Word: slowdowns
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When it comes to America's troubled airlines, every cloud is diligently searched for its silver lining. And so the FAA has found one for the post-9/11 air travel slowdown: It has given the agency time to launch plans for new runways and better airports. Still, the effect on commercial flying has been devastating. Airlines lost about $7 billion in 2001, even after receiving a federal bailout of $5 billion, and passenger demand is expected to plunge by as much as 12 percent through...
...money migrants send home: remittances are the country's third largest source of dollars, after tourism and oil. But some 60,000 Mexican migrants lost their U.S. jobs after the attacks. With workers like Guzman stuck at home, and Mexico in a recession provoked in part by the U.S. slowdown, Mexicans are hurting. In Puebla state, the town of Chinantla lives on cash sent back by migrants. One resident, Antonio Castellanos, is watching business tank at his burger-and-pizza stand. "If things don't change," says Castellanos, who learned his trade during eight years at a New York City...
Peljto led all scorers with 14 in the first half, but her second half slowdown cost her the league’s overall scoring title. At the point when Harvard led 42-15, Peljto had made up a pre-game 498-489 deficit on Dartmouth’s Katharine Hanks in the Ivy scoring race, but Hanks outscored Peljto by eight for the rest of the game...
...expected to ease to 46% annually for the fiscal year ending this March, down by one-third from last May. Japanese are not signing up for cell-phone services of any kind as quickly as they were, and those who already subscribe are spending less per month. The slowdown has contributed to a 45% slide in DoCoMo's share price since last...
...among the schools hardest hit by the economic slowdown. Its financial problems—including a $3 million operating budget deficit during Fiscal Year 2001—were “multifaceted” and “compounded by the recession,” according to Newman...