Word: obvious
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...rationale for the ocean-spanning super union is obvious and ubiquitous: globalization. Most of the companies that labor deals with are globe-straddling multinationals, yet unions remain national organizations. That's widely considered one reason why organized labor has endured decades of decline in overall membership and in clout. Thomas A. Kochan, co-director of the Institute for Work and Employment Research at the Massachusetts Institute of Technology, is convinced the Steelworkers and Unite will make the merger work, he says, "but it will take time; it's uncharted territory." He points out that since t he USW already...
...something that he is not seems to be Sam Israel’s favorite trick. He is no more ill-suited to his latest role as an unlikely fugitive than he was to his earlier stint as a hedge fund manager. In both cases, he proceeded despite obvious warning signs, making up for what he lacked in talent with deception. At the inception of his Bayou investment firm, Israel distributed a partially fabricated resume to attract clients. And when the inaptly named Bayou Superfund lost $35 million in 2003, Israel simply reported that it made $25 million instead, and invented...
...Four years later, while helping curate the Prado's Goya: Fact and Fantasy exhibition, Mena's doubts grew when the painting was cleaned. "When we looked at it closely, free of its lofty presentation in a museum," she says, "it was obvious - this painting could not have been done by Goya." Mena and her colleagues removed The Colossus from the 1993 exhibition, but they didn't dare raise the matter in public. "It was too soon," says Mena. "The Colossus was a mythic painting in the academic world, written about by established scholars. To challenge that you have to check...
...there is no greater blinder than success, even for a visionary like Bill Gates. By the time he realized the tech world was quickly shifting from PCs to the network that connected them, his moves were limited. A fiercely competitive man, he reached for the obvious lever, and attempted to tie the late-starter Internet Explorer browser to the monopoly he created, the Windows operating system. The move was mercilessly effective and beat back rival Netscape, which immediately saw its commanding share of the browser market disappear...
...There are some obvious challenges. Power from coal-fired plants is cheaper. And the closest connection point to the national electricity grid is 500 km away. But Grove-White says geothermal power will become economic once coal and gas plants have to pay for their carbon emissions, which he expects to happen in an Australian carbon-trading scheme due to start in 2010. While the transmission lines will be expensive, their cost - $500 million or more - is included in the business model...