Word: steels
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...Steelmaker and World Shaker Why are Europeans so upset over Mittal Steel's bid to merge with Arcelor [Feb. 13]? Where I come from, Western companies have gobbled up local firms - and entire industries, for that matter - and that's supposed to be just fine. It's disturbing to see that when someone from the developing world tries to set foot in the West, the move is always met with convoluted and unfounded criticism. The West has got to recognize that globalization, formerly a one-way street, now carries heavy traffic from the East. I guess that is what laissez...
...PRESIDENT BUSH CALLED YOU A MAN OF STEEL. HOW WOULD YOU CHARACTERIZE HIM? Oh, he's a good bloke. He's very focused. Tough and single-minded is how I'd characterize him, Very much so. And possessed of great personal warmth. His people skills are very good...
...HUMOR The Pop Art toasters by LC Premiums ($25 to $45) come with removable steel plates that burn designs--such as flowers and cutesy phrases ("I'm Hot")--onto the bread. To be sold separately: edible-ink markers kids can color their slices with before eating them...
DESIGN WITHIN REACH There's an empty space hidden inside the Coffee Towers cappuccino cup by Miam Miam ($50 for a set of two)--an airless pocket between the stainless steel and the porcelain that acts as an insulator to keep your java hot. The company's new Delite series of stoneware plates ($10 to $18 a piece) serves appetizers in style...
...upward revision of the economy's size means that China's spending on education, health care and other programs is even smaller as a proportion of the economy than previously thought. And industrialization is taking a toll. Several industries, including steel and automobiles, have been growing so rapidly that they now have problems of overcapacity. Still, with 300 million rural laborers in China eager to join the industrialization push, and at wages that are a small fraction of what Americans or West Europeans earn, the downward pressure on jobs and salaries worldwide is likely to continue. Ford's late-January...