Word: producting
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...clearance may take several months, but early indications are that it may not pose a huge problem. The combined company would be three times the size of its nearest competitors, with a 10% share of the world steel market, but Mittal and Arcelor don't have many territorial or product overlaps that could cause problems with regulators. Hermann Reith, analyst with BHF-Bank in Frankfurt, says he reckons the chances of the deal going through are now more than 50%. "We will look at this issue, as always, very carefully on competition grounds only. The regulation gives us no power...
...those were just isolated cases, they would be easy to dismiss. Such stories, though, have become disturbingly common. After more than a half-century of unchallenged superiority in virtually every field of science and technology, from basic research to product development, America is starting to lose ground to other nations. It's still on top for now; the U.S continues to lead the world in economic performance, business and government efficiency and in the strength of its infrastructure. As recently as 2001, the U.S., with just 6% of the world's population, churned out 41% of its Ph.D.s...
...science guaranteed that the U.S. would lead the world by just about every measure of scientific and technological prowess. So, what changed? American business, for one thing. Competitive pressure and the need to prop up stock prices forced many companies to abandon research and focus mostly on short-term product development. Freewheeling corporate research labs that didn't contribute visibly to the bottom line--AT&T's Bell Labs, Xerox's Palo Alto Research Center, IBM's Thomas J. Watson Research Center--have been restructured...
...Nicholas Pearce, a chemical-engineering major from Chicago: "It's marketed as--I don't want to say dead end but sort of 'O.K., here's your role, here's your lab, here's what you're going to be working on.' Even if it's a really cool product, you're locked into it." Like Gao, Pearce is leaning toward consulting. "If you're an M.I.T. grad and you're going to get paid $50,000 to work in a cubicle all day--as opposed to $60,000 in a team setting, plus a bonus, plus this, plus that...
...minutes elapse. Thankful wasn't released until seven months after her big TV moment, giving her and RCA records chief Clive Davis time to figure out how to balance the expectations of people who wanted an Idol souvenir with those who demanded signs of artistic growth. The finished product was a pleasant trifle that alienated no one and produced a deserving hit, Miss Independent, but it didn't earn Clarkson much capital with RCA or her management firm at the time, 19 Entertainment. (19, the company owned by show creator Simon Fuller, has the right to sign any Idol contestant...