Word: marginally
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...things that would have taken months to happen. It compressed monetary policy and corporate restructuring. It quickened the blowout in markets and catalyzed the crash in consumer sentiment. So rather than a long and frustrating U-shaped bottom, we're getting a jolting V. In Japan, which has no margin to absorb shocks, the V will be particularly sharp going down. China will stand out like a beacon of light in Asia as its economy grinds ahead...
Even before Sept. 11, the airline industry was in trouble. The weak economy was cutting sharply into business travel, whose high-margin tickets account for nearly 80% of industry profits. Costs were skyrocketing, pushed by labor contracts negotiated in flush times. And now travelers, worried about security and wary of delays and hassles at airports, are looking for any excuse not to fly. Upshot: airlines have cut flights 20% from pre-Sept. 11 levels, yet planes still flying are at just 65% of capacity, compared with an estimated 73% before the terror attacks...
...keep the Elis at bay. Rose was 4-for-5 for 62 yards on the series, unfazed by the prospect of losing an undefeated season. Rose found Morris in the end zone from 16 yards out to put Harvard on top by the game’s final margin...
Wrapping up a historic season, the Harvard football team (9-0, 7-0 Ivy) defeated arch rival Yale (3-6, 1-6) by a 35-23 margin on Saturday at the Yale Bowl in New Haven, Conn. Even though Harvard led throughout The Game, the Crimson was never able to completely shake the pesky Bulldogs until a Harvard goal-line interception with less than a minute remaining. Before Saturday, no Harvard football team in the last 88 years had finished a season with no losses or ties. The victory also gave the Crimson sole possesion of the Ivy League Championship...
...keep the Elis at bay. Rose was 4-for-5 for 62 yards on the series, unfazed by the prospect of losing an undefeated season. Rose found Morris in the end zone from 16 yards out to put Harvard on top by the game’s final margin...