Word: kiviat
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Americans spent more than $1 trillion on Visa credit, debit and prepaid cards in 2004, a 19% jump over the year before. Visa USA CEO Carl Pascarella sat down with TIME's Barbara Kiviat to talk about the continued march to plastic...
...former banker. "We want to understand how to build companies that effectively deliver critical goods and services," she says. "The more we can understand how to do that, the more effective we think we'll be in bringing forward a blueprint for change to the world." --By Barbara Kiviat...
...industry, where the top 10 firms capture 45%. Smaller firms mean lower margins, since projects aren't big enough to reap economies of scale. Yet Chinese firms show little interest in consolidation mergers. There is no Infosys or Tata or Wipro of China, at least not yet. --By Barbara Kiviat...
...paying is steep. "We are skeptical that simply going from $55 billion to $65 billion in revenues really changes all that much," wrote J.P. Morgan analyst John Faucher in a note to investors last week. We'll know when the honeymoon ends. --With reporting by David Bjerklie, Barbara Kiviat and Dody Tsiantar/ New York
...foreign credit cards to book online, especially Europeans eager to travel to the U.S. because of the weak dollar. Sands also plans to roll out foreign-language sites and use Cendant's long-standing relationships with hotels and time shares overseas to give Americans more options. --By Barbara Kiviat...