Word: stricter
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...entire court hedged its anti-labor executory definition by adding, "Because of the special nature of a collective-bargaining agreement.... a some what stricter standard than the business judgement' standard applied to authorize rejection of an ordinary executory contract should govern the Bankruptcy Court's decision to allow rejection of a collective-bargaining agreement...
Needless to say, the one-day primary should be accompanied by reforms, in order to rejuvenate fully the American electoral process. These reforms include stricter limits on candidates' spending, government subsidies for candidates' basic exposure needs, abolition of thresholds for delegate selection, simpler registration procedures, and easier-to-understand ballots...
...answer to the deficit problem, said Volcker, "is not easier money." The Reserve Board announced that its monetary targets will be slightly stricter this year than in 1983. Its goal for M 1, the basic money supply, which includes mainly currency in circulation and checking accounts, will be 4% to 8%, down from 5% to 9% last year. Said David Jones, chief economist of Wall Street's Aubrey G. Lanston investment firm: "The Fed has thrown down the gauntlet to the Administration, saying, 'We will not monetize the deficit even if this is an election year.' " Volcker...
...retrenching to cut their losses. One tough move was aimed at the many depositors who habitually overdraw their bank accounts between monthly paychecks. The banks have begun charging stiff monthly rates of up to 16.25% for overdraft privileges, compared with some 13% in December. Other steps have included stricter credit-card policies and a 20% increase in fees and commissions on most transactions...
Last week, amid great expectations, Michaels returned. Not to the low-key late-night schedule, but to the hour of reckoning: prime time. And not for a loose-limbed 90 minutes but for a stricter 60. The question that hovered over the whole endeavor: What could he do for an encore without cannibalizing his own success...