Word: steels
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...staff. Complicating matters, Hyundai agreed in 1998 to acquire South Korean rival Kia Motors, which had to be assimilated. Chung had little experience with the automotive industry?he had spent most of his career managing a smorgasbord of affiliates in the Hyundai conglomerate, including a steel company, a pipemaker, a shipping-container manufacturer, and Hyundai Motor's service business. When Chung began broadcasting his intention to turn Hyundai into a top-five automaker, few outside the company took him seriously. Hyundai, like many family-controlled Korean companies, was ultra-hierarchical and slow to change. Managers rarely cooperated with one another...
Vanity Fair once said of Luce, who edited that magazine in the '30s, "She combines a fragile blondness with a will of steel." Similarly, one is astounded to hear from Coulter something like, "We should invade their countries, kill their leaders, and convert them to Christianity," as she famously wrote of Muslims who were cheering after the Sept. 11 attacks, not least because Coulter might be shrink-wrapped in a black-leather mini as she says it. The combination of hard-charging righteousness and willowy, sex-kitten pulchritude is vertiginous and--for her many young male fans--intoxicating...
...believe many students would want to (and actively seek to) try something new. So, with the dual purpose of beerducation and beervocacy, I’m presenting my picks for beers (all widely available at stores like University Wine) that should have been voted onto the stainless steel counters of this Friday’s, and future, Senior Pub Nights...
...union's action could profoundly affect the entire steel industry. Earlier this year, steelmakers abandoned their 29-year tradition of negotiating one pact for all American workers. With labor contracts for five major steel manufacturers due to expire next July, the Wheeling settlement could become a trendsetter for an industry that has grown unaccustomed to strikes. Said William T. Hogan, a steel-industry expert and an economics professor at Fordham University: "This is historic, a benchmark. The outcome will be of great importance for both the companies and the union...
Both sides last week seemed to be settling in for a long strike. The company has perhaps $62 million in cash on hand, $100 million worth of steel in stock and no reason to settle quickly. Meanwhile, those workers who will not be receiving unemployment compensation will collect an average of $60 a week in union benefits for up to 400 weeks. "The next step is liquidation if our backs are forced against the wall," said Wheeling Spokesman Ken Maxcy. Elmer Paulina, a veteran steelworker, was equally unyielding: "There comes a time when you must draw the line...