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Some companies insist they are determined not to cross ethical lines. Human Bionics, a neuroimaging firm that sells cognitive-assessment and lie-detection services, has hired Illes as an adviser and come up with a 180-page ethics policy that places limits on what the company can extract from the scans and who can access them without a subpoena...
...recent years. Close ties to the booming mainland continue to drive the economy, which grew 8.6% in 2004 and 7.3% in 2005. For 2006, the final figure is expected to be 6.5%. That success is partly due to the fact that Hong Kong is home to a cluster of firms such as Li & Fung, which help orchestrate the production and flow of goods supplied by factories in the developing world to multinational retailers. Hong Kong, says Dennis Cicetti, group managing director of product-sourcing firm William E. Connor & Associates, is "the command and control center" for much of world trade...
...next step came as the spread of communications technologies, improved transportation networks and freer international trade enabled trading companies to begin sourcing supplies and products from Korea, Indonesia, India--wherever they could get the best price and quality. Victor Fung, Li & Fung's group chairman, says his firm had hit on the "idea that you can take work apart and allocate it to other parts of the world. We took the whole thing and disaggregated...
...is Nicole Leibinger-Kammüller still smiling? The chief executive of Trumpf, a family-owned machine-tool firm in Germany, has watched orders from the critical U.S. market slow significantly in the past few months. But while the housing-bled U.S. economy has been sluggish, and the dollar weak, it's all proving quite manageable. "We can feel the U.S. slowdown, but it's not unsettling. There's no crash," Leibinger-Kammüller says. Trumpf's sales of its metal-cutting machines elsewhere--to Saudi Arabia, to Singapore and especially in Germany--continue to rack up double-digit growth rates...
Hughes, a billionaire movie producer, aviator, and businessman, announced in 1953 that he would devote the wealth of his aircraft manufacturing firm to a scientific institute probing “the genesis of life itself...