Word: plant
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Dates: during 2000-2009
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...Asia. Daewoo's union leaders battled desperately to thwart the takeover, fearing it would spell job losses, pay cuts and other setbacks for the rank and file. Workers picketed GM's Seoul sales office on and off for more than a year and rioted outside Daewoo's Bupyeong plant near Seoul. The unionists even dispatched a mission to GM's U.S. headquarters to persuade executives to back off. The anger persists. GM is "a multinational, imperialist company," declares Kim Il Seob, the workers' union president. The takeover "equals layoffs and unstable employment...
...months, Gucci Group has announced it will open a state-of-the-art factory for shoemaker Sergio Rossi by the end of the year. Armani has announced a joint venture with four shoemakers. And Marzotto, the new owner of Valentino, has promised that Val will get his own accessories plant too. All this activity in the name of corporate control, and MADE IN ITALY on the label. Polo doesn't own a factory, doesn't make a single shirt or dress itself. "Owning a factory is a two-edged sword," says CEO Farah. "It works great...
...aggressively into photovoltaic cells, which turn sunlight into electricity. And in April General Electric snapped up Enron Wind from the bankrupt energy giant. "We are on a journey to a lower-carbon world," says Graham Baxter, an executive at Britain's BP, which is building a $100 million solar plant in Spain...
Take, for example, power-plant emissions in the U.S., which environmentalists blame for much of global warming. In the mid-1990s, the Clinton Administration was fairly close to striking a deal with the power industry that would have established a comprehensive emissions-trading program. To gain some certainty for their long-range planning, the utilities would agree to mandatory caps on emissions that included not just nitrogen oxides, sulfur dioxide and mercury but also carbon. Companies would have the flexibility of meeting targets in the most efficient manner by buying and selling emissions rights...
...owes much to the thoughtless policies of communist China's original Chairman, who was born in a Hunan village only a few hundred kilometers from Orange Island. Convinced that Chinese peasants could stuff their granaries if they would only grow more and more rice, Mao ordered peasant communes to "plant grain everywhere." In the 1950s, work brigades flew banners reading "Turn Waste Land to Great Land" as they drained the lakes along the Yangtze and its tributaries and seeded them with crops. Families settled on flood plains. The enormous Dongting Lake, once a valuable catch basin during years the Yangtze...