearly $7 billion, including almost $1.9 billion in losses accrued by the Big Three. Part of the current frustration is the timing of the British Airways-USAir deal, which comes just as the big domestic...
One of Clinton's biggest concerns will be the global nature of the economic slump he must confront. With unemployment stuck above 7%, the U.S. desperately needs vigorous exports to put people back to work. But Europe too is mired in a downturn, and the collapse of Japan's financial...