Word: peak
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Dates: during 1980-1989
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...Valley's microchipped wonder companies, Atari was one of the earliest and most colorful. It gave birth to the video-game industry and churned out amusements like Pong, Asteroids and the home version of Pac-Man. It saw its sales explode from $30 million in 1976 to a peak of $2 billion in 1982. It spun off famous employee alumni, like Steven Jobs, co-founder and chairman of Apple Computer. Physically, it spread to 49 buildings around Sunnyvale, Calif. But its fall came even faster, as a fickle public cooled to its video games. Losses hit $539 million last...
Baggage-laden vacationers jammed Air Florida ticket counters at Miami International Airport early last week as the peak summer travel season got under way. But near noon on the day before the Fourth of July, flashing signs destroyed the holiday mood. Their message: Air Florida was immediately grounding its green-blue-and-white jets. The carrier (1983 revenues: $218 million) had filed for bankruptcy. The abrupt halt stunned employees and left many passengers with shattered plans, scattered luggage and tickets that other airlines refused to honor. Said Faye Holub, who had intended to visit her grandchildren in Chicago: "They gave...
...banks last week raised the prime rate that they charge corporate customers from 12.5% to 13%. That helped boost the dollar to record highs against the British pound and the Canadian dollar. The U.S. currency also hit a peak for the year vs. the Japanese yen, and a seven-year high against the Swiss franc. Many economists expect further hikes in interest rates and a continued strong dollar...
...reached the peak he had set out for, "to have a good time and make the Olympics." Tonie Campbell, who followed Foster in the 110-meter hurdles, exclaimed, "Being an Olympian is better than landing on the moon!" Al and Jackie Joyner, a triple jumper and heptathlete, went in as a family entry. Carol Lewis was hoping to make it two brother-and-sister teams in the long jump. For the Lewis family, the wind on the Coliseum floor was the only ill omen. "If there were flags out there on the runway," Carl said, "they...
...usually try to peak during tournaments and with the close scheduling. it'll be tough to do," said Scott...