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Google's new CFO, Patrick Pichette, is leading the company's belt-tightening. A former executive at Bell Canada, his impact was already evident in the firm's third-quarter results, which it announced in October. Although the company's revenue was slightly lower than analyst estimates, earnings were higher due to cost-cutting measures spearheaded by Pichette, such as decreasing the number of new hires. "Google has certainly gotten religion on expenses, and that is due largely to the new CFO," says Sanford Bernstein's Lindsay...
...FINAL BELL...
Harvard has had a lot of Presidents, but none of them were named “Bell Johnson.” In China, “Bell Johnson,” who sports a mustache and furrowed brow in a black-and-white portrait, has been placed on flyers for Megee, a water heater company based out of the Guangdong Province. Earlier this year, retailers who sell Megee products began hailing “Johnson” as the president of Harvard University. The logo carries the University’s name in both English and Chinese...
Beginning the first week of December, Salvation Army bell ringers will set up red kettles on street corners and in malls across the country, hoping to collect more than $100 million in coins and small bills. It's an old-school way of raising money and the Army knows it, so this year, the charity is supplementing its famous Red Kettle Campaign with a Twitter feed, a Facebook widget, and a cell phone text message donation program in addition to its recently introduced online kettle program. The Army, short on volunteer bell ringers, even pays some people to coax passersby...
...helped provide Christmas meals to more than 100,000 people. In 1901, the first of many mass sit-down Christmas dinners at Madison Square Garden was funded by kettle donations. Despite occasional bans over the years on kettle set-ups outside stores and malls, which sometimes prohibit the bell ringers on the grounds that they block foot traffic and invite others to solicit at entryways, the Salvation Army says it raised $118 million through the program in 2007. (The charity is also in the process of distributing a $1.5 billion donation from Joan Kroc, the wife of the founder...