scale back

Large buyers like Constellation Brands, known for its Modelo beer but which also has a roughly $900 million wine business, have been buying fewer grapes in recent years as they scale back their wine ambitions—a trend that has accelerated this year.

GM’s exit from the Indian market was part of a strategic decision at that time to scale back money-losing international operations to invest in electric vehicles, analysts said.

“It is normal for debt growth to scale back in high-rate environments, and that’s what we’ve seen,” said Neha Khoda, head of U.S. credit strategy at Bank of America’s research team.

California is one of a handful of states that does in fact offer healthcare to undocumented people, though budget shortfalls forced Gov. Gavin Newsom to scale back that plan.

McOsker, who also sits on the budget committee, said he was not satisfied with Gibson Dunn’s effort to scale back the amount it is charging the city.