Word: ceos
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Dates: during 1990-1999
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...profit of $2 million last year. The five sizable publicly traded discount airlines lost a combined $58 million in the first quarter of 1997, while most big carriers enjoyed sky-high profits. "You have to find a niche and stay with it," says Bob Reding, Reno's president and CEO. "A lot of start-ups try to grab too much, and they overextend themselves...
...merger would make sense. Services at the two hospitals overlap, and beds go empty. A study predicted that by 2001 Bedford will need only 65 beds, 95 fewer than it has now. "Those numbers are probably going to drive where we go with this whole thing," says John Birdzell, CEO of Bedford Regional. Dunn's CEO, Richard Hahn, does not disagree. "There's been a consensus that one hospital would be a good goal to strive for," he says. But over the past 15 years, four attempts to merge have failed when the two sides could not agree on whether...
Which is almost possible. I asked Sharam Sasson, 42, president and CEO of @Large Software, if he knew who Trent Lott is. Sasson, a highly educated, thoughtful and articulate research engineer, born in Iran but now an American citizen, said, "I don't know him." I also asked Joel Bellenson, the 32-year-old CEO of Pangea Systems, a 1991 biotech start-up. A few years and a few moves further along than @Large (though still, shall we say, preprofitable), Pangea is recently installed in a glamorous office overlooking a lake in downtown Oakland. Bellenson, who says he subscribes...
...CHRISTENSEN, is a chef who knows how to mix the dough of legislation. His Omaha district is home to a Metz bakery, a Pepperidge Farm depot and several facilities belonging to the country's largest baking firm, Interstate Bakeries Corp., maker of Wonder bread. Federal records show Interstate CEO Charles A. Sullivan and his wife contributed $3,000 to Christensen in 1996. The American Bakers Association, which gave $46,700 to House Republicans and $1,000 to Christensen in 1995-96, calls the new rule's enactment by the Committee on Ways and Means an "immaculate conception." Now that...
...Rondonia, Brazil, urban poor and rural peasants alike seem to realize that they pay the biggest price for pollution and deforestation. There is cause for hope as well in the growing recognition among businesspeople that it is not in their long-term interest to fight environmental reforms. John Browne, CEO of British Petroleum, boldly asserted in a major speech in May that the threat of climate change could no longer be ignored...