Word: 3m
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Dates: during 2000-2009
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...HRAS aren't new. Textron, which labels them "personal-care accounts," offered them to 3% of its work force last January. What's new is Treasury's blessing of the accumulation feature. Starting this January, Textron will expand the benefit to most of its 51,000 employees. Coors and 3M will start a similar program. "This is the future of health care," says FlexBen's Wilson, who predicts most large companies will set up HRAS in the next few years. The downside: to offset the costs of hras, companies will impose significantly higher monthly premiums and deductibles...
...MICROSOFT attacking its market niche, corporate sleuthing has become more valuable than ever. "The most fundamental importance of intelligence is to warn--specifically, to warn against surprise attack," says consultant William DeGenaro, a veteran of government intelligence and a former director of business research and analysis at 3M. "Take the same process and substitute another threat--a blindsiding alliance, a technology shift. It's all the same...
Certainly nobody predicted the effect the phrase "asbestos liability" has had on the stock prices of Viacom, Halliburton and 3M, which have also taken recent hits. What is more disturbing, however, is that evidence suggests the number of recent claimants who are actually ill is on the decline; in other words, the number of healthy claimants is climbing. "The bulk of these people have no impairment," says Steven Kazan, a lawyer who represents only patients sick with asbestos-related diseases. In 1999, 12% of the Manville Trust's 31,700 claimants were sick with asbestos-related ills. Last year...
...McNerney Jr., 51. Immelt was the youngest of the three, and the fact that he could serve as CEO for two decades may have nudged him ahead. As for the losers, within weeks they were running FORTUNE 500 companies. Nardelli took over retailer Home Depot, and McNerney now heads 3M, a tech and consumer products company more like...
...sell, too, in Lucent was practically running out of employees after cutting 20,000 more jobs, selling $2.75 billion worth of assets to raise cash and embarking on yet another desperate restructuring, if Amazon.com suddenly looked even less like it would ever make money, if manufacturing outfits like Alcoa, 3M and International Paper served up another painful reminder that inventories were nowhere near gone and manufacturing was nowhere near a comeback from the dead...