Word: losses
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Dates: during 1980-1989
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...worse than anyone had feared. After 19 years of uninterrupted growth, Saatchi's pretax profits for 1989 collapsed, dropping from $217 million last year to just $34 million, an 84% decline. After taxes and other provisions were deducted, the world's largest advertising firm reported its first net loss, of $92 million...
...noting that "we ought to pay our respects to Andrei Dimitreyevich." Approached by reporters, Gorbachev delivered a eulogy of his own, hinting at his genuine feelings for the man who had so often challenged him to move further and faster toward overhauling their struggling country. "It is a great loss," he said. "You could agree or not agree with him, but you knew he was a man of conviction and sincerity. He was not a political intriguer. I valued this...
...reactionary conservatives. They make up a bizarre patchwork quilt: hard- line trade unionists and factory workers from groups like the United Worker's Front who oppose a "return to capitalism"; military officials angered by plans to convert defense factories to civilian use; entrenched party apparatchiks who fear the loss of position and privileges; and Russian nationalists who hanker after the Czarist past, many of them aligned with the reactionary Pamyat (Memory) movement. Whatever their ideological differences, the conservatives are united by a concern that the reforms are moving too fast and bringing in alien Western ideas that are pushing...
After its first annual loss in 19 years, the world's biggest advertising firm hopes for help from new chief executive Robert Louis-Dreyfus. -- The Food and Drug Administration is ailing...
...budget by setting a floor level of $500 million, vs. the current total of $492 million. Their proposal would also provide the FDA with a single facility -- currently, it is spread across 22 buildings in Washington, from converted chicken coops to renovated Army barracks. Even regulated industries, fearing a loss of consumer confidence, are demanding a stronger FDA. The agency, as former FDA official Peter Barton Hutt puts it, "is a precious national resource, and we shouldn't squander...