Word: cheaping
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...beginning to outlive its usefulness. For a start, if U.S. interest rates rise, as Greenspan has hinted they soon will, bond prices will fall?and the value of the assets held by Japan and China will be slashed. Another concern is that buying dollar assets to keep its exports cheap might have worked a bit too well for China, with strong exports contributing to the over-heating of the mainland economy. The biggest failing of the goods-for-bonds deal, however, is that it has hooked American consumers onto cheap imports and caused a huge deterioration in the U.S. current...
...first crack at the U.S. market ended in disappointment. Beginning in the 1980s, LG sold cheap TVs under the brand Goldstar, after the company's former name, Lucky-Goldstar. In 1995, LG purchased American TV maker Zenith Electronics Corp. and began using that moniker on its products. But four years later, Zenith filed for bankruptcy, a victim of cutthroat competition. To avoid a repeat of that failure, LG was content until recently to supply other companies with appliances that sell in the U.S. under their own brands. Chances are, the average American may own an LG-made product...
...August on NBC, which is awarding it the choice time slot vacated by Frasier. That makes Imagi, with its 300 employees, a small example of the kind of business high-cost Hong Kong needs in a big way: knowledge-based companies that don't require cheap inputs or production costs to compete. (Although the city has a world-famous film industry, Japan and South Korea have long been Asia's animation centers; mainland China and India are also on the rise in this field, capitalizing on their cheap labor pools.) Imagi is also a tale of the younger generation reinventing...
...last film (really a TV movie released in theaters because it was deemed too rough for the small screen) was The Killers in 1964. It's a bit of a cheap thrill to watch Reagan play a crime heavy and do his professional best in a scene where he has to slap Angie Dickinson. The Killers, violent and cynical, was a curious coda to Reagan's career. But, in a way, he had only been moonlighting as a movie actor ever since his Army days. He was moving into politics, graduating from Hollywood in the '40s to Sacramento...
Ideally, the “parity policy” would have protected in-house workers from cheap subcontracted labor, but according to labor activists, the University has flipped the idea on its head, using the policy as a way to drive down union wages...