Word: bleakness
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Dates: during 2000-2009
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...pension crisis will likely aggravate an already bleak financial outlook for many companies, and may stimulate a debate about retirement policy in this country. Already, President-elect Barack Obama has moved swiftly to address the worsening economic and financial crisis. Now, a key question is how, or if, President-elect Obama delivers on his campaign proposal to require companies that don't offer employee retirement plans to enroll workers in a direct-deposit IRA account, which may help many low- and middle-income people participate in retirement programs for the first time. "You can't have companies going from...
...political message, Morris and music director David H. Miller ’11 decided to include a deleted song, “Fold Your Flapping Wings.” Infrequently performed, the song was cut early in the show’s initial run because reviewers found it too bleak for a light comic operetta. “In today’s cultural climate, a song being too dark is not a good reason to not do it,” Morris says. “The song emphasizes the more serious side and the social commentary...
Iceland knows a bit about kicking the fossil-fuel habit. At the turn of the last century, life on the isolated island was bleak. It had been among the poorest nations in Europe for centuries, and a smoky haze choked Reykjavik, thanks to the coal inhabitants burned during the interminable winters. In the 1930s, Icelandic engineers successfully diverted underground water to heat an elementary school, and the rest of the capital slowly followed suit. When the global oil crisis hit in the 1970s, efforts to turn this local resource into electricity - by drilling holes into underground heat pockets and reservoirs...
Black Friday is over, and retailers are breathing at least a small sigh of relief. Results were not as bleak as some feared; consumer spending rose a surprising 7% over last year. Now websites are kicking off their own holiday shopping season, and hopes for similar results are high...
...increased only 3 percent from last year, and all local business owners acknowledged feeling the effects of the slowing economy. At the Adidas Store on Mass. Ave., where employees handed out coupons mimicking back-stage passes that offered passers-by the chance to win gift certificates, managers were decidedly bleak about business prospects. “Not well,” said Assistant Manager Maria S. Lacuesta when asked how Black Friday sales at the boutique were progressing. At major retailers in Harvard Square—The Gap, Eastern Mountain Sports, and Urban Outfitters—traffic throughout Friday afternoon...