Word: slumps
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...months before the company's 100th anniversary, General Motors Corp. executives remain defiantly upbeat in the face of a weak economy, terrible sales and Wall Street speculation that the giant automaker could ultimately wind up in bankruptcy court if the slump continues...
...whose performance boosted it into a new division next season. The Crimson nabbed an early one-game lead against the Pride, topping Springfield with a score of 30-16, but the Pride roared back and took the next three games for a 3-1 victory. Harvard’s slump continued with a 3-1 loss to Endicott on Feb. 12.Though the Crimson managed another sweep against Rutgers-Newark in the Golden Dome Classic, Harvard fell in the following match against non-conference Mount Olive, the first in a three-game losing streak that threatened to spoil the Crimson?...
...Crimson went 1-7 in Ivy League play and essentially eliminated itself from title contention. “That was the low point of the season,” senior ace Shawn Haviland said. “That put us out of it pretty early.”The slump came right at the start of the Ancient Eight schedule, so by the time Harvard found its stride late in the year, there was no time left for a comeback. The Crimson finished the season in the cellar of the Red Rolfe Division.“We came into...
...still nascent downturn in the British market exposes more than just property investments. The social and cultural value of home ownership in the U.K. makes any slump more difficult to shoulder. The roots of this love affair with property go deep. For centuries, a house of one's own gave an Englishman not just privacy and status; until 1832, those in the countryside had no right to vote without property of a certain value. Small wonder, suggests Stuart Lowe, a housing expert at the University of York, that the English dream of home ownership has become "a deep cultural issue...
Whatever it takes, British Prime Minister Gordon Brown will be praying that the market stays afloat. Trailing in the polls behind the Conservative opposition, the last thing his beleaguered Labour government needs is a messy collapse of the housing sector. Labour was in opposition during the last slump, and has since invoked it as a peril of Tory government. To head off the worst this time, Labour ministers announced plans on May 9 to extend debt-advice services and free legal representation to those at risk of losing their homes. Yet just days later, as Housing Minister Caroline Flint entered...