Word: predictible
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...eventually brought before the Massachusetts Supreme Judicial Court. The Court ruled that the State Department of Environmental Quality Engineering must reopen hearings on the University's application to operate the plant, which is located off Brookline Ave. in Boston. The hearings could last well into the winter, lawyers predict, perhaps delaying MATEP's official opening for another full year...
...traders. As an executive vice president of Chemical Bank, Rolland manages $11 billion in trust funds. One of his staffers told him that there was a rumor around Wall Street that Henry Kaufman, chief economist at the Salomon Brothers brokerage firm, had changed his forecast and was about to predict publicly that interest rates were coming down...
...almost the first time since the beginning of the recession in July 1981, there are some genuinely hopeful signs. The towering interest rates that virtually every economist has identified as the most daunting hurdle to recovery have come tumbling down faster than al most anyone would have dared to predict a few weeks ago. The Federal Reserve Board last week dropped its discount rate, the amount it charges banks and other financial institutions that borrow funds, for the fourth time since July 19. The discount rate now stands at 10%. Mean while, the prime rate that banks charge their most...
...Supreme Court decision declaring capital punishment constitutional. More than 1,000 prisoners now wait on death row. Two weeks ago, New Jersey became the 37th state to adopt a death penalty. Due to the appeals process, few inmates are expected to be executed soon. But by late 1984, experts predict, there may be a surge in executions. By then, perhaps the Supreme Court will have worked out a more seemly system for deciding the many last-minute appeals it is sure to face...
...first six months of 1982, and CNN2's monthly losses were about $800,000 more. With the lagging U.S. economy damping down advertising revenues, Turner has abandoned his projection that CNN can make a profit this year. Turner's troubles have led many industry observers to predict that within the next year or two he will have to sell or take in a partner, or else see CNN go bankrupt (the total value of his holdings: $250 million to $300 million, says a top-rank video executive). Turner's financing includes $50 million in loans at steep...