Word: trimly
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Dates: during 2000-2009
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...Kerry Sieger were a stone age hunter-gatherer instead of a 21st century molecular biologist, chances are she would have the taut, trim body of her dreams. In college, however, Sieger underwent such a dramatic weight gain that, ever since, she has been a size 6 butterfly struggling to emerge from a chrysalis of size 20 clothes. Over the years, she has tried a succession of diets--the Scarsdale diet, the Nutri/System diet, the Michael Thurmond 6-Week Body Makeover diet, even the cabbage-soup diet--but the pounds she has repeatedly lost have relentlessly crept back...
...boom-time levels. The economy, after all, is unlikely to be cruising along at the breakneck pace of the '90s. Overall, business travel has fallen more than 20% since 2000, according to the Business Travel Coalition. As many as 80% of road warriors surveyed by the coalition plan to trim air travel even more this year, and nearly three-quarters think some of the cutbacks will be permanent. Phil Condit, CEO of Boeing, has said that at least 10% of the peak business-travel demand could be gone forever. No wonder the S&P Airlines Index is off 37% this...
After being pummeled by the discounters, the major carriers might be expected to make a better effort to compete on price. And at least initially--as hurting airlines do anything to lure passengers on board and bankrupt carriers have more flexibility to trim costs--that may be the case. But in the long run, as the major carriers further cut capacity and eventually consolidate, it's likely that most domestic fares--which declined on average almost 10% in June and are now near 15-year lows--will start to inch their way back up. One reason is that in order...
...long as he doesn't actively manage them, has been widely derided as toothless. Yet Italian voters don't seem too bothered by his conflicts of interest. A graver threat is the imminent showdown with CGIL, the country's largest labor union, over the government's efforts to trim Italy's job-protection benefits. While two more moderate unions agreed to a labor-reform package Friday, CGIL chief Sergio Cofferati wants a referendum on the issue and vowed to call a general strike in the fall. But Berlusconi might prevail here too. His party and its allies in the National...
Since Jan. 1, Tyco shares have fallen some 80%, hitting a six-year low of $10.10 on Friday. Late last week the debt-rating agencies S&P and Moody's downgraded Tyco's debt, fueling worries that the company, which is trying to trim its $27 billion in debt--$12.8 billion of it coming due in the next 18 months--could be caught in a cash squeeze. Tyco announced last week that it may have to delay the IPO of its CIT financial division--which was expected to raise $5 billion in cash--because of concerns...