Word: shutdown
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...bumper stickers and TV commercials, Menario's committee raised nearly a million dollars, outspending the plant's opponents by 5 to 1. Most of the supporters' funds came from out-of-state corporations, including utilities, manufacturers and even investment banking firms, which feared that a shutdown in Maine would cause a nationwide antinuclear ripple. On election day, more than half of Maine's voters went to the polls-a record for a single-issue referendum in the state-and voted by 230,000 to 160,000 to keep Maine Yankee open...
Last week the U.S. Catholic Church closed down its film office. It also ceased publication of the biweekly film Review, which since 1935 had carried unsigned critiques, as well as ratings, on 16,251 feature films. The official reason for the shutdown is financial, but the office clearly fell victim to changes in the law, public morality, the movie business and the church itself...
Data Resources, the Lexington, Mass.-based econometric forecasting firm, estimated last week that an extended shutdown of the 4.9 million bbl. per day production in Iran and Iraq could cause a rise in world oil prices of 50% above its original projections by the end of 1981. Since petroleum prices are extremely sensitive to any long-term reduction in world oil supplies, a shortfall in Iranian and Iraqi crude could hike the contract cost of a barrel of oil from its current $32 to about...
Morrison-Knudsen yesterday refused to comment on the shutdown...
Police had arrested more than 30 demonstrators--the first in a series of local confrontations that included a failed attempt to chain closed the doors of the Central Square post office and a successful shutdown at the Harvard Square post office...