Word: outlook
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Dates: during 1980-1989
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...PULSE OF DETROIT weakened perceptibly two weeks ago. The latest setback for this sickly city immersed in a battle for survival was not another round of massive layoffs, or overcrowding in its burgeoning soup kitchens. Rather, the outlook grew bleaker because the 101-year old downtown mainstay J.L. Hudson's department store went out of business...
...change in the group's outlook, says slate-member Julia S. Rubin '84, is that it has a more realistic view of the officials who run the store. "They're not monsters--they're people," she explains, adding. "Their main thing is making money; our major concern is the undergraduate. Often the two don't interfere--its just that they don't always coincide...
...firms are expected to interview the school's 2,000 graduate and undergraduate business students. Says Placement Director Glenn Rosenthal: "We're finding a lot of employers canceling appointments that they had scheduled for March. We've tried to be honest with our students about the outlook, and yet at the same time not demoralize them...
...sales outlook is cloudy at best. Though the U.S. Commerce Department forecasts a 25% rise in shipments during the year, to 80 million tons, that is still less than 75% of current capacity and little more than half the peak production of 150.8 million tons in 1973. More worrisome still, signs are emerging that the beleaguered and struggling industry could succumb to labor strife and perhaps even a crippling midsummer strike by the United Steelworkers of America, when the union's current three-year contract expires in August...
...energy firms remain confident that the lines will pay off, despite dropping oil prices, which now average about $30 per bbl. from Texas fields. The profit outlook is enhanced by provisions in the windfall profits legislation that include a 30% tax rate on oil recovered through the new method, compared with 70% on most oil discovered before...