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DIED. LLOYD CUTLER, 87, consummate lawyer, mediator and Washington insider who, as a private attorney representing clients from IBM to American Express, and as White House counsel to Presidents Jimmy Carter and Bill Clinton, won the admiration of Democrats and Republicans for his expertise in navigating crises; in Washington. The courtly intellectual's feats of diplomacy included persuading the deposed Shah of Iran to leave the U.S. for Panama during the Iranian hostage crisis; helping manage the media during Clinton's Whitewater flap; and urging onetime client Mick Jagger to wear a tie to Washington's tony Metropolitan Club...
...person approached officers to report the theft of an unattended and unsecured backpack at Holyoke Center. The stolen backpack had been filled with $1,750 worth of items, including an IBM ThinkPad computer and a pair of prescription glasses...
...Kind of Blue? Last week, as it shed its personal computer past by finalizing the $1.25 billion sale of its PC division to China's Lenovo, IBM reaffirmed its transformation into an IT services provider - which also meant shedding 10,000 to 13,000 staff in Europe by the end of June. Lower profits and high labor costs have forced IBM to rationalize a business structure that has changed little in decades. Some of the 2,800 staff at IBM's customer service base at Greenock in Scotland are likely to go, as are many marketing and management jobs...
...they're not trusting," she says, "is that big corporate America is going to provide for them. They want to be involved in a creative environment but not have it dominate their lives the way it did when they were selling on the road 80 hours a week for IBM." Plus, Furlong adds, going into business for yourself is fun, especially for women longing for a sense of adventure. "I don't think boomers are going to join the Junior League and have tea," she says. When they do the cost/benefit analysis of staying in a job they dislike...
...next time you're motoring through the United Arab Emirates, you might want to keep an eye on the speedometer. As part of a $125 million deal, IBM will next year start equipping tens of thousands of cars, commercial trucks and government autos with devices to alert drivers--and authorities--when vehicles are speeding. The technology, which includes a GPS and two-way communications link, is meant to stem the U.A.E.'s record of auto fatalities--38 a year per 100,000 citizens, which is more than twice that of the U.S. Privacy issues notwithstanding, with all that data government...