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...Suslov, notorious chief ideologist of the Soviet Communist Party. The new product strategy involved grouping all Nestle products under six global brands, including Nescafe, Nestea and Nestle itself. Once it was launched, Brabeck grew restless and asked to be sent back into the field. Maucher was then in his mid-60s and close to retirement. Brabeck technically reported to the chief operating officer, who was widely expected to become the new CEO. Maucher asked Brabeck bluntly, "What is it you truly want?" Brabeck's reply: "The chair you're sitting in." Several months later, Maucher announced that Brabeck would succeed...
...this weekend at the three-day Basketball Travelers Classic at Maples Pavilion on the Stanford campus. The Crimson (1-2) kicked off its season with a mismatch against the 23rd-ranked host Cardinal on Friday night and suffered a 55-point loss, its worst in 18 years. A strong mid-major team, UC Santa Barbara, surged past Harvard in the second half on Saturday, but the Crimson rallied to blow out Northwestern State on Sunday for its first win of the Amaker Era. “We’re hopeful to build on it,” Amaker said...
...health-advice service and even passport photos printed as you wait. The company has 1,019 kiosks in nine states and is aiming to open an additional 3,000 in the next two years. Each kiosk is run by an entrepreneur from the village, typically a man in his mid-20s. The cost of a kiosk package--computer, digital camera, Internet connection over a cell-phone line, and printer--is $1,500, which is paid back over a few years. Each entrepreneur also pays a fixed monthly fee of $11. For that, there is help if anything goes wrong with...
Harvard was founded in 1636 to train young ministers. Even after the institution ended mandatory chapel attendance in the mid-1880s, Harvard remained strongly Protestant. In response to a growing turnout, the University built a total of four chapels, including Appleton Chapel...
When the first babyboomer filed for Social Security in mid-October, chills must have coursed along Laurence Kotlikoff's spine. For years the Boston University economist, among others, has been warning of our pending financial crisis--the burden of Social Security and health care for our largest generation on the shoulders of a diminishing proportion of workers. "We're creating our own fiscal catastrophe," Kotlikoff said in 2004. At the same time, businesses have been desperate to contain rising health-care premiums. Three years later, Kotlikoff is still determinedly on message--and offers his own radical cure...