Word: contractive
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...part, EMI is playing to the global market; Williams has sold nearly 20 million records worldwide since 1996. But the company has been burned before: in 2001, it signed Mariah Carey for $100 million. After her first EMI release flopped, the company paid $55 million just to break her contract. But the agreement with Williams is "more than a record deal," says JP Morgan analyst Nick Henry-Stolz. "This deal is the first of its kind to integrate nonrecording activities such as touring and merchandising - he's an enterprise." That's a big contrast to stars like Britney Spears...
...Gangsters may have been useful in bringing some order to the lawless world of Indian cinema?a huge industry run like a street stall, where no contract is signed and a promise is easily broken. But the bhais don't do favors. They extort money, run their own banks like Shylocks, and demand international distribution rights to potential hit films...
...While the International Longshore and Warehouse Union and port employers resumed contract talks with the help of a federal mediator, little progress was evident. The impasse was costing businesses an estimated $2 billion a day, and threatened an already slumping U.S. economy that depends more than ever on a just-in-time supply chain. The West Coast docks support an estimated 4 million jobs across the U.S. In Fremont, Calif., an auto assembly plant owned jointly by GM and Toyota had to stop production for lack of engines and transmissions, idling 5,100 workers. Such retailers as the Gap, Target...
...fully support the janitors in their strike and hope the contract can be settled soon with their demands...
...Justice for Janitors campaign first came to Boston with last year’s negotiations between this same union and Harvard over the contract that covers Harvard’s janitors, which is separate from the rest of the city. Those negotiations brought real gains for Harvard’s workers—sizable wage increases and more accessible benefits. The current citywide campaign seeks to bring similar improvements to all Boston’s janitors...