Word: offs
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Dates: during 1970-1979
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By a bizarre coincidence, it was 50 years to the day-Nov. 28, 1929-since Commander Richard Byrd and three companions struggled across the region's perilous mountains, to complete the first flight over the South Pole in a Ford trimotor called the Floyd Bennett. Flight 901 was scheduled...
Nowhere is the need for this conversion process more acute than in the hulking, old steel industry. Fully 26% of its plant is outdated, and replacing it with the best technology available will require tens of billions of dollars. Last week the largest producer, U.S. Steel, took some belated steps...
It was the fear of strikes every three years when the union contract came up for renewal that led steel customers to buy still more imports to hedge their supplies. But when steel imports rose from a 13.4% share of the domestic market in 1975 to 17.7% in 1977, the...
The company's 102 lenders fear that if guarantees are granted, but Chrysler still goes bankrupt, federal law requires the Treasury to have a first claim on its assets. Probably not enough money could be raised from selling off its plants and other assets to cover both federally guaranteed...
If this is a recession, let's have more of it. So joke some shoppers trying to elbow their way through the crowds that are thronging the stores. K mart has rung up a sprightly 13.7% increase in retail sales so far this year, and even laggard Sears, Roebuck...