Word: firm
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Rebecca Lindland, a senior auto analyst for the research firm Global Insight, is a fan of both electric cars and GM's plug-in Volt. "This is not a George Jetson future," says Lindland. "This is ours." But that future is still a ways off. Lindland said that when she met with GM executives not long ago to talk about the Volt, she reminded them of one vexing question: The plug-in makers' assumption is that drivers will recharge their cars in the garage at home, where it shouldn't be too hard to find an electrical outlet...
...Universe." On Monday, being an employee of Lehman Bros. looked about as much fun as a perp walk. Overnight, the 158-year-old Wall Street behemoth filed for Chapter 11 bankruptcy protection, a stunning collapse that may leave thousands of employees without jobs. With $639 billion in assets, the firm's filing is the largest in history. Throughout the day, as media crews hovered around the entrance to the firm's Midtown Manhattan headquarters, some of Wall Street's best and brightest trickled out onto the pavement, their faces crestfallen and their ties yanked askew...
...talk seemed unable to summon much emotion, saying they remained in the dark about the firm's future. "We don't know what happens on the [executive floors]," says a 31-year-old analyst. After two years at Lehman, he arrived at work Monday morning without any idea of what might happen beyond what he read in the Wall Street Journal. "The really top execs screwed up very badly," he says. "They wouldn't admit defeat. They were macho. Absolute power corrupts absolutely - that kind of thing." Asked whether management had made any announcements on the firm's next steps...
Others sought to lend what assistance they could. Having been unable to break through the firm's jammed phone lines, Jason Cohen, a psychiatrist in private practice, made the one hour, 40 min. drive Monday morning from Freehold, N.J. with the intention of offering counsel to dumbstruck employees. But after witnessing the scene unfolding on the sidewalk, he decided to hold back. "I don't have the heart to approach people carrying boxes out of their offices," he says...
...UC’s only involvement with the service will be to get the word out, especially to freshmen. Crimson Reading will continue to use Harvard students as ISBN gatherers at the Coop, Maddox said. In addition, BrunoBooks has outsourced some of its ISBN collecting operations to a firm in India. Crimson Reading’s profits go to Living Compassion, a charity that has raised $9500 to date towards building a school in Zambia. Sundquist said that the UC will not receive any of Crimson Reading’s profits beyond $200 to pay for posters and supplies...