Word: hike
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...result, retail prices of Parmesan in many stores have nearly doubled, from $2.70 a pound in midsummer to $4.70 a pound currently. The price hike caused an outpouring of rage. "Bastaf" cried desperate Italian housewives, forced to turn up their noses at the fragrant wheels stacked on their grocers-shelves."When Parmesan went up to $4 a pound," said one Milanese widow living on a pension, "I told my grocer to eat it himself...
...before the time of the Arab embargo in 1973. Now, the consuming countries are about to pay the OPEC piper for their neglect. In mid-December, oil ministers of OPEC'S 13 member nations will gather in Qatar. "Are we going to hike our prices?" asks Iran's Hamid Zaheri, OPEC spokesman. His answer: yes. The only real question is how much...
Data Resources, Inc., a Lexington Mass., consulting firm, has worked out-what impact oil-price rises of varying sizes would have on the U.S. economy Its computer studies indicate that a 10% hike would have only a "marginal" effect, because the nation still has price controls on almost all of the oil that it produces. A 25% boost would lower real gross national product by .7%, or $9.1 billion, by the end of 1978-enough to slow the recovery measurably...
...company and the Air Line Pilots Association have since pared the list of demands to around 150. Money is no longer a major stumbling block. The company has offered a 35% hike over three years, retroactive to Nov. 1, 1975 It would raise the pay of senior captains flying Continental's Boeing 727s from $47,364 to $66,600 a year, plus more than $14,000 in benefits; salaries of senior DC-10 captains would go from $58,248 to $79,200, plus more than $20,000 in benefits. The key problem is that the pilots also want...
...university is wary of a quick settlement with the SEIU on the terms requested by the workers because any pay hike might have to be duplicated for all non-union workers on the campus. "They can't, for obvious reasons, make it look like the union gets better benefits for workers," one union negotiator says...