Word: trusted
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Dates: during 2000-2009
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...says MacDuffie, "relies on contributions from employees. It feels vulnerable, but your willingness to be open to that vulnerability is what helps you make it work." In the 1980s and part of the '90s, the top-down culture of the Big Three could not absorb that kind of deep trust...
...then abandoned when the underground liquid at the other end of the drill was found to be too acidic. Since then, the industry has learned how to address that problem by adding chemicals to the mix, and geologic exploration is underway again. "I think a lot of investors trust Icelanders for what they're doing. They understand the risks involved," says Zammy Sarmiento, president of Biliran Geothermal Inc., the group that won the concession...
...until recently they've had a mixed track record. The earliest fluorescent models were expensive and clunky, and that put many consumers off. "A lot of people still think that energy-saving light bulbs are too large and too dim," says James Russill, a lighting specialist at Energy Saving Trust, a British nonprofit consumer advisory group. That's finally starting to change, for three reasons. The first is that the technology has improved immeasurably thanks to LED, which consists essentially of semiconductors coated with phosphorus. Second, prices have come down to the point where a high-tech lamp doesn...
...expected to give up the controversial jobs bank and approve a change in funding the VEBA trust that is supposed to take over paying for health-care of blue-collar retirees in January, 2010. The $7 billion contribution GM owes its VEBA could be postponed indefinitely, according to Sean McAlinden, vice president of the Center For Automotive Research in Ann Arbor...
...concessions would permit the automakers to delay payments to the retiree healthcare trust [VEBA] due during 2009 and cancel the controversial jobs bank immediately. The union also plans to re-open contract discussions with all three automakers and will consider what Gettelfinger describes as "modifications" to the current contract...