Word: contractive
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...that this is a month of relentless gaiety. News events of August include the collapse of 330-lb. William ("the Refrigerator") Perry at the Chicago Bears football training camp; the Bears' defensive coach called the overstuffed Refrigerator, who has a four-year contract worth $1.3 million, "a wasted draft choice and a waste of money." Other news: road repairs in Duluth, Minn.; the annual reunion of the 450-member Robinson family in Cleveland; the opening of a shopping center in St. Louis, where a time capsule received contributions of old draft cards, snapshots of pet dogs...
...since 1982 have negotiators for the United Auto Workers and Chrysler squared off for comprehensive contract talks. When U.A.W. President Owen Bieber and Tom Miner, Chrysler's vice president of labor relations, shook hands last week to open new negotiations, the circumstances were very different from those surrounding the earlier talks. In 1982 Chrysler was just starting to come back from a brush with bankruptcy, its veins full of bailout money. Today the company is robust, its sales up and Government-backed loans of $1.2 billion paid...
...million last year, U.A.W. negotiators came to the first meeting wearing buttons saying LEE GOT HIS. WE WANT OURS. They called for the carmaker to set up a profit-sharing plan for its 69,000 workers at 46 U.S. sites. Another issue that may complicate efforts to forge a contract before the October 15 deadline is the location of new plants. The union wants a promise from Chrysler that it will build the Liberty, a subcompact designed to compete with General Motors' Saturn, in the U.S. rather than in South Korea or some other country that offers low-cost labor...
...North Asia in Wal-Mart's global-procurement department. So, for factory owners across China, he is, simply put, the man to see. Every day on the fourth floor at company headquarters in Shenzhen, scores of Chinese factory salesmen come to vendor rooms with dreams of landing a contract. They--and the products they make--are a big part of the reason Wal-Mart's prices in its 3,702 U.S. stores are so low. "If you stop stuff from [abroad] coming into the U.S.," Hatfield says, "it would mean $180 blue jeans. Is that what Americans want...
...China), CapitalBio is among an élite group of Chinese life-sciences companies and research institutes. At the Beijing Genomics Institute researchers have decoded the rice genome and worked to find a cure for SARS. CapitalBio has already shown it also plays on the world stage. Awarded the contract to test athletes for banned substances at the 2008 Beijing Olympics, CapitalBio has designed a new chip that can screen as many as 10,000 samples a day (compared with just a few hundred under current methods). The scientific journal Nature Methods has hailed that as "a first step [toward...