Word: laboral
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Dates: during 2000-2009
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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...
...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...
...heads of publishing companies have spend most of the last 20 years worrying about the costs of organized labor, the price of printing paper, and postal rates. It clearly did not occur to them that the early internet successes like Lycos, Excite, and Altavisa were in the information gathering, sorting, and creating businesses. Their indexing and presentation of content looked clumsy in 1997 and 1998. It is incredible to remember that Yahoo! (YHOO) had its first day of 100,000 unique visitors in 1994. The company went public in early 1996. Google (GOOG) raised $25 million...
...Specter, Sen. Arlen labor vote is forfeited...
...have increased the costs of materials. But ironically-tragically, really-the main problem has been the 30-year hibernation of the nuclear construction industry, the legacy of the incompetence that led to TMI. The specialized workforce of nuclear engineers, welders and other reactor-builders has withered, which means higher labor costs and more delays. Our nuclear industrial base has atrophied as well; for example, the world's only steelworks capable of forging containment vessels is now a Japanese monopoly, forcing utilities onto a three-year waiting list to pay exorbitant prices...