Word: spates
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Lawmakers are now considering a spate of bills to protect U.S. companies. The most far-reaching is the so-called domestic-content measure, pushed by the United Auto Workers, which would require foreign automakers to include American parts in cars sold in the U.S. Under the bill, which passed the House last December and was reintroduced when the new Congress took office this year, 90% of the content of imports with annual U.S. sales of 900,000 or more would have to be American made...
...consumers as too gloomy a view, since the world is currently awash in a glut of oil that, according to some experts, may continue for a decade or more. The 1973 embargo and the 1979 supply interruption that followed the Iranian revolution helped spur reductions in demand and a spate of conservation measures. Despite a decade's growth in population, total domestic oil consumption today (15 million bbl. per day) is even lower than the level of 1973, an achievement not anticipated then. Autos made by the big three domestic manufacturers averaged roughly 12 m.p.g. in 1973; today, that...
...freakish spate of global bad weather could be ending
...outgrowth of the turmoil of the late 1960s and early 1970s. In the early 1970s, the University was confronted with the question of how to vote on the increasing number of shareholder resolutions that were introduced in companies in which Harvard had large stock holdings. To deal with this spate of resolutions, President Bok established the ACSR in 1972. Its stated purpose was to examine each proxy resolution presented to shareholders of companies in which Harvard has holdings, and advise the Corporation how Harvard should cast its vote...
...response to this recent spate of ACSR votes, Calkins announced late last month that the Corporation would begin investigating the possibilities of prescreening companies. Earlier in the spring, however, Bok reaffirmed his 1978 South African statement that Harvard does not consider divestiture an effective way of expressing disapproval of the apartheid regime...