Word: boom
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...state could collect up to $431 million in royalties and taxes on the oil operations next year but still could use more. With the end of the pipeline building boom, Alaska's unemployment rate has doubled, to 15.4%. Gone are the weekly wages of $1,000 and more. The high pay kept labor strife down but drove pipeline costs up. As Assistant Secretary Martin acknowledges, "The pipeline traded money for time." Some $250 million worth of campsites along the route have been shut down and put up for sale. Only about 1,000 people will continue to manage...
Many of the changes began well before Franco's death. The liberalization within the church, for example, started slowly after the end of the Second Vatican Council in 1965. Other changes were triggered by the economic boom of the 1960s, which made Spain the world's ninth largest industrial power and spurred a major rural-population shift. Immigrants from the poor south and Galicia moved to Madrid, the industrial Basque provinces and Catalonia. In 1960 four out of 100 families owned a car; today...
...Star Wars finds avid listeners among investors and stockbrokers disgusted by the aimless zigs and zags of a dispirited market. The price of shares in 20th Century-Fox, the maker of Star Wars, has more than doubled since the film opened in 32 theaters four weeks ago, leading a boom in movie and entertainment stocks generally. MGM has roared from $16 to $24.25 this year, Columbia Pictures shares have doubled to $15.75, and even Boston-based General Cinema Corp., a theater chain, has become an investors' favorite. Says Columbia Executive Dan Melnick: "It's a reflection...
...have done little more than scale down existing models to meet the challenge of foreign competition. Chevrolet's Vega has been a dud; the Chevette is cramped and lacks style, and so does Ford's Pinto, despite its healthy sales. Detroit does share indirectly in the import boom through sales of autos built abroad by subsidiaries or affiliates of U.S. companies. That includes such models as the Dodge Colt, the Plymouth Arrow and the Buick Opel, all built in Japan, and the Lincoln-Mercury Capri, assembled in Germany. Ford expects to roll out its German-made Fiesta...
...about to inquire, "Tennis, anyone?" like a summer-stock juvenile. As a general whose troops are surrounded almost the minute they hit the drop zone, Sean Connery is suitably glum. Liv Ullmann and Laurence Olivier play long-suffering Dutch locals caught up in all this boom-boom in humble, long-suffering style...