Word: slump
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...finals last year, has struggled in its version of the season-after. The loss of netminder Dave Gagnon to the Detroit Red Wings--where in his inaugural start he was victimized by Wayne Gretzky for The Great One's 700th career goal--has figured largely in the Red Raiders' slump...
...longer a nationally-ranked squad following its January slump, Harvard also needs to win the Beanpot for its post-season ramifications. Although the 1981 squad could not move beyond that year's Beanpot title, the Crimson built on that win, and reached the NCAA finals for the first time ever...
...plan is intended to help infuse struggling U.S. airlines with capital at a time when they are suffering from recession, a wartime travel slump and high fuel costs. Earlier this month, cash-starved Eastern Airlines shut down after 62 years. Both Continental and Pan Am are operating under Chapter 11 protection. One immediate beneficiary of the new policy is KLM Royal Dutch Airlines, which will be allowed to keep most of the 57% stake it bought in Northwest Airlines in 1989. Skinner believes that the infusion of foreign money will boost competition in the airline industry and help keep fares...
...slump is leaving a junkyard of bankrupt companies in businesses ranging from retailing to innkeeping. Last week Eastern Air Lines, which has struggled in bankruptcy since March 1989, closed down after 62 years of flying. The carrier, which has 18,000 employees, was forced to halt operations because of a cash shortage and lack of any buyers. Since December, Continental and Pan Am have filed for Chapter 11 protection...
Slap. Slap. Slap. With the finality of the sound of the last magazines hitting the floor at night just before the lights go out, upstart publications are falling victim to hard times. In the past few weeks four notable consumer magazines have folded, mostly because of a slump in advertising sales. Egg, which premiered last February a week before the death of doting founder Malcolm Forbes, dimmed along with the trendy bicoastal night life it chronicled. And publisher Steven Greenberg closed Fame, which had covered celebrities for two years...