Word: firm
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...into ever more unlikely forms and flavors--squeezable, drinkable, chai, cappuccino and black currant--while nailing three major food trends: convenience, portion control and health. "Give it a few more generations, and this could be the No. 1 food," says Harry Balzer, vice president of the NPD Group, a firm that tracks America's eating habits. "This is where the country is heading...
...Stonyfield Farm, based in Londonderry, N.H., whose seven-cow farm has since 1983 become a company with $211 million in sales. Stonyfield Farm has tripled sales in five years, helped no doubt by Groupe Danone's distribution muscle. The French company completed its purchase of 85% of the firm...
President Bush followed a well-worn path to the Goldman Sachs well when he tapped Hank Paulson, the firm's CEO since 1999, to succeed John Snow as Treasury Secretary. Across Wall Street, they are hoping that Paulson can bring a gravitas to the job that has been missing since the tenures of Larry Summers and another former Goldman executive, Robert Rubin, both of whom served under President Clinton...
...cities have had similar schemes for years, and since 2003, Singapore has been adding treated wastewater to its reservoirs, the quality of its NEWater exceeding World Health Organization guidelines. Greg Leslie, associate professor of chemical engineering at the University of N.S.W., worked on Singapore's scheme with engineering firm CH2M HILL, which is proposing to upgrade Toowoomba's sewage-treatment plant. Leslie thinks objections raised to such schemes in Australia verge on hysteria. "I can't fathom anyone in their right mind saying they wanted to drink sewage," he says. "But drinking highly treated water is a completely different kettle...
...DIED. Edouard Michelin, 42, who in 1999 succeeded his father Fran?ois as CEO of the tire firm bearing the family name; in a boating accident; near Sein island, France. An engineer and onetime assembly-line worker who rose through the ranks, he controversially cut thousands of jobs to improve competitiveness, reformed the company's secretive image and created the annual Challenge Bibendum, in which automakers worldwide compete to create the most eco-friendly cars...