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Japanese companies were able to aggressively move into the U.S. and European car markets in the 1970s and 1980s to a large extent because of their low labor costs. The Japanese auto firms created brands, instead of acquiring them. Toyota (TM) and Honda (HMC) developed reputations for quality and service that often eclipsed those of their competition in the West...

Author: /time Magazine | Title: China Takes On the Global Car Business | 4/20/2009 | See Source »

...study noted. The remaining 5 percent of players studied bet in excess, buying a median of $116.13 in chips at 10 sessions per week. Although the number of people participating in online gambling is contested, the study showed that the percentage of problem gamblers has barely changed since the 1970s, hovering around 0.6 percent of the United States population. Andrew M. Woods, the executive director of Harvard Law School’s Global Poker Strategic Thinking Society, said he did not find the results of the study surprising. He asserted that poker is less like gambling and more like...

Author: By Laura M. Fontanills, CONTRIBUTING WRITER | Title: Smaller Risk of Addiction in Web Gambling | 4/19/2009 | See Source »

...recession is delivering a dose of sobriety, and stoking fears in places like Allendale County, S.C., 200 miles away. Allendale County's unemployment rate stands at 23.4%. Ronnie Jackson, the mayor of the town of Allendale, population barely 3,700, says the town's decline started in the 1970s, when the old Route 301 was replaced by I-95 as the main connector to Florida. The town lost motels and restaurants, says Jackson, the mayor since last November. But the more recent closure of a nearby carpet factory, with the loss of some 200 jobs, deepened the problems...

Author: /time Magazine | Title: Southeastern States Are Hit Hard By Recession | 4/18/2009 | See Source »

...name, staff members are always looking for new ways to make their books more relevant to the modern reader. For example, catchy design can make a scholarly work more accessible. Recently, the Press reissued the John Harvard Library, a series of American writings originally printed in the 1970s. Stormy blue-grey portraits of individual authors appear on the covers of each edition. The portraits, by contemporary artist Robert Carter, add energy to the old writings. “It gives a new feeling to these figures that people have just seen in dusty gilded frames and old galleries...

Author: By Madeleine M. Schwartz, CRIMSON STAFF WRITER | Title: A Pressing Situation for Books | 4/16/2009 | See Source »

...eliminations throughout his distribution group. Such exceptional French acts of intimidation didn't begin with the current recession. Bossnappings have been occurring sporadically in France in response to major staff cuts since 2000, after having been central to frequent factory occupations by radical labor unions in the 1970s. (Read "Massive Strikes Close France...

Author: /time Magazine | Title: Why the French Love to Strike | 4/16/2009 | See Source »

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