Word: gap
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...reality, the deficits in many cases are worse than the published data suggest, which becomes evident when bankrupt corporations dump their pension plans on the PBGC. Time after time, the agency has discovered, the gap between retirement holdings and pensions owed was much wider than the companies reported to stockholders or employees. Thus LTV Corp., the giant Cleveland steelmaker, reported that its plan for hourly workers was about 80% funded, but when it was turned over to the PBGC, there were assets to cover only 52% of benefits--a shortfall of $1.6 billion to be assumed by the agency...
...tourists watch from a discreet distance as geysers of spray burst from a hole in the cliff top. Growing up in the area, Tom Denniss was fascinated by these eruptions, caused when waves rushing deep into a cave force a mix of compressed air and water out through a gap in the roof. Now, a few miles south of Kiama, in the industrial city of Port Kembla, Denniss and his company, Energetech, are using the principles of the blowhole to turn wave energy into electricity...
...said. “The others were mediocre.”But the self-admitted short hitter is working on his patience. And if he can find improve his length off the tee, he has every right to feel confident.“I think we can fill the gap left by [last year’s] seniors,” he said. “There is a feeling that we are much better this year and that we can really compete. I don’t know what this means in terms of rankings, but I think we?...
...Howard reform. From little things big things grow, as the vernacular poet sang. If he can swing the legislation without significant alterations, Howard will have started a cultural and economic dynamic that will change Australia forever. Over the coming years, workers' capacity to strike will be limited, the income gap between workers with highly prized skills and those without will expand, the role of unions (already losing their relevance) will decline, and Australians' ideas about the relationship between bosses and workers and about a fair-wage safety net will be revolutionized. In Canberra and beyond, Howard and his ministers have...
...there with learning to tie your shoes. Yes, Pluto was always an oddball: not only is it tiny (two-thirds the size of our moon), but it has a weird, elongated orbit that is tilted at a sharp angle to the plane the other planets inhabit. Still, the gap in size between Pluto and the biggest asteroids was comfortably huge...