Word: dowe
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...Center for Business and Government (CBG) will produce research, sponsor two fellowships and run executive conferences as benefits of its partnership with Keizai Doyukai (Doyukai), a Japanese business association, said J.H. Dow Davis, executive director...
That's the kind of news the market likes to hear. The Labor Department Friday sent the Dow scooting up 300 points to a record 11,340 and NASDAQ blasting up to 3,500 for the first time. The impetus was an unemployment report that contained the best possible scenario for Wall street - continued healthy job growth but no sign of wage inflation. "In investor psychology, the unemployment figures are the most important of all economic indicators," says TIME senior business writer Bernard Baumohl. "It indicates both the strength of the economy and the potential for inflation, and Friday...
Sometimes you have to lose to come out a winner, and no one knows this better than the brass at Dow Corning, one of the makers of the now-infamous silicone breast implant. In a preliminary statement, a federal judge announced Tuesday that Dow Corning will pay $4.5 billion in order to come out of bankruptcy - a figure that includes $3.2 billion in damages to women who claim they were injured by the chemical giant's negligence. "This is one of the great cases of product liability in American legal history," says TIME senior writer Adam Cohen. "The whole case...
This ruling, which comes after extensive settlement negotiations, may mark the beginning of the end of a landmark case. Dow Corning filed for bankruptcy in 1995, after thousands of women filed lawsuits against the company, seeking damages for numerous illnesses allegedly brought on by their breast implants. Despite the stunning amounts of cash it compels the company to turn over, Tuesday's settlement is good news for Dow Corning - the plan allows it to pay back its creditors and return to business. Not just yet, though: The specifics of the bankruptcy ruling, to be released next week, could raise some...
Saturday, Harvard meets host Texas-San Antonio (UTSA). After coming off a horrendous 6-20 season, the Roadrunners are looking to regroup under new Coach Jeff Dow...