Word: turnarounds
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...More than just watching the backstage story unfold, however, the chroniclers of Broadway love to play a part in it. This kind of pre-opening brouhaha generally can have only two satisfying endings. First scenario: a determined creative team works through the problems, pulls off a miraculous turnaround, and the show is a surprise hit. Second (and more frequent) scenario: the troubles really do turn out to be as bad as everybody suspected, no one can fix them in time, and the show is a big, sloppy, they-got-what-they-deserved flop...
...impressive rise in gross domestic product (GDP) was fueled by strong exports, consumer spending and housing-related expenditures. Business spending increased 11.1%, the second straight quarterly rise for a sector that's critical to any sustainable turnaround. Corporate profits for firms in the S& P 500 are expected to be up 20%, on average, from a year ago. And consumers continue to anchor the economy. The summer tax cuts pumped $13.7 billion into their wallets, igniting a 6.6% rise in spending. "Consumers spent aggressively on everything from cars to homes," says economist Mark Zandi of Economy.com...
...time face payroll deductions (up to $105 a month) for health insurance. (Deals with Boeing's 58,000 unionized workers are negotiated separately.) Boeing's health costs, says spokesman Ken Mercer, are rising 15% annually and are projected to hit $2.5 billion by 2005. Boeing doesn't expect a turnaround in the airline industry until at least that year, meaning that health-care costs will probably grow faster than revenues...
...We’re proud of the progress we’ve been making with the men’s hockey program,” Scalise said this week. “Five or six years ago, we were in a turnaround situation, and now we’re competing regularly for the ECAC championship, which is very encouraging...
...aberrant quarter doth not a recovery make. We cannot say that we are out of the woods until job growth matches Bush's jobs lost. We need a return of high paying jobs to the economy to see a true turnaround. Catherine S. Payne Westminster, Colo...