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...Netscape during the dot-com boom, the appeals court said the trial judge erred by instructing jurors that Quattrone did not have to intend or knowingly commit a crime when telling subordinates via e-mail to "clean up" their files during a government investigation of Quattrone's former investment firm. The government argued that Quattrone was e-mailing specifically about subpoenaed documents. The defense said he wasn't. The trial judge told the jury it didn't matter...
...Other recent cases bolster that view as well. The U.S. Supreme Court, in a case directly related to Enron and Quattrone, in May of 2005 voided a witness-tampering conviction of the accounting firm Arthur Andersen LLP by stating that the trial's jury was wrongly told it could convict the firm for shredding documents during the government's investigation of Enron even if Andersen employees believed they were not breaking the law. And Bernie Ebbers, former CEO of WorldCom, convicted last year on fraud charges in the financial collapse of the telecommunications company, is basing his appeal on similar...
...decade ago, was to figure out that the future lay beyond chairs. The Calligaris furnishing collection, sold under the slogan "Italian Living," last year included sofas and beds for the first time, as well as shelves, tables and, of course, chairs. One big shift came in 2000 when the firm began buying and processing its wood in Croatia, at a plant near the forests where it's cut. Calligaris switched some of the upholstery work to Bosnia, where wages are one-tenth of those in Italy. And he has put a relentless focus on making his own branded products rather...
...even as they talk about focusing on Italian manufacturing heritage, officials for the bigger firms are dealing with reality and shifting production out of the Manzano district. Luigi Cozzi, for example, has relocated his wood treatment to Romania, where his firm, Idealsedia, now has 300 workers--50 more than it has in Italy. Such cost-cutting moves are a matter of survival. Natuzzi, a major Italian sofamaker headquartered in Santeramo, still makes high-end products in Italy. But less expensive sofas aimed at price-conscious North American consumers are wholly made at a factory Natuzzi operates in Shanghai. The company...
...flights for Lufthansa, Swiss and KLM four years ago, but the first full-fledged airline, Eos, took off last fall from New York City's J.F.K. to London's Stansted. Its customized Boeing 757s have just 48 "suites," including lie-flat bed seats. Eos partners with London-based concierge firm Quintessentially to offer services to passengers from boarding until 24 hours after returning home, and its frequent-flyer points have a fixed cash value. Eos will even book customers on other airlines, paying for tickets with points from their accounts - a first in the history of the business. Joining...