Word: risen
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...that seemingly fatal plume developed on the booster's side? The panelists kept asking about the unusually cold weather at the launch site. The temperature had dropped to 24 degrees F early that morning and had risen to only 38 degrees at the 11:38 a.m. lift-off. Buffeted by overnight winds of up to 35 m.p.h., the shuttle had gone through what meteorologists call a "cold soak," conditions more severe than those at any of the previous 24 shuttle launches. NASA manuals say that the solid fuel in a booster should be ignited only when the rubber-like mixture...
...persuade the company to move to Sac City, town developers, in addition to supplying free manufacturing space, promised to pay its moving expenses from Minnesota, finance equipment and even supply some operating capital. The total: $175,000. As of last week, in just 24 days, the thermometer had risen to $165,000. The money is being raised by telephone solicitation and house-to-house canvassing. Cash is flowing in from savings accounts, mattresses, old socks and garage sales. Older farmers in surrounding Sac County, whose debt is low because their land is paid for, have dug deep and made contributions...
More recently, labor costs grew too quickly. While Pan Am and United have withstood expensive strikes in order to win cost concessions from their workers, Eastern has kept flying by allowing salaries to spiral upward. Since 1979, in fact, pay for the carrier's employees has risen by 50% or more. One result: Eastern's pilots make an average of $112,535, while their counterparts at People Express are paid...
...corporate weakness, a decline in capital investment, may soon appear. A Government survey released last week reported that U.S. businesses, after adjusting for price increases, will curtail their spending in plant and equipment by 1% in 1986. This year, in comparison, it is estimated that these expenditures will have risen by more than 5%. In 1984, when the recovery was at its peak, capital investment surged...
...optimism on Wall Street in recent weeks is shared by traders abroad. Since January the London Stock Exchange has risen a record 53.1%, and West Germany's market 99.6%. In Milan, the main Italian market is up 114.1% for the year, while France's has experienced a 52.8% rise. Morgan Stanley's Biggs says that this "world stock-market surge" shows that investors anticipate a * "synchronized worldwide expansion." During the past few years the U.S. economy has been strong, while Europe limped along with low growth. Now Europe is moving forward quickly, even though the American expansion has slowed...