Word: brink
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...past two years, airlines have been avoiding the price wars that helped send Braniff into bankruptcy and several other carriers to the brink. But last week new skirmishes broke out. Regular coach fares between the East and West Coasts have been averaging $367 each way on United, American and Trans World Airlines. People Express, the three-year-old upstart discounter, set off the latest round of cuts by having a limited number of Boeing 747 flights between Newark and Los Angeles for $149 during the day and $119 at night. Said Larry Martin, a general manager at People...
When the Argentine military removed President Isabel Perón from office in a bloodless coup eight years ago, most of the country bid her good riddance. Inflation had reached astronomical levels, the country teetered on the brink of bankruptcy, and in the streets, violence, kidnaping and murder ruled. Last week, however, the irrepressible Isabel returned to the political limelight in only her second visit home since she went into self-imposed exile in Spain after the 1976 military coup. This time, Argentina welcomed the widow of Juan Perón as if she were a visiting head of state...
...completion of the first unit at Seabrook and prevent the bankruptcy of the plant's leading owner. Public Service Co. of New Hampshire. Work on the two-unit power plant had been halted in April when Public Service ran out of money and announced that it was on the brink of default...
...hardly apparent from the results of "Super Tuesday II." Mondale did win solidly in North Carolina (36% to Gary Hart's 30% and Jesse Jackson's 25%) and Maryland (43% to Jackson's 27% and Hart's 25%). But Hart came back from the brink to upset Mondale twice, in the key Midwestern states of Ohio (42% to 40%) and Indiana (42% to 41%). "Welcome to the fourth quarter," Hart told a jubilant throng of his supporters at Washington's National Press Club. "The message is clear. The Democrats and the people of this country...
Three others have already been convicted in the case. The defendants, who were drawn from such other vestiges of the '60s as the Black Panthers and the Black Liberation Army, claimed they planned to use the "expropriated" Brink's money to establish the "Republic of New Afrika" in the Southern U.S. Appearing chastened but calm, Boudin told Judge David Ritter: "I feel terrible about the lives that were lost. I have led a life of commitment to political principles, and I think I can be true to those principles without engaging in violent acts...