Word: firm
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...hottest seats in European business these days are in the auto industry. Last week, Volkswagen, Peugeot and Fiat all announced that they're trading in their chief executives. That leaves just highly profitable Porsche as the only significant European auto firm not to have switched bosses in the past 18 months. The turnover reflects upheaval in the industry worldwide as firms not only jostle to take advantage of new markets in Asia and elsewhere, but also struggle with unrelenting cost pressures at home. The big surprise came at VW. Bernd Pischetsrieder had just signed a new contract...
...Europe's biggest telecommunications company, which also owns the successful American wireless company T-Mobile, have lost confidence in management's ability to stop the dramatic decline in its domestic business, according to people familiar with the situation. One of those big shareholders is the U.S. private equity firm Blackstone Group, which has been exerting American-style, do-it-now pressure on one of Germany's iconic businesses. The supervisory board is expected to hold special meeting, possibly as early as Nov 19, to vote to replace Ricke and Walter Raizner, the management board member in charge of the company...
...visit the nerdy hero and give him Jordanesque abilities. Once aliens like your sport, you have arrived. Indian cell-phone carriers have featured kids shooting hoops in recent TV spots. "As a business opportunity, the potential is huge," says Anil Kumar, president of SportzIndia Management, a marketing and consulting firm. The key for the NBA, Kumar insists, is TV saturation. "Cricket on the small screen? It's impossible to see the ball. You have to do replays every time. Basketball is a sport made...
Kristin Morgan, a brand engagement manager for Mr. Youth LLC—a marketing firm that works with JetBlue, also confirmed in an e-mail that “Blue Day” is not a prank...
...SPOT?For Nicholas B. Batter ’08, a 2005 transfer from the University of California-Los Angeles, the consulting system itself is an outrage. Batter was upset by a post on the Harvard transfer e-mail list asking for applications to a student-run college consulting firm.“It’s a crime against students who need help the most,” says Batter, who is also a Crimson cartoonist. “It’s exactly 100 percent the opposite of what should be happening in our admissions process...