Word: chicago
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Such cuts may help the short-term bottom line but can haunt companies down the road. "Stopping those payments can be a violation of an implicit contract, and that can affect people's sense of loyalty," says Stacey Kole, an expert on human-resources management at the University of Chicago Booth School of Business. "It's a natural trigger for people to look outside for alternative jobs." And employees remember such slights. "If you cheat me today," Kole says, "I'll remember that when I have options to go elsewhere...
...There's also a legitimate question as to who would do the restructuring. GM CEO Rick Wagoner has made the case that his crew is best placed to run the turnaround since it knows where the cost buttons are. But critics like Jim Schrager at the University of Chicago Booth School of Business say the wrong people are in charge: "I think you would only put money in GM if you had a complete change in the board and the current management. They are diligent. They worked very hard, but it just hasn't worked." In Schrager's view...
...that's ultimately where Detroit ends up, is it worth the price to get there? Put another way, does GM deserve to be bailed out or left at the mercy of the market and almost certain death? "The University of Chicago training in me says the market should prevail," says Schrager. "But the Chrysler bailout was a success, and, gosh, I'd love to save it." That sentiment is not shared by everyone, and it goes to the heart of the central economic debate facing the country - between hard-nosed capitalists, who believe the market should decide, and public-policy...
...Honolulu mortuary handling the arrangements, Borthwick Mortuary, has not returned phone calls. Obama's campaign, however, says he will return home to Honolulu sometime in December, prior to his Jan. 20 Inauguration 5,100 miles away in the nation's capitol. (See pictures of Obama's victory celebration in Chicago...
Soetoro-Ng could have accepted her brother's invitation to be by his side on election night in Chicago. But, as she had for much of the past eight years, she chose to stay in the apartment on Beretania Street where Dunham raised Obama as a boy and where Soetoro-Ng later cared for her. In the post-election e-mail, Soetoro-Ng writes of the sometimes conflicting emotions surrounding her grandmother's death and brother's success - and of the need to unplug for a while with her husband Konrad and their 4-year-old daughter Suhaila on Oahu...