Word: stiff
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...control the number of illegal aliens entering the U.S. in the future, the Administration is considering sanctions-presumably stiff fines-against employers who knowingly hire such immigrants. This approach is supported by the AFL-CIO, but has been bitterly resisted in Congress by farm-state representatives, notably Senator James Eastland of Mississippi, chairman of the Judiciary Committee, which would have to approve the bill...
Many Did Well. Yet for each downbeat performance, there were many companies that did well. Xerox, struggling against stiff competition in the copier field from Eastman Kodak, IBM and Savin, posted a 12% earnings rise, to $91.6 million, about equal to total company revenues 15 years ago. American Telephone & Telegraph, which last year became the first U.S. company to earn more than $1 billion in a single quarter, did it again in the recent quarter. Earnings were $1.09 billion, up 26%. Polaroid, expected to introduce its long-awaited instant movie camera at its annual meeting this week, earned $14 million...
...then nobody expected those gains to continue; last year's profits were rebounding from recession. The present level of profits still leaves many U.S. corporations awash in cash. That enables company treasurers happily to shun bank loans-too many of them angrily remember the stiff bank lending rates of 12% in 1974-and finance expansion internally...
...Radcliffe tennis team got some stiff competition during its Southern trip this past week in preparation for what should be a more successful season by comparison...
...divorcees are the lovely Cynthia Karslake (Blythe Danner), a sportive Cressida of the drawing room and the racing paddock, and Vida Phillimore (Rosemary Harris), a playful past mistress of the chaise longue. Cynthia has become engaged to the divorced Mr. Phillimore (Stephen Collins), a man as stiff as the judicial bench over which he presides. Vida is on the prowl for the charm-charged divorced Mr. Karslake...