Word: plantes
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Things were not looking good for R.G. Barry Corp., and that was before the plant manager was taken hostage. The $125 million company in Pickerington, Ohio, has been making Dearfoams slippers--sold mostly in department stores like J.C. Penney, Sears and Wal-Mart--since 1947. With the son of a founder presiding as chairman for 40 years, the company peaked in the mid-'90s with sales of $150 million and its stock price at $25. By mid-2003, Barry had lost $20 million, sales were plummeting, its stock was at $2.08, and it was in default on a $10 million...
...this bill, aren’t we going to hurt the tobacco farms?’” Pasricha said. Pasricha recalls responding that she sought alternative uses for tobacco, working in a biotechnology lab that summer and arriving at the discovery that “the tobacco plant is very helpful for developing a vaccine for one type of HIV.” On a 2004 summer trip to India, Pasricha worked with her sister Sarina, who had graduated from the College that year, to develop the Global Youth Health, Education, and Leadership Program, or HELP. With funding...
...recurring religious unrest in India? Moderate Muslim activist J.S. Bandukwala says that "to a great extent" India has resolved the question of religious identity which had split the country for decades. "But in such a huge population it's so easy for someone to plant a bomb and cause chaos," he says. "I don't think there's anything police can do to stop this sort of thing...
...debate. While he sees progress, in part because of the rising middle class in India, Bandukwala says "on religious issues people get very quickly built up in this part of the world. If anybody wants to create a problem they just have to insult an iconic figure or plant a bomb and you see the results." In some ways, he says, "it's remarkable that India has evolved into a mature democracy after just 60 years...
...talks. The company's rank and file are less than thrilled about their employer's leaving the warm embrace of Germany and falling into the hands of New York financiers. "These private-equity firms are like modern-day robber barons," said a worker at the company's Warren truck plant outside Detroit. "People are feeling betrayed by the management...