Word: turnoveritis
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The rising profits were caused mainly by higher sales, typically up 12% or more. Because operating expenses remained roughly the same as last year, when sales were slow, much of the increase in turnover spilled into profits. Among the 19 large oil companies, only two-Exxon and Occidental-showed slight...
As more than 1.5 million foreign workers have arrived to labor on development projects, rents have soared 600% in 18 months to ridiculous levels. A house in Jedda rents for $2,200 a month. Foreign firms are required to bring along prefab housing for their workers. Turnover is high among...
Which rides are better? As in all things, it is a matter of taste. Loops and corkscrews probably offer the rawest thrills-unadorned, mind-bending, stomach-stretching terror. Sans a 360° turnover, however, metal coasters are somewhat tame-too quiet and too smooth, and lacking the wooden coaster'...
New fast-food outlets, typically emphasizing limited menus and rapid turnover, sprout on highways, city boulevards and small-town streets like mushrooms (which they often architecturally resemble). For every dollar spent on food eaten away from home, an estimated 40? goes to fast-food emporiums. The total sales this year...
Faced with overpowering U.S. competition on world markets and suffering from the commercial flop of Concorde, the French aviation industry needs restructuring into a single, strong entity. Observers reckon that little by little, Dassault will be moved into the orbit of government-owned Aérospatiale, the biggest aircraft company...