Word: household
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...economy. But it is precisely because tapped-out American consumers have stopped buying Chinese-made goods that this economic rebalancing act needs to proceed with haste. The country's factories need new customers. Chinese consumers can fill that void, by spending more and reducing their stratospherically high national household-savings rate, which stands at more than 25%, compared with a savings rate in the U.S. that hovers near zero. China needs to start creating new jobs by boosting its underdeveloped service sector, which contributes just 40% to overall GDP, compared with 79% in the U.S. In that way, the country...
Network digitally. For help in landing a job, the unemployed are digging ever deeper into their address books, not to mention their favor banks. And they're not just dialing up old friends and recruiters. They're also digitizing their Rolodexes. LinkedIn, a professional-networking site whose members' average household income is $110,000, has 32 million members. A new member signs up every second; a million join every two weeks. The site, which has new job-search functions in the works, already lets employment seekers figure out what connections they have to people who work at companies that...
...nightmare, but Yasui explains: "It might sound sarcastic, but it is the ultimate design--anonymous, free of décor, without mark. It is not a monster of functions. It is simple." The team's official name--Planning & Design/Material Development Office--hardly captures the creativity that directs Muji's household division, which includes furniture, housewares, stationery, fabric, electronics and health and beauty. The team's designs drive 55% of Muji's sales, about $1.5 billion...
...first thought upon hearing of Sunny von Bulow's death was of how distressed she would be to have become a household name. But some in her family decided to turn a medical tragedy into a legal nightmare. They accused her husband Claus of twice injecting her with insulin in an effort to cause her death and gain her wealth...
...grew up in a working-class household with a strong sense of morality. He has a sort of 'Oh, gosh' quality, an aspect that's almost corny, that sees things as black or white." - Former colleague J. Gilmore Childers, who prosecuted terrorism cases with Fitzgerald in New York (New York Times, December...