Word: cuttingly
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...workers say they have given up cost-of-living allowances, overtime after eight hours in place of wage increases, a holiday, some break time, the jobs bank and education benefits. Entry-level wages have been cut in half, which has translated to even lower production-labor costs. "We will not stand for further concessions negotiated by our representatives," proclaimed a resolution that was turned in for consideration at the UAW convention in June by workers from the Ford assembly plant in Chicago. "I've never seen people so frustrated," says a veteran UAW official in Detroit. "These are hard jobs...
...Ironically, Zuckerman himself lacks a self-sufficient inner life and must search for the nonexistent inner life of the Swede to justify his own mental existence. While the Swede hopes to resolve the troubles of his inner life with the accomplishments of the outer life, the remaining characters are cut off from meaningful action...
Habib's ancestors were working with Indian hair since before the subcontinent's independence. His grandfather was barber to both the last British viceroy, Lord Mountbatten, and Jawaharlal Nehru, India's first Prime Minister, and Habib's father cut hair too. But Habib's vision is broader. He wants his business to become the Walmart of hair care...
Over the past two years, he has targeted India's smaller cities and towns, where the explosion of satellite television, with its constant diet of ads and Bollywood, has fueled the hairstyling market. "In Delhi, people will just come to my salon asking for a cut that suits them," he says. "In Aligarh, they'll come asking to look like [Bollywood superstar] Shah Rukh Khan." The approach chimes with the findings of The Dhoni Effect, a 2008 report from consultants Ernst & Young. Named after Indian cricket captain Mahendra Singh Dhoni, a small-town boy made great, the report found that...
Have you ever seen your credit card's interest rate be jacked up, out of the blue, for no apparent reason? You're not alone, and a new law hopes to cut down on such unsavory practices. The Credit Card Accountability, Responsibility and Disclosure Act, signed by President Obama in May 2009, went into effect last fall. Many of the provisions, however, are finally taking hold on Monday, Feb. 22. This latest step in a three-part rollout will continue the Obama Administration's quest to eliminate predatory lending by banks and make the overall process of using and paying...