Word: pullback
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Dates: during 2010-2019
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...terrorism remind us of the fragility of peace in our time. Natural disasters like Hurricane Katrina and the Indian Ocean tsunami demonstrate the abiding power of Mother Nature, even as we burn fossil fuels at rates that put us at grave risk of irreversible climate change. And our recent pullback from an economic abyss shows us the insecurity of our global economic system, which has raised many boats but still leaves over one billion people tragically living on less than...
...sector has taken a huge hit over the past two years, as the crippling recession, the pullback in business travel, frozen credit markets, the decline in consumer spending and even President Obama's "anti-Las Vegas" comments took a hefty toll on casino companies. Gaming revenue plummeted and a flurry of companies, such as Herbst Gaming, Trump Entertainment and Station Casinos, filed for Chapter 11 bankruptcy protection. Stocks nose-dived, with major names losing more than 85% of their value from their October 2007 peak...
...brick-and-mortar retailers slashed inventories to offset the pullback in demand, shoppers stampeded online to see the full selection at competitive prices, says Keith Jelinek, a director at AlixPartners. "It was definitely a competitive advantage for Amazon," he says. The Seattle-based retailer posted a 40% earnings increase in full-year 2009, with the biggest gain coming in the fourth quarter, where net income shot up 71% - far above Wall Street's expectations...