Word: clouted
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...rationale for the ocean-spanning super union is obvious and ubiquitous: globalization. Most of the companies that labor deals with are globe-straddling multinationals, yet unions remain national organizations. That's widely considered one reason why organized labor has endured decades of decline in overall membership and in clout. Thomas A. Kochan, co-director of the Institute for Work and Employment Research at the Massachusetts Institute of Technology, is convinced the Steelworkers and Unite will make the merger work, he says, "but it will take time; it's uncharted territory." He points out that since t he USW already...
China's past 25 years "have been the best in its 5,000-year history," writes Philip Pan in Out of Mao's Shadow, but it's a schizophrenic sort of success: the country's new prosperity and global clout have gone hand in hand with graft and repression. Pan, a Washington Post correspondent, argues that China's current woes reflect a desire by the Communist Party and ordinary Chinese to forget the lessons of its tragic recent past. Traumas like Mao Zedong's Cultural Revolution left many cynical, disillusioned and willing to exchange freedom for stability and growth...
...monumentally self-assured filmmaker, and a superb pitchman for his own projects, Shyamalan used his Sixth Sense clout to maintain his independence. Aside from making his elaborate movies at home, he'd play power games with the movie brass, allowing an executive just one afternoon to read his new script before returning it to him. That sort of bravado works only as long as the product sells. But when The Lady in the Water belly-flopped with $42 million domestic, Hollywood could finally say no to the wunderkind. The Happening is distributed by 20th Century Fox, but the list...
...easy fear to hype, given how opaque these funds tend to be. But even the most conspiracy-minded find it hard to work themselves into a panic over Norway's Government Pension Fund-Global. That's not to say it's lacking in clout. With assets of $382 billion at the end of March, it's the world's second-largest sovereign wealth fund, trailing only the Abu Dhabi Investment Authority, which weighs in at about $875 billion. Norway's fund, flush with money from the nation's oil and gas, has stakes in 7,000 firms - from Google...
...more important, different kinds of movies: the indie romantic comedy (sex, lies, and videotape), the all-star action spectacle (Ocean's) and the defiantly obscurantist conundrum (Schizopolis). His films can toady to an audience's prejudices (Erin Brockovich) or virtually say, "Don't watch me" (Bubble). He has the clout to get his projects off the ground and the work ethic to make them quickly: Che is his ninth feature this decade, not including shorter films and the TV series K Street. And he doesn't just direct his own films, he photographs them (under the pseudonym Peter Andrews...