Word: compagnia
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...Short History of a Revolutionary Idea, John Micklethwait and Adrian Wooldridge, both editors at the Economist, take a Churchillian view: corporations are the worst form of economic organization, except for all the others. The book is an entertaining romp through the highs and lows of corporations since the first compagnia appeared in 12th century Italy. An 18th century British lord complained, "Corporations have neither bodies to be punished, nor souls to be condemned; they therefore do as they like." The authors see a new era of corporate self-restraint, but recent events show how little has changed. --By Richard Hornik
Cashing in on the new ascendancy of Italian wines in the U.S., a number of tour operators are offering a variety of wine tours, with immense success. One extravaganza, a twelve-day Bacchanalian Trip organized by Compagnia Italiana Turismo (CIT), meets guests at the Rome airport and deposits them, twelve vinous days later, at the Turin airport. The $698 immersion includes hotels, unlimited wine bibbing, visits to vineyards and cellars in the major winegrowing areas, and espresso and sympathy the mornings after...
...involving local pride and pocketbooks.Still, there are few precedents for the problems faced by Arthur G. McKee & Co., a Cleveland engineering firm that does a $154 million-a-year business designing and building industrial plants around the world. Independence-minded employees of the company's subsidiary in Rome, Compagnia Tecnica Industrie Petroli (CTIP), are staging an outright corporate rebellion...
...guest of honor nibbled on white grapes, and when her companion asked the band to play Adios Compagnia, she joined the bittersweet chorus. The candles guttered in their pink crystal holders, and then there was only the moon to illumine the close faces around the silvery deck...
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