Word: lightness
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...Variety, that he took on so many assignments because he had a bunch of ex-wives (three) and owed them all alimony. The first of these marriages begat a son, Jean-Michel, who made his own name as a composer of electronic music and producer of gargantuan sound-and-light shows, one of which drew 3.5 million people to celebrate the 850th anniversary of the city of Moscow in 1997. (See pictures of Russia celebrating Victory...
...Earth Hour itself is easy to make fun of - skeptics will say that turning out the lights won't make but a light ding in our carbon emissions, and critics will claim it proves that environmentalists really do want to send us straight to the dark ages. The Competitive Enterprise Institute, a conservative think tank, is holding a counter-protest during the same time period called Celebrate Human Achievement Hour, which will "salute the people who keep the lights on and produce the energy that helps make human achievement possible." (So if you've ever wanted to throw a party...
...problems that the newspaper industry faced when they were still far off. Fourteen years ago, he was dealing with the internet in a period when consumer access to broadband did not exist. Whatever Nisenholtz shared with the people who run The New York Times will probably never see the light of day. It is very probable that if he warned about the possible disruption that the print business might face that the warning was ignored. (Read: "How to Save Your Newspaper...
...rarely mentioned is that the best CEOs spend most of their time thinking about what will put their companies out of business and doing something to prevent this catastrophe. Although it may be overly simplistic, GE did it decades ago when it diversified away from being in the light bulb and electric fan businesses that were its beginnings in the 1890s. Some investors would say that GE is too diverse now, but its system served the company well for the great majority of the years during the last century...
...investors got cold feet on Friday, and sent the Dow down 1.87%. The broader S&P 500 index fell 2.03%, with 84% of its stocks moving lower. One bit of good news: Friday's decline occurred on relatively light trading volume, and was not surprising given that stocks had risen so far in a short time. Yet a decline is still a decline, and the sharper sell off in financial stocks, which were down 3.4% on Friday, raises questions about the many challenges the industry - and the broader market - still face...