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...shareholders in their company, Patent Enforcement & Royalties, which trades on the Canadian Venture Exchange, are entitled to 50% of a $3 million January verdict against Land O'Lakes for infringing a New Yorker's patent of a low-fat coffee creamer. Three weeks ago, Conair, the hair-appliance maker, was ordered to pay a German inventor $28.5 million in back royalties for a device that prevents electric shock when driers get wet. "When the little guy needs help, that's where we come in," says McDonald, above...

Author: /time Magazine | Title: Global Briefing: Feb. 25, 2002 | 2/25/2002 | See Source »

...anymore RUDOLPH GIULIANI His Ex-Honor criticized by fire and police unions for attending premiere of Collateral Damage. And then he actually had to sit through the film JAMES BROWN Employee sues Soul man for sexual harassment. When he said to her, "Get on up and shake your money maker," all he wanted was a high five...

Author: /time Magazine | Title: Starting Time | 2/18/2002 | See Source »

...company, which also includes Audi, some additional cachet. Under Piëch, Volkswagen commands 51% of the car market in China and 25% of sales in Brazil. Perhaps most important is what Piëch hasn't done: made expensive mistakes, as BMW did in buying British car-maker Rover and as Mercedes committed by acquiring U.S. giant Chrysler...

Author: /time Magazine | Title: Slipping into Overdrive | 2/18/2002 | See Source »

...market share against low-end competitors like Fiat, Ford and Japanese imports. Now luxury competitors are pushing their marques into the compact-car market too, including the Mercedes' A-Class and BMW's One-series, further encroaching on Volkswagen's territory. It's no wonder the People's Car-maker decided to fight back by launching a challenge in the luxury sector. But as beautiful as it looks, does the Phaeton stand a chance against the established luxury champs? The people will decide...

Author: /time Magazine | Title: Slipping into Overdrive | 2/18/2002 | See Source »

Michael Dell, CEO of the eponymous PC maker, has prospered by being the cause of HP and Compaq’s woes. Dell builds and ships its PCs directly to customers, taking most orders through its web site and avoiding sales channels, large parts inventories (which decline in value by the hour) and anything that might drag it down. Dell’s “direct” approach enables it to make money virtually no matter what a PC costs; thus, Dell launched a major price war last year to gain market share and force its competitors into...

Author: By Alex F. Rubalcava, | Title: How Not To Run a Company | 2/13/2002 | See Source »

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