Word: clevelandism
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...first glance, Lincoln Electric, the $1 billion Cleveland, Ohio, maker of arc-welding equipment, seems like every other U.S. corporation trying to weather the current economic downturn--heartless. It is slashing overtime, cutting temps and applying an elaborate rating system to assess employee performance. But no matter how bad things get, or how low they score, workers at Lincoln won't flunk...
Mind you, the rewards are not small. Over the past three years, Lincoln has doled out nearly $200 million in profit sharing to its Cleveland employees alone. In 2000, the average bonus was $17,579, about 45% of an employee's salary; the top factory workers pull in more than $100,000 a year. When the firm faced its first loss in 1992, Lincoln even borrowed millions to keep the payouts coming...
...selling a surprising 716,000 copies in one week. Right behind it was Lateralus (Tool Dissectional/Volcano), from arty gloom rockers Tool, which came out at No. 1 a week before, displacing red-hot girl group Destiny's Child. (Weezer hangs in at No. 9.) Overnight--Hello, Cleveland!--kids were ready to rock again...
...Donnell attributes much of his sense of humor to the way he was raised—as a member of a “big, boisterous family” in Cleveland, Ohio...
...caused a reappraisal of the previous opening-up to Don King. The boxing impresario had always been inscrutable, speaking a language of double and triple entendres?and quadruple negatives?that made his pronouncements the subject of devoted Don-ologists who conjectured as to the inner workings of his Cleveland leadership compound. That Beijing chose to appease King is a tribute to the Chinese commitment to the very ideals King best embodies: bare-knuckle capitalism combined with the stench of corruption. (King lured IBF and WBC heavyweight titlist Hasim Rahman by reportedly giving him $500,000 in $100 bills, a check...