Word: blockings
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Dates: during 2000-2009
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Whereas many retail insiders counted out the beleaguered department store?assuming it would be sold off in pieces once it was put on the block in January 2006, after Federated merged with May Co.?Baker saw a chance to revitalize an iconic brand name. He and his three NRDC Equity partners (one of whom is his father Robert Baker) bought the property for about $1.1 billion, a small stake in Federated's $27 billion business in annual sales. "What we liked about Lord & Taylor was that it had great DNA, a very solid management team and a large amount...
...employees and nearly 270,000 retirees. The company wants to fund a health-care trust, administered by the UAW, to pay for retirees' medical needs. The union's old contract expired Sept. 14, and the creation of that trust has emerged as the principal stumbling block to a new one. An eventual deal looks likely; the two sides are haggling furiously over exactly how much GM will pay into the fund. Its outcome could set a new course not just for the U.S. auto industry but also for every private and public employer facing onerous retiree costs as the population...
...employee No. 1. Next, a second temporary home in a worn-down office building abutting a sprawling slum. When rains flooded the streets, many employees chose to stay the night rather than wade through the filthy water. Entwistle points out the Dumpster that the firm donated to the block, as well as the spot where the generator truck running the trading floor used to park. "When you're working out of a dump, you know you've really got people's loyalty," Entwistle says. Another benefit, he notes wryly: "It's not hard to get them...
...China's role there. Then in March, actress Mia Farrow wrote a column for the Wall Street Journal calling for a boycott of what she labeled the "Genocide Olympics." The campaign may have had some effect on Chinese behavior. After using its vote on the Security Council to block U.N. intervention in Darfur for four years, Beijing reversed course in July, endorsing the creation of a force of 26,000 soldiers and police officers to uphold a peace agreement between the Sudanese government and rebel forces...
...March 14 block and the pro-Syrian opposition led by the powerful militant Shi'ite Hizballah have been at loggerheads for months over the identity of the next President. In Lebanon's sectarian power-sharing system, the presidency is reserved for Maronite Catholics. Several contenders have announced their candidacy, although no clear consensus has yet emerged that would satisfy both factions. The March 14 block is pushing to elect one of their own, but the opposition has threatened to form a second rival government if an acceptable candidate is not found...