Word: churning
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...exemplifies the cosmopolitan business Elite in China's coastal cities, leading the export charge that explains why Magic Chef refrigerators and seemingly everything else on sale at the 3,500 Wal-Mart department stores in the United States say "Made in China." Each year Gong and his team churn out $13 million worth of tennis shoes, cross-trainers and sandals for American Sporting Goods' Avia brand. That works out to about 6,000 pairs a day, ready for export. China, meanwhile, is clamoring for membership in the World Trade Organization, which will make the nation an equal partner...
...Nilsson's 1968 composition "One" with a rap section thrown in. The juxtaposition of sixties pop with contemporary beats and rhymes is silly, self-consciously experimental, and ultimately beautiful -the Beta Band in a nut shell. If they and their fellow nod-inducers from across the Atlantic continue to churn out tunes of this caliber, we shall not want for lush, trippy ear candy in the '00s, and so we must be grateful for this miniature British invasion. Cohesive themes? Maxims to live by? Don't scratch your copy of Sgt. Peppers...
...says. But others in the industry regard Wong as the problem. Two years ago, Shu Qi had numerous chances for a break into big roles; many thought she could become a Chinese version of the young Juliette Binoche. But Wong kept her on the treadmill, keeping up with the churn-out-the-crap-fast mentality of the local industry. Hong Kong chews up and spits out its starlets at stock-market speed knowing that in 10 minutes they could all be dinosaurs. "At the beginning everyone wanted this Cinderella fairy tale to come true," says director Yonfan. "But she became...
Expansion in any business demands loyal talent. But restaurants are notorious for their disposable alliances. The annual rate of churn for managers can be as high as 80% to 100%, says consultant Ron Paul of Technomic. "But even a well-run, independent, high-end restaurant has 25%-to-50% turnover," he notes...
...toll. At Southern University, a traditionally black school in Baton Rouge, La., retailers J.C. Penney and Mervyn's have cut their interviews by two-thirds. "The options for students are becoming more limited," says Kris Tiefenthaler, the director for college relations at Sears Roebuck. But retailers have high churn rates, so Sears--which recently announced store closings and layoffs--is sticking to plans to hire 200 new grads this year...