Word: miche
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...Traverse City, Mich., for example, 166 United Auto Workers employees of Burwood Products were locked out in December 1988 after eleven months of contract negotiations. Two months later, when the union workers finally decided to accept a 21% pay cut, they were told that they were no longer needed. Burwood, a manufacturer of clocks and other wall accessories, had replaced its union employees, generally with young workers who had been earning the minimum wage. Says ex-employee Sharon Newberry, who is still out of work: "They were just looking for a way to get rid of the union...
...company, which makes cars in West Germany, England, Spain and Belgium, is considered the most nimble pan-European competitor at the moment. "If I were the rest of the Europeans, I'd be scared to death of GM," says James Harbour, an automotive consultant in Troy, Mich...
...lucky to land a night manager's job at a 7-Eleven. Moore might even pass for what he is: the novice director of a documentary film about blue- collar unemployment. So why did 2,000 folks stand in line for hours last week in Flint, Mich., to ask him questions, throw verbal brickbats or cheer him on? Why has his movie Roger & Me stoked debate that has spilled from the entertainment pages into the news columns? And why is General Motors -- still the world's largest industrial corporation -- so darned annoyed by a gadfly like Moore...
...proved by last week's events in Flint, Mich., General Motors chairman Roger Smith is far from the only one who quarrels with Michael Moore's wry documentary Roger...
...their sales outside the country. This year's three biggest drug-company mergers all involved U.S. companies. Bristol-Myers (1988 sales: $6 billion) joined Squibb of Princeton, N.J. ($2.6 billion); Philadelphia's SmithKline Beckman ($3 billion) merged with Britain's Beecham ($3 billion); Merrell Dow ($1.3 billion) of Midland, Mich., merged with Marion Labs ($752 million) of Kansas City. "Pharmaceuticals is the one industry in which the U.S. firms are the biggest and growing the fastest," says Jay Silverman, a health-care analyst at the Nomura Research Institute in New York City...