Word: cutters
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Dates: during 1990-1999
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While some say they wait for vacations when they can return to their hometown hair cutter, most say the trips are too far apart to prevent bad hair days--and a baseball cap may not be the answer to all their follicle problems. Instead, they must make arrangements with someone near Harvard to comb away their problems--and their options abound...
Fair enough. But Smith glosses over his failure to engineer any significant progress in the company's main line of business. During the 1980s the company staggered from one automotive blunder to another. Worst among them were the cookie-cutter cars. The idea behind them was to save on manufacturing costs, one of Smith's abiding principles. But the look-alike models blurred the historical marketing distinction GM had carefully cultivated between Chevrolet at the bottom of the market, Cadillac at the top and Pontiac, Oldsmobile and Buick in between. None of the cookie-cutter cars will make...
...main opposition in the party is Sen. Phil Gramm of Texas, a pain-before-gain deficit cutter with a mean streak so wide that he may easily alienate Republican primary and caucus voters in 1996. In other words, Kemp is now golden in the GOP. Columnist George F. Will even endorsed him for president this year over Bush...
...earned a reputation for shrewdness after creating what is now Shearson Lehman Brothers and selling it to American Express in 1981, appears to be bottom fishing. Primerica's stake -- at $19 a share -- is valued at about half Travelers' book value. Weill, who is also known as a cost cutter, will take an active role in Travelers' management. Primerica, which already generates 35% of its operating income from its own insurance business, will get four seats on Travelers' 16-member board. Weill will serve as co-chairman of the management committee. While the deal is expected to help nurse Travelers...
...billion-a-year company has often been the target of those who disparage everything from its entry-level wage structure to the aesthetic blight of its cookie-cutter proliferation. But the Los Angeles experience was vindication of enlightened social policies begun more than three decades ago. The late Ray Kroc, a crusty but imaginative salesman who forged the chain in 1955, insisted that both franchise buyers and company executives get involved in community affairs. "If you are going to take money out of a community, give something back," Kroc enjoined. "It's only good business...