Word: discounted
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...discovered it was true in an unexpected sense: if purchased at retail, the Inaugural wardrobe would cost about $46,000. Hyde carefully pointed out that the First Lady's favorite designers are often just too happy for Nancy to showcase their creations and thus sell to her at a discount. The costumes Nancy was scheduled to wear included a hand-beaded, art deco ball gown by James Galanos worth $22,500 and an electric blue dress-and-coat set by Adolfo priced...
...Wall Street, American's move looked like an attempt to get out in front of the competition by jumping off a cliff. Many airlines are already losing money, and discount fares may mean bigger losses. Stock prices of all the large airlines that joined in last week's fare war fell sharply. American went down 2 7/8 points to 34 1/4, while United dropped from 47 5/8 to 43 7/8. Even shares of Boeing and McDonnell Douglas, the two major civilian aircraft manufacturers, were hurt, since the fare war may cut demand for planes by driving some carriers...
...offered a glimpse into the workings of television. Most of the field reporting was of course done not by Correspondent Wallace--that is not his job--but by a CBS producer, George Crile. His task was difficult. In sorting through events more than a decade old, Crile had to discount the prejudices and bitterness left over from a war riddled with ambiguities. His sources sometimes waffled and contradicted each other. After 80 interviews, Crile had to whittle down dozen of hours of videotape and volumes of information into a tight 70-minute package. By necessity, most of the evidence wound...
...policymaking arm, met behind closed doors early in the week to discuss monetary strategy. On Friday after the stock market closed, the Federal Reserve lowered the rate it charges on loans to commercial banks, from 8½% to 8%. The Fed was charging 9% for such discount-rate lending a little more than a month...
...cutting began in earnest in July, when IBM slashed the cost of the basic one-diskdrive model from $1,269 to $999. In mid-October, the company offered dealers an extra $250 rebate and encouraged them to pass on the savings to customers by selling the machine with heavily discounted software and peripheral equipment. By November, computer stores were offering a computer-and-color-monitor package that once went for $1,698 for under $900, and some discount houses were selling it for even less. Now, in the final shopping days before Christmas, the PCjr is undercutting the competing Apple...