Word: makers
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...from Australia, China and Brazil, need big orders filled fast, leaving an opening for new competitors. Todd Proctor, who has patented a surfboardmaking process using Kevlar and epoxy resin, says demand is up sevenfold, and he has attracted venture capital to purchase Clark's distribution channel. SurfTech, the largest maker of epoxy boards, reports that business has doubled. Insiders say the search for new materials could mark a technological turning point, similar to an earlier move away from balsa wood toward polyurethane. "It will be the biggest shift in 40 years," says board-shaping icon Eric Arakawa...
...gone too far with the surveillance and whether he has lost control of operations in Iraq, Bush seemed eager to explain himself. At length. In a clip sure to delight the likes of Jon Stewart, Bush said that his job description of President would be "a decision maker-I make a lot of decisions...
Clark’s relationships to the Lazard management, in particular to Bruce J. Wasserstein, Lazard’s chief executive, have also come under fire from some corporate governance experts. In addition to Lazard, Clark has also sat on the board of other Wasserstein-controlled companies: cosmetics maker Maybelline, auto supplies manufacturer Collins & Aikman, and publishing company American Lawyer Media Holdings...
...with his evening exploits. "If any of the sponsors didn't know what they were in for, that this is a part of the package, shame on them," says a Nike rep. According to Miller's agent, Miller just inked the biggest deal ever for a skier, with equipment maker Atomic. He also endorses Barilla pasta, among other products, the income from which provided enough money for him to buy a 600-acre farm in New Hampshire. To the Swoosh folks, who love edgy marketing and freethinking athletes, a jock with a party rep doesn't amount to a problem...
INDICTED. ROBERT TSAO, 58, and JOHN HSUAN, 53, former chairman and vice-chairman of Taiwan's United Microelectronics Corp. (UMC), the world's second largest maker of custom computer chips; for allegedly transferring technology, funds and personnel to Chinese start-up He Jian Technology, in violation of laws prohibiting the establishment of high-tech semiconductor plants on the mainland without special approval; in Taipei. The two are also charged with "breach of trust" for allegedly acting against the interests of UMC shareholders. The company has denied the allegations, calling the indictments "purely political...