Word: keepeing
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...public company is sick, does the board have to tell the world? How sick? Life-threatening? Enough to keep the person out of work for an extended period...
...There has been a troubling suspicion that Apple (NASDAQ: AAPL) has not been forthcoming enough about the health of its CEO, Steve Jobs. He was O.K., and then he was not. The board probably knew that all was not well. It decided to keep that to itself. But maybe the board grew restless and asked Jobs to take some time off. (See pictures of Jobs...
...were sort of two Young Turks and in those days. Rudy used to like to party and so did I. And so we would keep everybody at the firm until all hours of the night and then we would go to Les Oubliettes or someplace and dance the night away." -On life with his law firm colleague Rudy Giuliani, New York Times...
Still, both companies see short- and long-term upsides to joining forces. Chrysler is in dire straits, considered the closest to collapse of the Big Three. The $4 billion in federal loans it received last month to help keep it afloat, and the additional $3 billion it hopes to obtain in March, carries the stipulation that the company move quickly to find ways to produce smaller, more fuel-efficient models, which have long been Fiat's bread and butter. "A Chrysler-Fiat partnership is a great fit," said Chrysler chairman Bob Nardelli in the joint communiqué. "It creates...
...That won't erase the uneasiness permeating the high-tech park. Some companies are cutting bonuses, which can amount to more than 40% of workers' pay; when reduced work hours are factored in, some employees are suffering pay cuts of up to 50%. And despite efforts to keep staff on payrolls, the number of layoffs at Hsinchu tripled last year, to 4,400, compared with layoffs in 2007. "Everyone's insecure about their future," says a saleswoman at United Microelectronics Corp. (UMC), who requested anonymity. "I came to Hsinchu 10 years ago for the money. Everyone felt this industry...