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...firm now markets efficient skylights and vertical windows, and in recent years has shifted into rooftop solar heating. Government policies and strict regulations have helped here too. "The mega-trend today is renewable energy and energy efficiency, and we're improving them both," says Leif Jensen, VKR's CEO...
...before the press conference was to take place, Branson heard about the Pudding’s plan and he wanted to be in on it. “To everyone’s surprise he came out in drag,” Lachter said. Virgin America President and CEO C. David Cush was also present at the launch, though not in drag. Hasty Pudding ended up involved with the event due to the timing of the launch and the Pudding’s Woman of the Year Parade. According to Lachter, Virgin America approached the Pudding about being...
...opposite end of the spectrum is the still reasonably healthy JPMorgan Chase, which announced Monday that it is slashing its dividend 87% - in part, said CEO Jamie Dimon, to enable it to buy back as quickly as possible the $25 billion in preferred shares the government purchased from the company in October. That would free JPMorgan from government-imposed pay limits and other pressure from Washington and allow its shareholders to profit more fully from a financial rebound. (Read "How to Know When the Economy Is Turning...
...funds. Some 600 small banks have filed applications to get financial-rescue funds, and they are still waiting for a response from Treasury. And that has driven up the resentment of large banks by their smaller competitors. "There is no future for the miserable eight," says Rusty Cloutier, the CEO of MidSouth Bank, a community bank in Lafayette, La., referring to the nation's largest banks. "No one is dealing with that. We can keep pumping money into them, but it isn't going to make it better...
...fare deals may not last, however. "We are actually encouraged by the pace of our early bookings," says Royal Caribbean CEO Richard Fain. But "we're also finding that going to extreme price discounts in order to fill the very last cabin may not be as productive" as once thought. For one thing, the cruise lines still have to pay for all the new megaships they're launching these days. With more families and seniors forgoing cruises, Celebrity was smart to give its Solstice a more contemporary design for younger travelers, including a special bar for vodka-and-caviar tastings...