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Alain Passard's decision in 2001 to transform his three-star Paris restaurant l'Arpège - famous for its slow-cooked T-bones, lamb and duck - into a temple to the vegetable raised many an eyebrow in the world of haute cuisine. For the erstwhile master rôtisseur, however, it constituted a culinary rebirth. "Vegetables were a resurrection for me," Passard says. In seeking to define "the first vegetable haute cuisine," Passard has since created such signature dishes as beetroot in croûte de sel and onion flambé with pears and praline sauce. But perhaps...
Microsoft (MSFT) has never had much success in the businesses of creating and marketing hardware. Why should it? Microsoft is the world's largest software company. The firm has tried to become the GE of technology for over a decade; a conglomerate in several loosely related businesses that support one another even if that support is only tangential...
...General Electric (GE) used to be a fairly stable company with a fairly stable stock price. Problems with earnings, missed forecasts, and speculation about the health of its financial services division have made GE's stock volatile and sensitive to rumors. As of April 15, the short interest in GE dropped 6% compared to the measurement two weeks before to a total of 197 million shares. Over that period, GE traded an average of 136 million shares a day, so the short interest is tiny compared with the volume. For short sellers, that is a big plus. High trading volume...
...much of a brand until it introduced the iPod in 2001, but the firm was around for a long time before then. RIMM and the Blackberry are young in the brand Hall of Fame, a group that is dominated by Coca-Cola (KO), IBM (IBM), Microsoft (MSFT), and GE (GE). Interbrand, the Rolls Royce of global brand research, has Apple and Blackberry on its list of the 100 Most Valuable Brands. The list is not infallible; it includes Xerox (XRX), which should have left for "brand heaven" a long time...
...GE's smart meters will be the cornerstone of the program, which is called Energy Smart Miami. While conventional meters do little more than count up the kilowatts sent to a building - they're one-way devices, which means that if a home loses power, the utility doesn't know about it until they receive a phone call - smart meters will communicate two ways, like a computer, allowing utilities to keep precise tabs on their power flow and customers to go online and monitor exactly how much electricity they're using at any given time, by the month...