Word: firmed
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Dates: during 1980-1989
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...machines, exotic and expensive toys just ten years ago, have found their way into 60% of American homes, according to Nielsen. A study by Paul Kagan Associates, a California-based research firm, found that the typical VCR household rents 4 1/2 movies a month, and such viewing has almost certainly cuts into network ratings. More insidiously, the VCR -- and its high-tech sidekick, the remote-control unit -- has encouraged a new, more active method of TV viewing known as "grazing." A survey published last month by Channels magazine found that 75% of all TV homes have remote-control buttons...
...open more doors in Africa to him. It would probably blunt the sanctions drive in Europe and America. It might even be enough to launch the regional heads-of-government conference that Botha wants so much to attend. A senior British diplomat observes that the front line is holding firm now, "but it is beginning to wobble." In the meantime, Botha can count on two more summits in coming months when Zaire's Mobutu Sese Seko and Mozambique's Joaquim Chissano pay the return visits they have promised. Yet the real payoff in authentic black-white harmony for the continent...
Suburban Chicago's Oberweis Securities, a fast-growing small firm before the crash, abruptly halted its expansion plans this year. James Oberweis, the company chairman, decided to diversify by selling 50.1% of his brokerage to another firm and expanding his family's dairy company by buying a chain of ice-cream shops. Says Oberweis: "The ice-cream business is a lot better than the brokerage business these days...
...year after Black Monday, the worst day in Wall Street history, an unsettling question lingers: Could it happen again? Yes, answers a senior partner in the Lazard Freres investment banking firm and one of the most respected members of the financial community. The securities markets and the tax system must undergo fundamental reforms, he maintains. Otherwise, inadequate regulation, excessive speculation and overuse of credit could bring on a banking crisis and a stock collapse more damaging than the Crash...
...Consumer Price Index (CPI), which measures national inflation for a breadbasket of consumer goods, is inappropriate. Instead, they say, the tuition hikes should be measured against the Higher Education Price Index (HEPI), which guages increases in university expenses. The annual index is calculated by an non-profit research firm...