Word: electricizers
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But they are the angriest. "People are so undervalued here--we feel like commodities," says a software engineer in General Electric's medical-systems division whose gripe echoes those of millions of mid-level professionals in corporate America. She says employees like her have been pressured to put in longer...
General Electric's old advertising slogan--"We bring good things to life"--conjured the comforting glow of a GE light bulb or the hum of a refrigerator. Real stuff. The company's new catchphrase--"Imagination at work"--may soon summon visions of the Hulk or a horse named Seabiscuit. With...
Utilities such as electricity are said to be public services. What a farce! Utilities that are owned by for-profit corporations have primary legal responsibility to their investors, not the public. When the supplier of electric power has a monopoly in a given area, there is no competition and no...
Experts suggest that utility ratepayers could be on the hook for $50 billion or more to upgrade the electric-power grid. Meanwhile, the current annual Federal Government investment in solar-energy tax credits and research programs is less than $100 million. Solar power kept working when the grid went down...
As head of Vivendi Universal, Jean-Marie Messier was the flamboyant king of spin - and in the end he flamed out. Now Messier's successor, Jean-René Fourtou, has a new title: the king of spinning off. In the 14 months since Fourtou took over the debt-laden French...