Word: valley
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...says Shaiken. The battles over concessions have reopened old wounds in an industry long known for class warfare. Detroit's auto companies are organized around a strict hierarchy, with little of the "all for one, one for all" spirit that is more typical of start-up companies in Silicon Valley. Executives from Ford bluntly told union bargainers during one meeting last year that "shared sacrifice," a concept used during the industry's last crisis in the early 1980s, no longer applied because executives' high salaries were based on Ford's successful global operations...
...Previous generations had awkward phases. Woodstock? Awkward. The 80’s? Awkward. Valley Forge? I missed it, but I’ve heard things. But somehow they weathered them and went on to live productive lives. Growing up used to mean overcoming your fear of awkwardness and calling Peggy Sue on the rotary phone to invite her to a sock hop. But thanks to technology, our generation has been able to bypass those stages. Why call Peggy when you can IM her instead? Not only won’t she hear your voice trembling, but you?...
...death of a Wal-Mart security guard in New York on Black Friday has Americans lamenting the human condition. The shoppers at the Valley Stream store have been called "rabid," "pathetic" "savages" with "no souls." There have been calls for criminal prosecutions against these "animals." Wal-Mart, meanwhile, has claimed it prepared for the crush by bringing on outside security and additional sales staff. "Despite all of our precautions," said Wal-Mart executive Hank Mullany in a thrillingly passive turn of phrase, "this unfortunate event occurred...
...company followed that purchase a year later with the $2.7 billion acquisition of Genlyte, a big U.S. player that makes lights for offices, highways, factories and outdoor advertising. Those deals come on top of its own massive in-house research efforts in R&D labs from Silicon Valley to Eindhoven in the Netherlands...
Jdimytai Damour was just doing his job. Like the rest of his co-workers at the Wal-Mart at the Green Acres Mall in Valley Stream, N.Y, he signed up for an early morning shift on Black Friday—the “official” first shopping day of the holiday season. But when shoppers forced their way through the doors at 5:00 a.m., Damour was thrown back onto the linoleum tiles and trampled by customers eager to snatch the best bargains they could find. He suffered fatal injuries crushed beneath a chaotic stampede of more than...