Word: cars
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...drives what it calls a "global center of excellence for diesel engineering." These days, however, the 394-ft. (120 m) structure seems to punctuate the cry of pain that was once a busy shopping street in this hardscrabble East London suburb. Ford Dagenham produced as many as 340,617 cars annually and employed 40,000 people at its peak in the 1960s. Ford's diesel-engine plant, the only business left on the 475-acre (192 hectare) site, has a workforce of just 4,000; also gone are 60,000 other jobs that depended on the car industry...
...Britain's notoriously tetchy industrial relations and high costs, many companies chose to relocate their factories to countries offering more pliant workforces and cheaper real estate. With the strength of the pound making its Dagenham plant look wincingly expensive compared with similar subsidiaries in other countries, Ford closed its car-production lines there in 2002 after 71 years. Dagenham MP Cruddas describes the resulting job losses and social tumult as "globalization ripping through a microclimate at great speed...
...precocious daughter through the usual cultural paces--lessons in ballet and tap as well as several musical instruments--but the family movie palace is where Tharp got her first real feel for an audience. She'd work at the snack bar and sit in a junked car way up front to watch the movies--westerns, musicals, horror-film fright fests on Friday the 13th. Whenever a plot started to drag, Tharp would have to hurry back to the concession stand. "I learned about pacing," she says. "Suddenly the movie gets a little boring--you knew there was gonna...
...know that if we don't pay our mortgage, our home can be foreclosed on. We know that if we don't make our car payments, our car will be impounded. But I bet not every small-business owner fully gets that if you sign a personal guarantee for a loan or line of credit and your business ends up defaulting, everything you own can be seized, including your house, wedding rings and, in some states, joint bank accounts. Your wages can be garnisheed, as can your life-insurance policies. Bottom line: anything that looks juicy to the bank...
...man’s hand came out without the weapon, and Ellison pulled him out of the car through the open window. Crisis averted...