Word: slowdowns
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...economic slowdown is forcing Harvard’s finance officers to take a hard look at existing programs and, in many cases, scale back their future plans...
...improved quality and lower prices of videoconferencing were attracting attention even before Sept. 11, as the tech recession and the beginnings of the slowdown elsewhere in the economy had companies searching for ways to save on travel. A conventional system like Polycom's ViewStation 512 can receive multiple video calls and allow data transmission with connections that look and sound like network television. In 1994 a less capable unit cost about $70,000. Today a corporation could equip four offices for less than...
...from a minority President, and we wondered if the technology collapse would plunge the world into full-blown recession. We were right about the danger of recession, but wrong about the causes and solutions. It was Osama bin Laden, not George W. Bush, who tipped the balance toward economic slowdown...
...Some other victims of newly vigilant airport-security personnel are getting much worse handling. The airlines' own uniformed flight crews are often searched several times in a single day, and the pilots are getting so fed up that they have begun talking openly of striking or staging a work slowdown like the one that helped make the summer of 2000 the most delayed in history. Stephen Luckey, head of the Air Line Pilots Association's national security committee, says he gets dozens of calls a day from pilots who have been stopped by security and, in many cases, subjected...
...Manufacturing was contracting. Stocks were sluggish. On Jan. 3 Alan Greenspan picked up the phone and called in an emergency 50-basis-point rate cut to try and nip the gathering contraction in the bud. Economists, analysts and business journalists were agreed that we were in for a sharp slowdown, maybe even a recession. But it would be the briefest of downturns; maybe a quarter or two, tops, with recovery setting in by August...