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During his long career with Intel, the world's largest semiconductor company, Paul Otellini has had a catbird-seat view of the remarkable social and business changes wrought by the information technology revolution. Now Intel's CEO, he has also witnessed some of the tech industry's biggest setbacks, such as the implosion of the dotcom bubble in 2000 that plunged the U.S. into recession. In an recent interview with TIME senior editor Jim Erickson, Otellini discussed some of the differences between the dotcom bust and the current global financial crisis - and whether technology's Next Big Thing can help...
...reality is people are landing [safely]." Still, some of those landings have been bumpier than desirable. "You may need to reinvent yourself," Eaton says. "Some people are not going to go back to the same companies, at the same levels, at the same kinds of jobs." Adds Roy Krause, CEO of the recruiting and staffing firm Spherion: "It's surprising - our surveys [of job seekers] on a monthly basis show less confidence in the economy, clearly, but still a surprising amount of confidence in their individual ability to go find a job." (See pictures of TIME's Wall Street covers...
...current financial crisis may dominate the news, Teach for America founder Wendy Kopp spoke at Harvard’s Graduate School of Education yesterday afternoon about a very different crisis: that of the myriad problems facing America’s public schools today. Kopp, who serves as the CEO of the organization, was introduced by Graduate School of Education Dean Kathleen McCarthy who stated that “more undergrads than ever are seriously considering Teach for America.” After the introduction, Kopp spoke enthusiastically for half an hour about the 18-year-old program. According to TFA?...
...billion in federal earmarks for Alaska since 1995--was convicted by a jury in Washington for making false statements about gifts like his new massage chair, a pricey sled-dog puppy and, most of all, massive renovations to his home that were largely comped by Bill Allen, the disgraced CEO of Veco Corp., an oil-services company. Stevens, 84, had predicted the outcome before he even knew the FBI was listening to his telephone conversations. In a particularly incriminating wiretap that was introduced as evidence in his trial, he assured Allen that "the worst that can happen...
...minimum a college degree. That education gap could lead to devastating outcomes if a lack of skilled workers leads to more industries heading overseas and more Americans facing poverty and crime-ridden streets. "We are letting every other country surpass us in educating children," says Marguerite Kondracke, president and CEO of America's Promise Alliance, a nonprofit dedicated to improving education. "It's a risk not only to our economy, but our national security as well...