Word: mentionables
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...transformation after the tech bubble burst in 2001, when engineers - Indian and American alike- were being laid off by the thousands. That's when some of the school's most prominent alumni decided to turn IIT into a brand combining the brainpower of engineering with the excitement (not to mention the big money) of entrepreneurship, by playing up the accomplishments of IITans like Umang Gupta, CEO of the web services company Keynote and employee No. 17 of the company that later became Oracle. Gupta is a rock star to young IITans, who say he understands their desire to take what...
...concert sites, was inherently at odds with Live Earth's energy-conservation message. Around half the carbon footprint in any given show usually comes from the audience traveling to the concert, and though Live Earth promised to offset those emissions, it wasn't yet clear how - not to mention that offsets are inherently dicey. The Tokyo show drew much of its electricity from an existing solar plant on the grid, but that meant that Tokyo homes and businesses normally supplied by solar would have needed to supplement their power from dirtier sources. That's a net loss for the environment...
...programs at Deloitte that focus on helping people figure out their next career move. Smith is betting that in many cases, the best place for a restless young person is simply another spot in Deloitte. This saves the company the $150,000 cost of losing an employee--not to mention the stress for employees of changing jobs...
...some ways symbolic of the resurgent German economy. For more than a decade, exorbitant labor costs, unbending union rules and an addiction to red tape--not to mention the high price of unification with East Germany--put Germany into an economic straitjacket. BMW went through its own rough patch in the 1990s after the disastrous acquisition of Britain's Rover Group, but its fortunes have changed markedly since it ditched Rover in 2000. Production has increased steadily, and profits are buoyant. Pretax earnings last year rose 25%, to $5.5 billion, despite the soaring cost of raw materials and the strong...
...more established ethnic or motorcycle gangs, or, perhaps more alarmingly, to create their own equally ruthless organizations. Dubbed the ABC gangs by police, who shorten their two- or three-word names to acronyms, they have been linked to at least eight deaths in the last two years, not to mention numerous serious assaults, car theft, drug dealing, burglary and extortion. Victims have been run over and dragged under a van, beaten with baseball bats, or stabbed. The cases are before the courts...