Word: leanings
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...Lansing, Mich., which opened last year. Be more flexible about work rules, and let us outsource more, GM said, or we'll set up shop in Mexico or Canada (where the Canadian Auto Workers split from its American parent in 1985). The plant is now a model of Detroit lean and mean. Its vehicles rate second, to Lexus, in initial quality. Suppliers deliver components every four hours (vs. every two weeks at some GM plants), and management lets workers freeze the lines if they notice a component or assembly flaw...
...from about $18. The good news for Bombardier Inc. is that it has a respected new chief executive in Tellier, 63, who arrived in January. A roll-up-your-sleeves manager, Tellier took over the moribund, government-owned Canadian National Railway Co. in 1992 and turned it into a lean and efficient publicly traded market leader. He did that by cutting costs (including 14,200 jobs) and eliminating real estate and telecom divisions to focus on rail. Tellier knows Bombardier, having served on its board for the past five years. Besides dumping its highly profitable recreational division as well...
This is no time to duck the stock market; you would miss the inevitable recovery. Rebalance your portfolio to create your desired mix of stocks, bonds and cash (60%-30%-10% is reasonably conservative). Lean more heavily toward stocks if you're under age 55. Don't pile into a traditional IRA, because these accounts require withdrawals starting at age 70 1/2. "That defeats the purpose of working longer to keep your capital invested and could throw you into a higher tax bracket," says Ed Slott, author of The Retirement Savings Timebomb and How to Defuse It. Instead, favor...
Smile’s seafood offerings are similarly impressive. The “Seafood Honeymoon” marries shrimp, squid and scallops to pineapple, mushrooms and honey sauce for a reasonable $10.95. For the health conscious, the ginger salmon is a lean filet steamed with dry batter and topped with snow peas and assorted veggies...
...good news for Bombardier Inc. is that it has a respected new chief executive in Tellier, 63, who arrived in January. A roll-up-your-sleeves manager, Tellier took over the moribund, government-owned Canadian National Railway Co. in 1992 and turned it into a lean and efficient publicly traded market leader. He did that by cutting costs (including 14,200 jobs) and eliminating real estate and telecom divisions to focus on rail. Tellier knows Bombardier, having served on its board for the past five years. Besides dumping its highly profitable recreational division as well as ancillary businesses like military...