Word: labors
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...people in Bush's inner circle who had carte blanche to decide when, and if, they would leave - although White House chief of staff Josh Bolten had asked everyone on senior staff who didn't plan to stay through the end of Bush's presidency to leave before Labor Day. Rove had several conversations with Bush earlier this year about leaving. He wanted to time his departure just right - not an easy task in a year when the President's job approval rating has been at historic lows. But Rove did manage to exit on a relatively high note...
...alternatives for those pupils who are unable to comply for religious reasons. But marginalizing into separate schools the very individuals to whom the Republic ought to reach out the most might not be such a good idea in the long term. As Ali el-Baz, a North African labor leader, was quick to point out in an interview last month, the French-born children of Muslim immigrants don’t want to stay separated from the rest of the population, but their path to l’intégration is blocked by the very policies intended to nudge...
...that sense of team spirit and togetherness - called soshikiryoku - that many Japanese corporations are trying to rekindle. A generation ago, college grads entered companies en masse, lived together, drank together, quite often married each other, and retired together. This close-knit corporate culture, which was virtually national labor policy, was widely credited for Japan's meteoric economic rise. But it all ended when the country hit the skids in the 1990s. Threatened by cheap labor and more efficient business models, Japanese companies began adopting American management concepts such as merit-based pay and competition among employees. "The Japanese equated globalism...
...500cc motorcycles popular with European and American riders are not even permitted on Chinese roads. Says Marconi: "In China they've produced the same scooter for the past 20 years." Marconi says the equation is not mysterious: Italy has the know-how and style and China has low labor costs - and, increasingly, ready capital. "This is the reality. If we don't produce with the Chinese, we'll eventually lose the technology...
Chrysler's fate could be the sign of what is to come for the U.S. auto industry and labor unions. Some say Cerberus' difficulty securing loans for the deal could also mean that the heyday of private equity is over...