Word: labor
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...Toyota has played a long waiting game. It played well. It made better cars than U.S. companies. It kept labor costs low. It built a reputation for durable and dependable products. The Japanese car company is being hurt by the global car sales downturn, but it never had the labor cost or corporate debt problems that plagued GM. It has the balance sheet to make it through the crisis. Maybe Toyota has been lucky for decades or maybe Toyota was just smart. (Vote for the 2009 TIME 100 Finalists...
...wildlife sanctuaries are now at capacity. (Besides, it costs $15,000 a year to care for a chimp at a sanctuary, a price Chimparty is unwilling to pay.) So the chimps either continue their subterranean existence or are sold into lives of inflicted disease in biomedical research, lives of labor in roadside menageries and exotic animal “attractions,” or lives of exile from nature in the exotic pet trade...
...January over coffee at their first face-to-face meeting. When Rattner outlined the draconian marching orders Geithner had given him to try to save General Motors and Chrysler, Bloom paused and laid down a marker. He saw the job as a potential capstone in a career spent championing labor interests during years of industrial restructuring. He understood that the situation called for tough medicine for autoworkers. But I also want you to know, Bloom said, that I've dedicated my life to preserving as many American jobs as possible. Rattner, the titan of investment banking, said he wanted...
...future, information will be more valuable than ever. Knowledge and technology are the new capital and labor of the American economy. I have no doubt that there are phenomenal profits to be made in the information industry. The relentless losses of newspapers are undoubtedly testament to their almost unique ineptitude in catering to the needs of the modern citizen or business. The richest man in New York—Michael Bloomberg—is not a Wall Streeter, but tellingly a man who sold news and information to Wall Street, despite the highly entrenched business media that already existed...
...Specter, Sen. Arlen • labor vote is forfeited...