Word: steeping
(lookup in dictionary)
(lookup stats)
Dates: during 1970-1979
Sort By: most recent first
(reverse)
...company reported earnings of $30 million last year, up 6.2% from 1968, but the need for improvement is clear. Passenger volume, which amounted to $326 million last year, no longer covers operating costs. Only a steep rise in the line's package express service made the bus operation profitable. The parent company, Greyhound Corp., has a great deal riding on the carrier's improvement. Though it is now in such varied fields as meat packing (Armour) and computer leasing, almost half of its earnings come from its transportation companies, of which the line is much the largest...
...precipitate a huge balance of payments drain unless American companies profit proportionately from the growing world demand for oil. For the foreseeable future, the oil-thirsty world will depend heavily on the bountiful reserves of the Middle East, for which the consuming countries will have to pay an increasingly steep price...
PRICE RISES will slow, though not to the 2.4% annual rate shown by the August consumer price index, which was an aberration caused largely by a drop in food prices. In addition, Robert Nathan points out, utilities are encountering steep rises in interest costs as they replace old bond issues with new borrowings at today's high charges. They are petitioning regulators for rate increases...
...moment, the main imponderable is how the Muskie bill will fare in the House-Senate Conference Committee. The House has already passed a bill generally weaker than Muskie's. His bill faces rough going in the Conference Committee because of its steep price tag and its potential impact on the auto industry. Insiders predict a compromise bill that will keep most of the stiff air-quality requirements for industry in general, while easing up on Detroit's deadline...
Militant Wildcats. The sharp rise in prices is exceeded only by wage demands unprecedented in scale, and by the militancy with which they are sought. Basic wage rates rose a steep 9.9% in the seven months from January to July, compared with 5.4% for all of 1969. By one estimate, there has been a daily average of ten work stoppages so far this year among the companies that supply parts to Britain's auto industry. Now a four-week wildcat strike by 5,000 metalworkers at GKN Sankey Ltd., a major manufacturer of car parts, has halted automakers...