Word: marc
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...slashing jobs and expenses simply doesn't work as well now that corporate America has learned to downsize itself. Competition from abroad keeps companies on their toes just as well as the threat of a hostile takeover ever did. "The heart and soul has become real business building," says Marc Lipschultz, a partner at Kohlberg Kravis Roberts...
...They are part of the healthiest retirement generation to date. "A second, noncore career with a focus on service will be their hallmark," predicts Marc Freedman, founder and president of Civic Ventures, a think tank dedicated to helping people find personally rewarding careers and volunteer work as they...
...really want us to be friends and conquer the business world together," MICHAEL JACKSON once told former porn producer F. Marc Schaffel's answering machine. But Schaffel is suing the pop star for $1.6 million in debts allegedly accrued while he managed Jackson's finances. The singer's lawyer says Schaffel is just another associate who took advantage of Jackson's "almost childlike" nature. As the trial unfolds, details of the star's unusual fiscal choices are emerging...
...many markets, India has been badly rattled by fears that the U.S. Federal Reserve and other central banks will keep raising interest rates to fight inflation. That could cause global economic growth to slow precipitously--a worry that's causing edgy investors to pare their exposure to Indian stocks. Marc Faber, a renowned emerging-markets investor based in Hong Kong and Thailand, expects a further fall in the next six months as that uncertainty deepens. "In the near term, you have to be cautious," he warns...
Investigators also discovered shrapnel and pieces of a copper ring that they identified as fragments of a 155-mm artillery shell. HRW senior military analyst Marc Garlasco, a former official at the U.S. Defense Intelligence Agency, says, "It's absolutely clear to me that this has to be from a 155 shell." And while it's possible that the shell was planted, the preponderance of head and torso wounds rather than lower-body injuries casts doubt on the theory that the blast came from the ground...