Word: losses
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Dates: during 1970-1979
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...street diplomacy is very different from the cool, precise diplomacy of international relations. Young's candor, boldness and naive idealism were often ill suited to the subtleties and exactitudes crucial to world politics. Like many a Southern preacher, he was never at a loss for words, and he knew their power. But he failed to fully appreciate the dangers of using them rhetorically and carelessly...
When a DC-10 falls out of a clear blue sky and kills 275 people, as American Flight 191 did in Chicago last May, there is no doubt that the victims' families will be financially compensated for their loss. The multimillion-dollar question is how much. By last week, American Airlines and McDonnell Douglas, the manufacturers of the DC-10, had offered $30 million to the families of 112 victims if they would settle instead of go to court, and more settlement offers are forthcoming. What the airline and the air plane builder are trying to avoid...
...defends his high fees (17½% of the award), pointing out that air crash suits are complex and time consuming. In the Chicago air crash case, he will have to show how much money his clients (so far, the relatives of 16 victims) need to be compensated for their loss, based on the projected earning power of the victim, age, dependence on and relationship to the claimant. He must also prove that American or McDonnell Douglas or both were at fault. To be sure, the airline and manufacturer have offered not to contest their liability and to settle - but only...
...stockholders, employees, bankers and suppliers. Only such an effort can ease the Chrysler crisis. The long troubled company lost $204.6 million last year but topped that in this year's second quarter alone, when it ran $207.1 million in the red. Faced with the possibility of a shattering loss of more than $500 million for 1979, Chairman Riccardo held out the hand for $1 billion in federal...
...still or participating in a sports activity, brings coupons. These may provide admission to showings of popular oldtime movie serials, or, if an entire cabin does well, a special dessert for everyone. As the summer progresses, it takes more coupons to get a prize. By contrast, misbehavior means a loss of coupons and privileges. One Wediko innovation is called Think City, whereby youngsters sign a "contract" accepting instruction in a particular subject...