Word: industriale
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That much was obvious at the Columbia fair, as extremely well educated young people in suits crowded three or four deep around company representatives. But while green jobs may not be plentiful today, they surely have a more sustainable future than the industries that are being wiped out. "Even in...
Harvard Design School Professor Richard Peiser, an expert on real estate development, said that while Harvard’s slowdown in Allston might initially discourage investment in the neighborhood, the University’s presence will have a positive impact on property value and the attractiveness of Allston in the...
What makes the Schaeffler case particularly interesting is the timing of the Auschwitz allegations. It may be part of the negative reception of the controversial corporate buyout, originating from a source who may want to damage the Schaeffler family, spreading rumors about its activities during the Nazi period. Indeed, the...
At the center of the drama is Maria-Elisabeth Schaeffler, 67, the grande dame of one of Germany's richest industrial clans. Last year she spearheaded her car-component company's dramatic 12 billion euro ($16 billion) takeover of a larger rival that left most of Germany breathless - but not...
The family thrived after the war, but now it faces diaster. Even without the Auschwitz allegations, the foundations of the Schaeffler industrial empire have been shaken. With the German government (and Germany's taxpayers) refusing to bail her out, Maria-Elisabeth Schaeffler will have to give up a significant stake...