Word: contracting
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...wind business, snapped up from Enron for $358 million, has grown into a $2 billion enterprise, with sales up 300%. GE has been rolling out a new generation of supersized turbines for offshore wind farms, the latest one off the coast of Ireland, and announced its third contract to supply smaller windmills to mainland China--where energy demand is soaring and the government aims to spend $85 billion on pollution controls, especially in smog-choked cities like Beijing, site of the 2008 Olympics. Immelt also intends to capitalize on coal-gasification technology purchased last year from Chevron, allowing...
Harvard itself was cleared of the fraud allegations but still faced damages of up to $34.8 million for breaching its contract with the U.S. Agency for International Development. Shleifer and Hay faced treble damages of as much as $104 million each...
...lawsuit has been a thorn in the University’s side ever since the government terminated its contract with Harvard in 1997. The Harvard Institute for International Development, which had run the Russia program, folded in the wake of the scandal, and Shleifer’s reputation was suddenly undermined...
...according to HMS Professor of Genetics Brian Seed, the ownership of medical research is never black-and-white—and generally subject to an early contract of some sort...
...comeback with a caveat, however. Acer is prospering because it no longer makes computers?or anything else. Since Wang took over as Acer's president in 2000, the company has undergone a no-prisoners downsizing that jettisoned all of Acer's electronics manufacturing operations. The computer-making arm and contract manufacturing businesses were spun off and renamed Wistron. The consumer-electronics division became BenQ, and an LCD maker became AU Optronics. The new Acer exists primarily as a computer design, distribution and marketing company that hires contract manufacturers such as Taiwan's Quanta Computer to ship Acer-branded machines from...