Word: harleys
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Dates: during 2000-2009
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...With GM and Chrysler nearly bankrupt, Harley Shaiken, a professor of labor relations at the University of California, Berkeley, says UAW President Ron Gettelfinger wants to do all he can to help the automakers, including changing the contract if necessary. But UAW leadership is also angling for a seat on GM's board of directors, according to a posting on the website of UAW Local 2404. (See pictures of the remains of Detroit...
...long-term growth, corporate pension funds tend to lean heavily on stocks. More than 60% of S&P 500 firms' holdings at the start of the year were in equities. Those firms that bet most aggressively on stocks have been especially hard hit. For example, about 80% of Harley-Davidson's pension assets were invested in equities at the end of last year. Johnson & Johnson's (79% equities) and Exxon's (75%) funds have also been bruised. But the pension pain may be most acute for smaller outfits, some of whose obligations amount to more than 100% of their market...
Ventura entered Minnesota politics in 1990 when he ran for mayor of Brooklyn Park, a Minneapolis suburb, and won, causing a nervous frisson in the state's political establishment. Here was a guy who had campaigned on a Harley. Still, how much harm could this outsider do? He had been elected to a part-time job; most of the work was done by a paid manager, and the mayor's vote counted for no more than those of the six other members of the town council...
...Baby Buell is Harley's precocious child--with its down-home, out-of-the-box thinking, Buell serves as a testing ground for new ideas. At its core is a small-town team designing and assembling motorcycles in ways that give every employee ownership and even resonate with customers. And Buell gives Harley entrée into the sport-bike market and access to its insanely loyal fans, who might cross over to a Harley cruiser once they tire of Buell's adrenaline rush...
With 195 employees--compared with Harley's 10,000--Buell relies on teamwork, ingenuity and a personal touch to churn out top-notch bikes at affordable prices. Its cycles aren't mass-produced, which is part of the allure that distinguishes the brand from better-financed Japanese competitors. "We need to be more nimble and entrepreneurial in spirit to compete against much larger companies," says Jon Flickinger, president of Buell Motorcycles...