Word: slash
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...leaders not only expect to sign a treaty in Washington that will eliminate their medium- and shorter-range missiles, but hope to lay the groundwork for a much more significant 50% slash in long-range strategic missiles. In the upbeat glow of Soviet Foreign Minister Eduard Shevardnadze's quick trip to Washington, the President announced that he hoped to sign an agreement on long-range missiles "during a visit to Moscow next year," possibly in the spring...
...wildly last week, America's companies tried to maintain their composure. Though many corporate executives were rattled by what has happened to their firms' stock, and their own personal wealth, since August, most were determined to stay calm and not make any rash moves. Almost no one rushed to slash production or shelve capital-spending plans. But many companies began taking a hard look at their operations, realizing that further market declines could bring on a recession. For companies that had been planning to issue new stock or for young firms hoping to go public, the impact of the Black...
...anti-action case: the aftershock of the stock-market quake might tip the U.S. into a recession next year. And that is the wrong time to slash away at the deficit; tax boosts and cuts in Government spending would deepen any slump, because they would reduce the amount of money in consumers' hands. Some worriers go so far as to raise the ghost of Herbert Hoover, who slashed federal spending and persuaded Congress to raise income tax rates sharply in the wake of the 1929 Crash. Says University of Tennessee Economist Paul Davidson: "Cutting the deficit at this particular time...
...resolution -- and one very well might -- the talks will be racing a deadline of sorts. If a budget compromise is not worked out and enacted by Nov. 20, some $23 billion of automatic spending cuts go into effect under a modified version of the Gramm-Rudman Act. They would slash away with idiot impartiality at defense and social spending, at good programs and bad. And that would just about end any chance that Washington would give the stock markets the signal they yearn...
...Service's share in Seabrook into a separate company, thus leaving the utility less encumbered by debt. Losing Seabrook, however, is anathema to the utility, which still hopes to reap the hefty return that an operating nuclear plant can deliver. Public Service's Harrison proposes to restructure the debt, slash the utility's costs and raise electric rates by 15%. Rather than adopt the dissident plan as it stands now, Harrison claims, he would accept bankruptcy. Under court protection, he says, the utility might be able to carry out its own rescue strategy and keep its stake in Seabrook...