Word: supplier
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...mistake was insisting that workers with comparable skills and comparable seniority be paid comparable wages, irrespective of who employed them. If a machinist at a prosperous GM deserved $25 an hour, so did a machinist who worked for a barely profitable Chrysler or for a just-holding-its-own supplier plant that made axles or wheels or windshield wipers...
...Lumpur, doesn't recognize that bright blue warehouse, glowing like a beacon of fine living, at the side of the highway? And its signature typeface, a customized version of Futura, has long been an integral part of that brand. But with its 2010 catalogue now arriving in mailboxes, the supplier of headboards and coffee tables to the world's thrifty and trendy has switched to what it sees as a more functional typeface: Verdana. In the process, it has provoked an instantaneous global backlash, the kind that can only happen on the Internet. (Read about Ikea in TIME's Design...
...competitors, U.S.-based Lear Corp. and Delphi, are teetering on the brink of collapse. Lear filed for Chapter 11 bankruptcy protection a month ago, citing the need to restructure $3.6 billion in debt. Meanwhile, Delphi, a former GM subsidiary based in Troy, Mich., and that automaker's biggest parts supplier, emerged from bankruptcy protection in June after unloading $6.2 billion in pension liabilities on the Pension Benefit Guaranty Corp. (PBGC), a U.S. government agency whose job is to protect private pension plans. (See the 50 worst cars of all time...
...Does Science Matter? In China, I watched Chu tour the headquarters of a company called ENN - the name is a hybrid of energy and innovation - that was founded as a tiny gas supplier in 1989 by a cabdriver with $200 in his pocket and has expanded into a clean-energy conglomerate with more than 24,000 employees. Chu peppered his hosts with technical questions as he checked out a sleek factory churning out superefficient solar panels, a greenhouse where genetically engineered algae were excreting fuel, a prototype for a coal-gasification plant in Inner Mongolia and a research lab with...
...Taiwan? Certainly Japan and Taiwan are going to be beneficiaries because, in the case of Japan, they are a huge exporter of high-performance capital goods, very complex machinery and equipment like that, that most other countries can't produce themselves. Taiwan is a more component supplier of electronics. But the Taiwan bulls would argue that Taiwan is going to become the newest province of China; there is going to be a huge flow of real estate investment and industrial investment by mainland Chinese into Taiwan. I have trouble believing that...