Word: giante
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...national precedent when they can ill afford it. "If we increase pay without increasing productivity, we'll be destroying competitiveness and creating unemployment," griped Ernest-Antoine Seillière, head of the employers' federation. But unions say firms can afford raises, pointing to recent record profits from oil giant...
...made himself very, very useful to the Chinese economy. Morgan Stanley has raised $20 billion for Chinese companies, mainly through initial public offerings of stock, and Zhu has been involved in nearly all of them, including mobile-phone-service provider China Unicom, Ping An Insurance and oil giant Sinopec. Zhu has an additional $10 billion in deals in the pipeline. He also hooked up France's Thomson with Chinese electronics company TCL--a deal that in 2004 created the world's largest television maker after it merged both companies' TV-manufacturing businesses under TCL management...
...recently debuted to controversy (and huge ratings), and, as Bozell puts it, "suddenly it became artistic to see Dennis Franz's rear end." In 1998 the PTC launched a membership drive that Bozell says netted 500,000 members. (The group now claims a million.) "We awoke a sleeping giant," he says...
...Jackson incident gave the giant a hotfoot. Before that--despite Powell's reputation as Howard Stern's Inspector Javert--the group found the former chair unresponsive to its concerns. ("I don't want the government as my nanny," Powell said in 2001.) Winter, a lifelong Democrat who heads the PTC's Los Angeles and Alexandria offices (to Hollywood, he's the good cop to Bozell's bad cop), says, "We embarrass the FCC. We prove that they're not doing their job, and they are embarrassed...
...Because he's worth it" is now the mantra of Jean-Paul Agon, 48, the French cosmetic giant's new CEO-designate. The head of U.S. operations for L'Oréal since 2001, he will take over next year for Lindsay Owen-Jones, who stays on as chairman. A graduate of the Hautes Etudes Commerciales, Agon will need the skill of a makeup artist to keep L'Oréal looking as good as it has under Owen-Jones, who steered the $19 billion company through two decades of annualized double-digit profit gains. On Agon's to-do list: promoting...