Word: slump
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Dates: during 2000-2009
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...with appropriations bills while the nomination goes through the vetting process," predicts Senator John McCain. "Some of the committees will still hold hearings and such, but as far as national attention goes, this is going to be at the center for some time." With his approval ratings in a slump, Bush might welcome an extended fight that puts him in a position to defend his list of values. Democrats too might want the confrontation, if only to help define who they are as they head into an election year. And no matter where you come down on abortion or church...
...Negative, was a murder mystery in which the only witness to a crime was a toddler who had not yet mastered standard speech. The story's amateur detective was a philologist who unmasked the criminal when he cracked the child's babbled code. Carkeet's next novel, The Greatest Slump of All Time, told of a major league baseball team whose polyglot members one by one lapsed into clinical depression. Although they kept winning, they doubted the value of victory when it failed to make them happy, and found themselves facing mid-life moral crises while still in the first...
...most talked-about slump of 1985 was in home computers. Sales dropped to an estimated 2.3 million from 1984's 3.3 million. Companies that had rushed to market with new products were violently shaken out of it. Coleco dropped its Adam computer in January, and IBM stopped production of its PCjr in March. Even so, sales of the more powerful personal computers used in business continued to grow, and demand for some very large units boomed. IBM's long-awaited new mainframe machine, which had been nicknamed the Sierra, costs about $5.5 million, but it still sold so briskly that...
Control Data (estimated 1985 sales: $4.9 billion) faces daunting problems. The company's computer operations have been hit by an industry-wide slump and intense Japanese competition. The twin setbacks have pushed the firm into deep financial trouble. Control Data lost $270 million during the first nine months of 1985, and the red ink could easily pass $300 million for the entire year. To help repay bank loans on which it defaulted last summer, the company is selling Ticketron, its electronic ticketing service, and other operations. An earlier attempt to raise badly needed cash by selling Commercial Credit, Control Data...
...year ABC veteran, Pierce became president in 1983. Though he ran the network during the 1970s when it climbed to first place in the prime-time ratings race, Pierce also presided over ABC's recent slump to third place. In an effort to reverse that slide, Pierce last November appointed Brandon Stoddard, who headed the company's motion-picture operations, president of ABC Entertainment. He is expected to keep that post...