Word: unionizers
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Dates: during 2000-2009
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That surely boosted the confidence of prospective car buyers and sent a strong message to the United Auto Workers union and bondholders that the government is dead serious about implementing a major restructuring of both companies - and won't wince at bankruptcy if that's what is required to get the job done. GM's new CEO, Frederick A. Henderson, basically repeated that message at his Tuesday-morning press conference, even going so far as to say that bankruptcy was now "more probable," though not desirable. (See pictures of the remains of Detroit...
...Indeed, from Union Jack jackets to platform sandals and Liberty printed chiffon gowns, the mix of Topshop's trend-driven merchandise can appeal to a broad selection of consumers. The price is also right: Topshop's coveted Baxter jeans are $80, and the average shoe price is about $100. The brand's Oxford Circus flagship store in London - which, at 90,000 sq. ft., is one of the biggest fashion retail spaces in the world, is a favorite pit stop for celebs like Chloë Sevigny, Keira Knightley and Kirsten Dunst. In New York City, Green and his team...
...events were part of an effort to “improve the relationship and communication between Chinese and American students,” according to delegate Ren Yiyue, executive president of AYCF and student union president of Xi’an Jiaotong University in China. [SEE CORRECTION BELOW...
...little, too late. Several of Wagoner’s classmates, however, called his forced departure a unjustified political sacrifice to appease growing public dissatisfaction with big business. They pointed to GM’s success in expanding global market share and negotiating contracts with the powerful United Auto Workers union as evidence of the progress the former CEO had achieved. The blame, they said, falls largely on the crippling worldwide economic decline that has hobbled GM’s plans to reinvent itself. “He was well on his way to being a folk hero...
...such sentiment is likely to fall on deaf ears in host countries, where unskilled foreign laborers not long ago were welcomed as useful contributors to economic development. The Malaysian Trade Union Congress (MTUC) once campaigned for the protection of migrants' rights. But now they too are sounding alarm bells about the threat illegal workers pose to ordinary wage-earning Malaysians. "Many remain in the country," says Rajasegaran Gopal, the MTUC's secretary general. "We have a foreign worker time bomb ticking away...