Word: auto
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...past two recessions. The downside is that the replenishing period that the economy is enjoying may start with a bang but flatten because companies carry less inventory overall. "We can respond within a day or two," says Rodger Mullen, president of Schneider Logistics, which manages an auto-parts supply chain for GM. "Ten years ago the process took eight to 12 weeks." So he needed to carry more parts to be safe. Now he can play it safe with a lot less on the line, which is why we shouldn't expect too much too soon from this recovery...
...Columbia, the 92-year-old record label whose name is synonymous with enka (Japanese folk ballads). Then Ripplewood bought out Seagaia, a sprawling golf-and-beach resort on the southern island of Kyushu that plays host to Japan's best-known golf tournament. Ripplewood also purchased Niles Parts, an auto-parts maker...
...lotus position, is Luang Phi Pao, a young monk whose arms and legs are covered with tattooed mantras and serpents. He dips a pointed, 60-cm silver rod into blue black ink infused with Chinese herbs and snake venom. With a steady rhythm, he delicately jabs Niwet Paopunsri, an auto mechanic, inscribing the words The Heart of Lord Buddha in ancient Khmer on the small of his back. (That's Pao's specialty; other monks draw animals or religious symbols.) Finished with the inscription, Pao whispers a prayer...
...Harvard doesn’t have 9,000 acres of empty land. It has a little over 100 acres of new land in Allston—crisscrossed with railroad tracks and dotted with a television station, a Star Market and auto shops. And Harvard desperately needs the space to relieve overcrowding of academic functions...
...turn to its premier line - cars that don't sell in huge numbers but have high prices and wide margins - to more than compensate. "Only with premium brands can you make margins of around 8%" in an industry where the average is 3% to 4%, says Phil Dunne, auto consultant at A.T. Kearney in London...