Word: loaded
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...Wickes Corp., a $2 billion San Diego lumber and furniture seller, bought Gamble-Skogmo, a struggling Minneapolis-based retailer, in an attempt to ease its dependence on the highly cyclical housing industry. Wickes executives were enthusiastic at the time, even though the deal doubled the company's debt load to nearly $2 billion. After both the housing and the retailing businesses unexpectedly went into a simultaneous slump last year, Wickes ran up huge losses that could exceed $80 million. Chairman E.L. McNeely last month resigned under pressure from the company's lenders. A new boss, Sanford Sigoloff...
Meanwhile, the Huskies O'Route kept the Harvard bats silent until only two outs away from victory. In a last-ditch effort the Crimson managed to load the bases in the bottom of the seventh, but Northeastern reliever Dave Seropiant induced Allard to ground out to second to end the game. First Game ab r h bt Sullivan,cf 3 2 1 0 O'Malley c 4 2 2 1 O'Leary dh 3 1 1 0 Carr,dh 4 0 3 3 Carey,3b 3 0 2 0 Bates,if 3 0 1 0 Gulney...
...Airlines in a Nose Dive" [March 22], you pointed out Pan Am's falling load factor and said, "TWA's [load factor] dropped even further in the first two months of this year to 49.1%." Untrue! TWA's load factor rose by 1.7 percentage points in the first two months of 1982 to 53.2%, reflecting our continuing program of reducing excess capacity-the plague of the industry...
...Because of its shrunken ranks, the IRS will audit only some 1.6% of the returns filed this year, compared with 1.8% last year and 5% in 1964. The Administration now wants to add 5,225 employees to the IRS staff next year to help cope with the massive enforcement load...
...Haydn could call on a large cast of silent extras to provide plenty of spectacle, and the theater's sophisticated stage machinery-which could transform settings from a pleasant garden to an enchanted wood or a glorious hall-was expected to carry a good deal of the dramatic load...