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Word: turnarounds (lookup in dictionary) (lookup stats)
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What's Right with Germany I hope the signs of Germany's economic turnaround, discussed in "Back on Track" [July 26], are real. But this recovery must be export driven. The country's lack of domestic consumption is not due to fear of the future but to people not having enough money in their pockets. Economic reforms, necessary as they are, will leave most consumers with very little disposable income. Retirement plans will be smaller, forcing people to save more for the future. The high prices for gasoline do not help the consumer either. As your story reported, with...

Author: /time Magazine | Title: Letters | 8/15/2004 | See Source »

...These fishermen were so stupid,” she said, noting that the men went from driving “beat-up trucks” to Rolls Royces. The blatant turnaround eventually led to their arrest...

Author: By Margaret W. Ho, CRIMSON STAFF WRITER | Title: Orlean Discusses Book ‘Adaptation’ | 8/13/2004 | See Source »

...industrial city of Changwon. He admits to being more comfortable in the field visiting factory floors and design centers than in his spacious office overlooking Seoul's Han River. It would be wrong, though, to underestimate Kim, who has become a near legend in Seoul for the turnaround he engineered at LG's appliance business. When he took over in 1996, LG was making washing machines and refrigerators that seemed little more than cannon fodder for low-cost Chinese companies like Haier. Kim sliced costs by moving production of low-end products to China. He proved there is room...

Author: /time Magazine | Title: Getting Religion | 7/25/2004 | See Source »

...Japan's banks have been congratulating themselves for their recent turnaround, but critics say they should start concentrating on improving profit margins, not increasing their assets. As any bonsai artist will tell you, big is rarely beautiful...

Author: /time Magazine | Title: Japan's Sumo Bank | 7/18/2004 | See Source »

...dominant brewer, Adami, 49, has quickly learned to relish the role of feisty American underdog. Since he took the helm in February 2003, eight months after SAB bought Miller for $5.6 billion, Adami and his team of transplanted South Africans have defied the skeptics by starting a remarkable turnaround at Miller. Over the past decade and a half, the company had been neglected, treated as an afterthought by its parent, food and tobacco giant Philip Morris. But thanks to an irreverent ad blitz that has presented Miller as a fresh alternative to the self-anointed "king of beers," Miller...

Author: /time Magazine | Title: Big Brew-Haha! The Battle Of The Beers | 7/12/2004 | See Source »

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