Word: drastically
(lookup in dictionary)
(lookup stats)
Dates: during 1980-1989
Sort By: most recent first
(reverse)
When the beer industry was in its heady heyday, brewers saw little reason to give discounts. But in these sober times, sales have gone flat, and brewers are ready to use drastic measures to defend their place in America's coolers. Last week market leader Anheuser-Busch announced an aggressive round of price cuts in response to markdowns by its archrivals, notably Miller Brewing and Adolph Coors. Anheuser-Busch will cut the prices of its major brands, including Budweiser and Michelob, by as much as 25 cents a twelve-pack to match competitors. The company says the markdown is necessary...
Experts in the both the academic and business communities said they were elated by yesterday's stock market recovery after Friday's drastic plunge, but there were mixed opinions as to the long-term economic significance of the fluctuations...
...Obviously we can't have a fall as drastic as we did on Friday and not have an impact," said Faigen. "Exactly how much of an effect--we will see over the next few trading sessions...
Despite Gorbachev's original inclination to take quick and drastic action, he hesitated to go as far as some had demanded, and initiated the bargaining session that sharply reduced the scope of the emergency plan. After the vote, Gorbachev seemed to recognize that he had presided over a new chapter in Soviet history. "I think we've done the right thing," he said. Even the more moderate measures may help cool the rash of strikes. More important, one of Gorbachev's crucial reforms seemed to be working: an elected legislature had debated and bargained its way to a sensible compromise...
...Smith Corona, Brooks Brothers and Pillsbury (all British); General Electric TV sets and home electronics (French); Wilson Sporting Goods (Finnish); and Carnation (Swiss). Last year foreign investors acquired nearly 400 U.S. businesses, worth a total of $60 billion. That was 61% more than the previous year and represented a drastic quickening of the pace five years earlier, when overseas buyers took over 111 companies, valued at just $2.2 billion. Foreign owners now control more than 12% of all U.S. manufacturing assets and employ 3 million American workers...