Word: chairmans
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...tougher. After setting the pace in netbooks, Asustek has since been losing sales as much larger rivals, including Acer, have muscled in. The company posted its first quarterly loss in the last three months of 2008 after misjudging demand during the recession. "That was a lesson learned," says Asus chairman Jonney Shih, who is adjusting by shrinking the company's product line. Says HTC's Chou: "You're competing with giants like Apple and Nokia. You must really have something special...
...another lesson in Wiedeking's downfall, a lesson unlikely to be lost on automotive executives, investment bankers or even European Union bureaucrats: Volkswagen is not just any German company. Wiedeking lost his bid for control of VW when he lost the support of Ferdinand Piech, the VW supervisory board chairman who initially backed a Porsche takeover. Piech realized that Christian Wulff, the premier of the state of Lower Saxony, which holds a blocking stake in the carmaker, would not support a takeover. All Wulff had to do was use the so-called Volkswagen...
...break summer for Six Flags. And in the current economic environment, families will likely sacrifice thrill-ride screams for savings. So why, in the face of such serious challenges, would Six Flags respond by rolling out an ad campaign featuring a widely mocked character that the company's own chairman once said is "misguided" and "weakens the brand"? Why, just when the stakes are at an all-time high, is a bankrupt company putting that creepy dancing old guy back on our TVs? (See the best and worst Super Bowl commercials...
...seen the security for the Afghan people deteriorate over the last three years," Admiral Mike Mullen, Chairman of the Joint Chiefs of Staff, told troops during a visit to southern Afghanistan on July 17. "We have to start to turn that tide over the next 12 to 18 months." Even as Mullen was hoping for a year and a half to turn things around, Defense Secretary Robert Gates acknowledged on the same day that the U.S. public is war-weary and that progress must come quickly. "After the Iraq experience, nobody is prepared to have a long slog where...
...report released on July 22 by the independent Center for Strategic and International Studies says much more needs to be done. This Washington-based think tank is no bunch of liberal do-gooders; it's run by John Hamre, a former Pentagon deputy secretary who also serves as chairman of the Pentagon's Defense Policy Board, which advises Gates on national-security issues...