Word: elements
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Dates: during 2000-2009
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...those givebacks are added to an earlier surrender of the notorious "jobs bank" - which paid laid-off autoworkers for doing nothing - clearly the UAW's once heavenly bed has lost much of its fluff. What remains is the VEBA, the multibillion-dollar trust fund designed to protect a key element of the membership's fabled retirement benefits - which the union refers to as deferred wages. As in the Chrysler deal, the UAW agreed to trade a chunk of the cash GM owed the VEBA for 17.5% equity in the company and other considerations. (Read about Detroit's efforts to reinvent...
...operators that stepped in to take on SNCF's freight service have captured 11% of the market in just five years. That may not sound like much, but the smaller players are making money while the state-owned giant is not. "What's significant in this isn't the element of competition alone, but the more efficient business models new players brought to old markets," says Alain Bonnafous, a rail expert at Lyon's Laboratory of Transport Economics. "Better organization and increasing return on investment makes all the difference...
...element of divine retribution in this? It's inherent in that kind of conduct. I mean, if a person acts irresponsibly in his own life, he will pay the consequences. And it's not so much divine retribution as it's built into the law of nature. If we abuse our bodies, for example, we will be subject to a host of diseases. If we abuse alcohol or drugs, we will find that we don't have jobs and our families are broken apart and we've wound up out on the street. It's the same thing with...
...Whole Foods in Chicago and its suburbs. "This should be on the South Side," he recalls thinking. But, he says, when he approached industry colleagues with the idea of opening such a store, they reacted by saying, "Who wants to go over there, in that negative element...
...similar positions at risk. His concern is warranted. A strong House life and academic support network are essential components of the Harvard undergraduate experience, helping to foster for students an environment of both intellectual and personal growth. FAS should not be making budget cuts that seriously endanger this core element of undergraduate life. Rather, the burgeoning administration, which has seen a staggering expansion in recent years, must take a fair share of the budget cuts and look to consolidate. We realize cuts will be felt across the board—but it would be a shame if they weren?...