Word: losses
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Dates: during 1970-1979
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Judging from your article "Net Loss" [Sept. 3], it is quite obvious that your ECONOMY & BUSINESS reporters may know the size and bounce of the economy, but not of racquetball. Racquetball is more like handball or squash than tennis. It is played with a smaller racquet and faster ball...
...strategy. Although President Lee lacocca had said earlier that Chrysler's third-quarter deficit would be "at least double" the $207 million that it reported for the second quarter, bringing the cumulative red ink for the year to about $800 million, the report projected that the total 1979 loss would come to a truly scary $1.073 billion on revenues of $12.4 billion. The company expects to lose another $482 million next year, then move back into the black in 1981, when it projects a profit of $383 million on sales of $ 15.6 billion...
...recent CAB study of Air New England found the company's finances and cash flow to be "precarious." Founded in 1970 and controlled by Investors Fairleigh Dickinson Jr. and Robert Kanzler, the Boston-based airline carries some 500,000 passengers annually. It operates at a loss for most of the year but gambles on cashing in during the summer, when traffic triples. Despite federal subsidies of $3.7 million, it lost $2 million on revenues of $21 million in 1978, and does not expect to do much better this year...
...were canceled. In July more than 800 out of 6,300 flights were either late or scrubbed because of bad weather and air traffic control delays. Then, in August, the peak month, the mechanics carried out a three-week job action. More than 500 flights were dropped, causing a loss of 15,000 passengers and more than $500,000 in revenue...
...chromosomal switch, and those with the translocation do not always develop cancer. The doctors have taken cells from family members and frozen them, preserving them for the day when they have more sophisticated techniques for studying individual genes within the chromosomes. But until then they will be at a loss to explain exactly why a translocation can make a family cancer prone. Says Brown: "What we found may be a breakthrough. The fact is we don't know...