Word: ibm
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...stage. But the board ultimately concluded that Fiorina had one significant weakness as a chief executive: she just wasn't very good at running the business. That's a problem when you head an $80 billion behemoth with lackluster earnings that is beset on all sides by competitors like IBM, EMC and Dell. "Looking forward, we think the job is very reliant on hands-on execution, and we thought a new set of capabilities was called for," said Patricia Dunn, an HP director who became nonexecutive chairwoman...
...traditional pension plans, down from 57,000 a decade ago. According to James Klein, president of the American Benefits Council, "the big question is being missed: What can be done to bolster the defined-benefit system" and preserve those plans that are left? Probably not much. Just this year, IBM stopped offering new hires a company-funded pension, joining firms that have shifted their focus to the 401(k). "It now has a politically acceptable feel, which argues for a continued decline in defined-benefit plans," says Dallas Salisbury, CEO of the Employee Benefit Research Institute...
...officer was dispatched to Sever Hall to report on a stolen black IBM T41 ThinkPad left unattended in the library. The laptop was valued...
...Officers investigated in Currier House a stolen black IBM ThinkPad laptop worth $2,200.00. A Northface backpack valued at $60.00, containing a U.S. passport valued at $100.00, was also taken from an unlocked room...
...company in terms of its oil reserves. But economists fear that, due to government pressure and national pride, managers will go for deals with inadequate regard for long-term corporate health. To keep growing, Lenovo needed to reach markets beyond the highly competitive domestic electronics sector, and buying IBM's PC unit gives the company control of one of America's most respected brands. But Lenovo's share price in Hong Kong has fallen 21% since the deal was announced in December. Investors are questioning the prudence of acquiring a unit that lost nearly $1 billion in the three...