Word: resultingly
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Chemistry isn't a word that most people associate with cocktails. But more bartenders are applying the science of molecular gastronomy to the search for a better drink, mixing alcohol with such stuff as liquid nitrogen, alginates and chlorides. The result: whiskey marshmallows, a mojito mist to be sprayed instead of sipped, a Hurricane that erupts like a school science project...
...movement that aims to quantify what, exactly, a company gets when it puts money into bonding with its workers. Consultancies such as Towers Perrin, Watson Wyatt, Hewitt Associates and the Gallup Organization measure how "engaged" workers are and then counsel companies on how to ratchet up those scores. The result is a slew of initiatives--like frequently telling workers how they generate value and offering them free retraining to move from one division to another--that go far beyond the rudimentary concept of motivating people with pay to get them to work harder. "In competitive times, we all have...
...almost certainly for the worse. Higher labor costs, a strengthening Chinese currency and soaring raw-materials prices are bad enough. Now a slowdown in global growth and a likely full-blown recession in the U.S. are about to stress-test China's manufacturing sector like never before--and could result in the shuttering of thousands of factories and cost hundreds of thousands of workers their jobs. Makers of low-end goods are already suffering. The Guangdong city of Huidong was home to 3,000 shoe factories at the beginning of 2007, but as many as 500 of them have closed...
...meant more jobs and more growth, which made them look good in the eyes of their political superiors. Not only that, but local officials, who can seize land and issue permits for new projects, were often silent partners in new manufacturing ventures. Too many factories were built as a result...
...Lehman Brothers economist, says that as manufacturers are pushed to the brink, China's stock markets could see sharp declines. Given that many large, listed Chinese companies pad their profits by investing in stocks themselves, "a big correction could bring [corporate earnings] even lower, and a vicious cycle could result," says...