Word: u-turn
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...exactly a U-turn, it was a sharper swerve in the right direction than anyone could have expected in, say, 1980, when Chrysler Corp. set a record by losing $1.7 billion. Last week Chrysler reported profits of $170.1 million on sales of $10 billion for 1982, its first year in the black since 1977. Said Chrysler Chairman Lee Iacocca: "We are poised for what I think is a big turnaround as the economy turns around...
...latest report, however, had little effect on the stock, doubtless because security analysts had anticipated that the year would turn out as it did. Now they are waiting to see if the new cars Chrysler will begin selling this fall will enable Chairman Iacocca to complete his half-finished U-turn...
...jubilation did not last long. Though interest rates continued to ease fractionally lower, the short-lived rally fizzled, and by Wednesday the Dow industrials had sagged back nearly to their Monday-morning starting point. The U-turn decline of 12.94 marked the steepest drop since Feb. 22. Worse still, by week's end the drooping 30-stock average had declined even further, plunging another 11½ points on Friday to close at 784.34, the lowest since April...
...helps me in this. Without it, I would drop on my face and die, because I am very tired. I think every man needs at least half an hour per week in church to look at what's back there?ruins and things burned out. Can I make a U-turn? Is there still enough time to retreat? A man needs this moment of stopping and paying some attention to himself...
...closing session, Thatcher was defiant: "We shall not be diverted from our course. To those waiting for a U-turn, I have only this to say. You turn if you want to-the lady's not for turning!" Despite the cheers on both sides of the party, there is anxiety that Thatcher may not be able to turn around the economic woes by election time. Ahead this winter is an unavoidable showdown between the government and public service workers over pay increases that will severely test her policies. If that confrontation goes badly-and some militant union leaders have...