Word: firm
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...particular drug company has been a significant player in Botswana: Merck. The U.S. firm created some of the first ARVs capable of treating HIV and AIDS (Crixivan and Stocrin), but has in the past been criticized for its methods of distributing them. In 2004, MSF singled out Merck for reneging on commitments to release the medicines at a cost of less than $1 per person per day. Merck was hurt by such accusations. (According to the firm's website, its founder, George W. Merck, once said: "We try never to forget that medicine is for the people...
...squabble with cabin-crew employees in January over pay and working conditions triggered flight cancellations that set BA back $150 million. In July a report by the Association of European Airlines put the firm near the bottom of the region's carriers for punctuality. In a ranking of lost luggage, BA performed worse than any other airline that provided data, losing 75% more bags than Air France and Lufthansa...
...four years as boss of the Irish carrier Aer Lingus "was easy," says Walsh. "I just multiplied everything by 10." That applied to problems too. When he arrived, the company's pension fund was short by almost $3 billion, more than the shortfall at any other major British firm. And the payroll for BA's 46,000 employees sucked up a bloated 30% of its costs...
...late 2005, with Entwistle as employee No. 1. Next, a second temporary home in a worn-down office building abutting a sprawling slum. When rains flooded the streets, many employees chose to stay the night rather than wade through the filthy water. Entwistle points out the Dumpster that the firm donated to the block, as well as the spot where the generator truck running the trading floor used to park. "When you're working out of a dump, you know you've really got people's loyalty," Entwistle says. Another benefit, he notes wryly: "It's not hard...
...from the Snohvit (Snow White in Norwegian) gas field, some 90 miles (145 km) offshore, was a beacon of promise: After 25 years of false starts, planning and construction, the first Arctic industrial oil-and-gas operation outside of Alaska was up and running. Norway's state-owned petroleum firm Statoil could finally exploit once unreachable reserves, expected to deliver an estimated $1.4 billion worth of liquefied natural gas each year for the next 25 years...