Word: maytag
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...rapid rise been more evident than last week, when two big Chinese companies entered the auctions for two high-profile U.S. competitors: Haier, well known among college students as the maker of small refrigerators popular in dorm rooms, is teaming with a U.S. private-equity firm to bid for Maytag, the struggling appliance maker based in Iowa. And 19 years after getting his M.A. in petroleum engineering from U.S.C., Fu wants to own Unocal, once the parent of those Union 76 gas stations. The company he heads, China National Offshore Oil Corp. (CNOOC), topped a $16.5 billion bid from Chevron...
DIED. GORDON JUMP, 71, TV actor best known as the bumbling boss of a radio station in the 1978-82 sitcom WKRP in Cincinnati and later as the lonely, restless Maytag repairman, replacing Jesse White in one of TV's longest-running ad campaigns; of complications from pulmonary fibrosis; in Los Angeles...
...would sound about as pleasant as doing yoga in Times Square were it not for the dramatic upgrade in laundry machines, which operate not only more quietly but also more efficiently. Roused by the demand for German company Miele's $1,500-plus front-loading machines, American manufacturers like Maytag, Sears and Whirlpool are rushing to offer better-priced front loaders, which save space, conserve water and energy and hum instead of roar. Sales of front-loading machines have nearly doubled, from 6% of the U.S. market in 2000 to 11% in 2002, according to the Association of Home Appliance...
Some of the most practical gizmos were the simplest. Cordless was big. In addition to the vacuum cleaner, Maytag, Panasonic and Euro-Pro were all hawking cordless clothes irons. At $25, Select Brand's battery-powered corkscrew was both cheap and useful, taking only seconds to uncork a bottle of Chardonnay in our tests...
...boss can tell you, headquarters tends to get all the bells and whistles. In kitchen appliances, overkill isn't over. The trend toward commercial stoves and refrigerators, such as those by Viking and Wolf and Sub-Zero, has been reinforced by the shift of such traditional makers as Whirlpool, Maytag, GE and Amana into professional-quality gear and by a changed appearance in the everyday American kitchen. "Everyone is striving for a commercial look," says Tommy Genussa, president of TAG Homes Inc. in New Orleans. "That means stainless-steel appliances. Even in modest homes, the movement is toward as much...