Word: four-week
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...management gurus like Jack Welch, the electronics company laid off a third of its work force, or about 30,000 people, slashed costs and dropped sideline businesses like pagers and electric coffeepots. Yun recruited top managers and engineers from the U.S. Back in Seoul, recruits were put through a four-week boot camp in which they were awakened before 6 a.m. every day to martial anthems extolling the virtues of being a Samsung man. Marathon mountain hikes were part of the drill...
...media may soon get over its four-week impatience, and settle in for a winter of low-key combat. President Bush and his cabinet members and generals have been at pains to remind us, all along, that this is a new type of war against a non-state actor, in which the definitions, strategies and yardsticks of all previous conflicts no longer apply. Still, if that puts U.S. ground troops into a long-term deployment in Afghanistan, expect to hear a lot more discussion of the Q-word on the Sunday talk shows...
...coordinated move against the Taliban on both fronts reflects a U.S. concern to score a morale-boosting victory before the onset of winter bedevils prospects for progress on the ground. The Pentagon has faced mounting domestic political criticism over a four-week bombing campaign that has thus far produced no tangible shift in the balance of power in Afghanistan. The Northern Alliance, too, has criticized the U.S. for failing to subject the Taliban frontlines to sustained aerial bombardment, with frontline commanders questioning whether the Americans were serious about helping tilt the balance in favor of the Alliance. The sustained bombing...
...overall totals are still scary - 1.12 million layoff announcements is still 83 percent more than at this time last year, and 3.3 million people filing for continued unemployment claims is the most since this time in 1992, when there was a recession on. And they?re still rising - the four-week rolling claims average edged up to 398,000 this week from 394,500, and the unemployment number for August, due out Friday, is expected to tick up again, to 4.6 percent from the 4.5 percent it?s been all summer...
...talking about homebuilding stocks like Centex shedding a few bucks "in the years ahead." Not to denigrate the value of that (probably accurate) insight to Centex investors or other housing-watchers, but we?ve got bigger, more imminent fish to fear. Also Thursday: Weekly jobless claims, and a fresh four-week rolling average that will hopefully stay below 400,000, and an economic survey from the influential Philadelphia...