Word: makers
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Many of the lawsuits have been justified, aimed at redressing victims' unimaginable suffering. But some have appeared opportunistic, including a recent cluster filed on behalf of healthy plaintiffs against companies that have only peripheral connections to asbestos, among them media giant Viacom, baby-products maker Gerber (a subsidiary of Novartis) and Gallo Winery. If the cascade of litigation continues, according to a recent Tillinghast-Towers Perrin study, its financial toll could reach $200 billion, more than the damage attributed to the Enron debacle. "The liability--both projected and actual--is far in excess of Enron," says David Austern, general counsel...
...Nokia, maker of the world's most popular cell phone, is Microsoft's main stumbling block, and the two companies are likely to spend the better part of the next decade duking it out for control of this $91 billion industry. As Microsoft gets set to muscle in on Nokia's turf, the Finnish giant is selling its own software deal with a rival operating system. Other cell-phone manufacturers like Motorola and Qualcomm are also releasing their blueprints. Even companies like HP, whose latest Journada handheld computer has a built-in smart phone, are getting...
...year-old record label whose name is synonymous with enka (Japanese folk ballads). Then Ripplewood bought out Seagaia, a sprawling golf and beach resort on the southern island of Kyushu that plays host to Japan's best-known golf tournament. Ripplewood also purchased Niles Parts, an auto-parts maker...
...Columbia, Ripplewood's task was less to redefine the business than to get back to it. Over the years the company had simply stopped producing hits, relying for sales revenue on the albums of enka queen Hibari Misora--who died in 1989. Nippon Columbia owned Denon, an audio-equipment maker, and odd assets such as real estate and golf memberships. The staff was bloated, the headquarters stuffy, and the company had not turned a profit in 10 years...
...about individuals’ and society’s perceptions of various occupations, but he falls prey to his own criticism. Hartnett invokes John Dewey, arguing that a person’s job is not the full measure of her individuality. Yet, in his assessment of a Subway sandwich maker, Hartnett “can’t get past the sandwich,” arguing that the worker’s individuality is snuffed out by her job. Hartnett cannot conceive of any way that she could find meaning in her life or make an impact in the world...