Word: clouts
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Dates: during 1990-1999
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...while love in bloom may dazzle audiences, in the music business it can incite suspicion and jealousy. Some agents and managers hint darkly that Alagna has used his clout to get plum recording deals for Gheorghiu. Others say Alagna doesn't need to throw his weight around; Gheorghiu can scheme quite nicely on her own. Certainly some intricate maneuvering took place during negotiations for a new recording of Romeo et Juliette, masterminded for RCA by Placido Domingo, who plays the hero. Gheorghiu backed out of a pledge to the project--but guess who she will record the opera with...
What this contraction of services will mean for consumers produces a yin-yang split in perception. Optimists predict that the half-dozen or so remaining big players, with their enlarged networks, will have the clout to force doctors and hospitals to hold down medical costs, which will stabilize premiums for individual and corporate customers. "We're the only mature industrial society on the face of the earth that doesn't like big," says Compton. "Which would you rather have? [A few] real efficient giants competing with one another, or 30 or 40 companies that don't have that scale...
...Whitman adds that the U.S. should employ its considerable economic and political clout to "pry open the markets of other nations for our benefit and the benefit of the world economy." Global liberalization is indeed a worthy cause, but only if promoted within a multilateral framework, such as that offered by the much-maligned World Trade Organization...
...response to the pleas of Hla-Tint and activist groups may have more than economic clout with PepsiCo...
...tires that are giving consumers more bargaining power in a business famous for high-pressure salesmanship. Reason? Online shoppers can get information that dealers once kept to themselves--for instance, what the dealer paid for that beauty he wants to sell to you. Consumers are also riding the buying clout of warehouse clubs like Sam's and PriceCostco, which now arrange sales and leases. In response, old-line dealers are creating auto superstores, where customers can choose from vast selections of new and used models tagged with no-haggle prices. "We have not seen anything like this in 75 years...