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...United Steelworkers (USW) union announced an alliance to develop Mondragon-type manufacturing cooperatives in the U.S. and Canada. Says USW's Rob Witherell: "Initially we are looking to convert an existing manufacturing operation." As for financing new ventures, he adds, "There's a significant amount of infrastructure already in place in the U.S. to assist in the development of cooperatives, such as the National Cooperative Bank and the National Cooperative Business Association. It's possible the NCB could function in a Caja Laboral ... role for us here...
...rating from CinemaScore's tally of people who had just seen the movie; its score from reviewers in the Metacritic and Rotten Tomatoes samplings is a robust 83%; and it has no serious competition until next March for the 3-D screens on which most of its showings take place. (Read "Avatar Arrives! Can James Cameron Be King Again...
...these outlooks is going to be proven wildly wrong. So then why venture such big, bold guesses at the future in the first place? Well, because one forecast might be close enough to right to pay off handsomely. "A lot of unexpected things happen each year, and you can make a lot of money as long as you get some of them right," says Byron Wien, a Blackstone Group vice chairman who puts out an annual list of ten surprises for the following year. "If you cut your losses on what you get wrong and let your winners runs...
...These are, of course, impious assertions to make in a place with some of the most marvelous feng shui ever bestowed. Because its harbor is shaped like a carp - a fish symbolizing prosperity - Hong Kong is thought to be the font of enormous bounty. Sinuous dragons make their abodes in the hills, from which bracing floods of chi allegedly flow, accumulating in the sea in great reservoirs of bottomless luck. Many of the principal buildings famously adhere to feng shui principles - using the expensive realignment of an escalator here, or the positioning of a highly costed fountain there - to supposedly...
...stake in NBC Universal from General Electric. The deal would create a giant firm whose assets pulled in $51 billion in revenue last year. Thriving NBC Universal cable channels such as USA and MSNBC were especially attractive to Comcast, though the flagship NBC broadcast network remains mired in fourth place. Regulatory approval of the deal could take more than a year...