Word: slashings
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ValuJet president Jordan vehemently defends this practice of outsourcing, saying it "has been done by the finest airlines. It is a sound concept; it is a good concept." This is true. But the drive to slash costs can sometimes lead to cut-rate care. The FAA has found that ValuJet contracted out all its maintenance to "geographically diverse low bidders" and that there were "multiple shortcomings" in the supervision of the firms. According to experts, the relationship between an airline and its maintenance teams must be symbiotic. "You need well-trained people, people whose morale is high," explains Louis Smith...
Citing low earnings and increased shoplifting, then-Coop President Milton P. Brown '40 announced the store would slash its rebate by more than 50 percent...
...President is calling. He wants you, the big cheese at Megawhiz Amalgamated, to come to Washington to discuss "corporate responsibility." You are thinking, "I need this? Wall Street is screaming for me to slash jobs and increase the stock price; competitors are breathing down my neck; and tort lawyers are cruising the open oceans of commerce like so many U-boats, hoping to catch my logo in their periscopes. And the President wants to discuss responsibility...
...launched the Casino Queen in June 1993 recouped their money in six months--and have been raking in profits ever since. Meanwhile, taxes on the riverboat's $150 million annual revenues have doubled the city's budget to $12 million, allowing East St. Louis to reduce property levies 30%, slash its debt, double the number of police officers and patrol cars, and thus cut the murder rate by a third. The boat, with 1,250 workers, is now the city's largest employer. Says Mayor Gordon Bush: "It is bringing about the city's renaissance...
...MONTHS I WATCHED THE EVER changing definition of "negativity" in the primary coverage. First there was hand wringing over negative ads by Steve Forbes. The next round of slash-and- burn advertising was between Dole and Alexander. Now the vitriol is directed at the followers of Buchanan. This has become a feeding frenzy by a smarmy coalition of Establishment Republicans, Democrats and newsies from left and right. I am an agnostic pro-choice woman living not a mile from Focus on the Family in Colorado Springs. There are no skinheads here. There is no hate here. The hate, venom...