Word: firming
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Nobody can blame Volkswagen CEO Martin Winterkorn for smiling this past week. VW has just turned the tables on would-be raider Porsche, placing Europe's biggest carmaker in the driver's seat for a planned merger with the much smaller and sportier firm. And while colleagues at rivals like Daimler, Fiat, General Motors and Peugeot are busy trying to survive the current economic storm, Winterkorn seems poised to throw VW into high gear...
...Officially Silverman, the 38-year-old co-chairman of NBC Universal Entertainment, is leaving the network in the fall to start a new company with IAC, the media and Internet firm founded and headed by another colorful former TV executive, Barry Diller. But speculation has been rife about the fate of the much-storied Silverman since his two-year contract at NBC was not reviewed in June. NBC president and CEO Jeff Zucker had earlier made it clear that if Silverman were at NBC, it would be because NBC wanted him there. Presumably, the reverse is also true...
Bill Gage, who owns a corporate staffing firm in West Reading, Pa., and takes midday jogs several times a week to break up his long, stressful office hours, decided this spring to have a shower installed in his company's headquarters. Gage did not react well to the first contractor's estimate of $14,000: "I say, 'Are you nuts? I'm not paying your country-club dues, pal.' He drops the bid to $4,400." But Gage got another estimate, from his receptionist's husband, for $1,100. "He wins, and he does a super job, top notch...
...made partner at the Anchorage branch of the Washington, D.C.-based law firm Patton Boggs...
...people think these Cadillac plans are primarily covering wealthy executives, they are mistaken," says Tom Billet, a senior health-benefits consultant for Watson Wyatt, a corporate consulting firm. In reality, many more of the most expensive employer-based health-insurance plans cover people like the families of New Hampshire state employees who, according to the Boston Globe, have policies worth $20,400 per year. (The employee contribution is $60 per month...