Word: june
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Dates: during 1980-1989
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Though Braniff lost $11.4 million for the nine months ending Oct. 31, industry analysts think it can become profitable. But the true ambitions of its owners, an investment group that bought Braniff last June for $105 | million, remain a subject of speculation. The management, says Kevin Murphy, who follows the industry for the Morgan Stanley investment firm, wants "to get this thing to be a viable enterprise and sell it to a major airline. They are not in it for the long run." But at least for the short term, the Braniff logo is going to become a familiar sight...
...cuts reduced the state higher education budget to $678 million for fiscal 1989, which ends June 30, a severe drop from the $735 million budget in the previous fiscal year...
...seats a game, to 13,420. At home the Bulls sold out more games over the past 18 months than they had during their entire 22-year history. In a sport that too often becomes sheer drudgery -- the season begins around Halloween and can end as late as mid-June -- Jordan is one of only a handful of NBA players who truly seem to enjoy themselves. Jordan plays as if what he calls "the best job in the world" might be gone tomorrow. He even has a "love of the game" clause written into his contract, which allows...
...since March. The federal funds rate, which is the interest that banks charge one another on overnight loans, has increased from 6.5% to nearly 9.5% during the past nine months. Economists polled by TIME estimate that the prime lending rate will climb from its current 10.5% to 11% by June but will end the year at 10% after the economy slows down. As that happens, economists expect, the unemployment rate will creep up two-tenths of a percentage point...
...Shabwa, and the Soviets are searching out more untapped desert pools. Now the Yemeni government is urging Moscow to speed up other large projects long promised. The Kremlin has been slow to finish a $450 million power plant begun eleven years ago. But after a row in Aden last June, trained Soviet labor began arriving, bringing the imported contingent of skilled workers to more than...