Word: austrian
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...holiday destination, klagenfurt may not have the charm of Siena or the sexy allure of St. Tropez, but it has something potentially better - an airport. For years, the sunny southern Austrian town was just about nowhere on the list of British vacationers' choices. But Klagenfurt is one of the newest destinations for Ryanair, the no-frills Irish carrier. The tourists are pouring...
...target of manifold legal claims from employees who worked making refractory bricks. Halliburton officials believed that Dresser was indemnified. But when Harbison filed for Chapter 11, tort lawyers came after Halliburton. Cedric Burgher, Halliburton's vice president for investor relations, points out that, even with the asbestos claims, an Austrian company paid nearly $600 million for Harbison-Walker in 1999. Says Burgher: "Nobody foresaw this." Lawyers for asbestos victims say Cheney and Halliburton should have known better. "Everyone knew these were multimillion-dollar cases," said Glen Morgan, a leading asbestos-claims lawyer based in Beaumont, Texas. Whatever Cheney knew...
...Austrian artist Gustav Klimt were around for his 140th birthday on July 14, he'd probably be a happy man. A controversial artist whose erotic and sensual works were once scorned for their "unclear ideas through unclear forms," Klimt is now enjoying a splash of dead-artist celebrity, with his influence popping up in ads, restaurants and even shoes. O.K., maybe he wouldn't be that happy. --By Heather Won Tesoriero
...excitement in Formula One happens in an office in Paris rather than on the track. A meeting of the International Automobile Federation (FIA) fined the Ferrari team and drivers Michael Schumacher and Rubens Barrichello $500,000 for causing the biggest rumpus in the sport's recent history. At the Austrian Grand Prix on May 12, racing fans jeered and booed their disapproval when Ferrari team bosses ordered Barrichello, who had led the race from the start, to pull over and allow teammate and World Championship leader Schumacher to win. But it was not for that fix that Ferrari...
...Sprint. It may be too early to declare a new outbreak of merger mania, but companies with an eye on European assets will certainly be dusting off their courting clothes. THE BOURSE Name With Legs Can you get too much brand recognition? Sony must think so. It sued Austrian wholesaler Time Tron for using "Walkman" to describe rival products, but Austria's top court ruled the term was too universal to be owned by any one firm. Please, No Equitygate H Private equity firm Hicks, Muse, Tate & Furst is hiring former U.S. Secretary of State Henry Kissinger to help...