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When Fritz Henderson abruptly resigned earlier this month as CEO after failing to get a vote of confidence from GM's new board of directors, chairman and acting CEO Ed Whitacre wasted no time in elevating a team of young executives to power positions, among them Mark Reuss, 46, named president of GM's North American operations, and Susan Docherty, 47, named vice president of sales and marketing, making her the most influential female executive in the company's 101-year history...
...advantage to replacing the traditional biannual runway show - which features clothing that won't be available in stores for another six months - is that designers can close the six-month gap between the show and the products' availability. Ideally, consumers who watch a show online would then be able to click on a product they see and buy it immediately. "Now we can serve the industry and our customer simultaneously," says Lauren, "which is critical to the survival of this industry...
General campus development in Allston, the third and final phase of the new plan, will occur "as resources allow and only after a targeted evaluative process that will begin next month." The process will be led by a new guided Work Team "with expertise in design, urban planning, business strategy, real estate development, and public policy." The committee will include Peter Tufano, the senior associate dean for Planning and University Affairs at Harvard Business School, Bill Purcell, the head of the Institute of Politics and the former mayor of Nashville, TN, and Alex Krieger, chair of the Department...
...America's Sexiest Man" centerfold in Cosmopolitan) has emphasized throughout the campaign. Though Massachusetts has not sent a Republican to the Senate in nearly four decades, animus over the proposed bill has helped Brown erase the double-digit lead Coakley enjoyed as recently as earlier this month. The state attorney general, Coakley, 56 - who would be Massachusetts' first female U.S. Senator - is known as a fierce prosecutor, social progressive and shrewd politician, but she has drawn criticism for running a lackluster campaign. (See Ted Kennedy's life in pictures...
...government could take longer to assess. A parliamentary commission is set to investigate the air strike next week, and Germany's current Defense Minister, Karl-Theodor zu Guttenberg, one of the country's most popular politicians, has already been forced into an embarrassing repudiation of his statement last month that the air strike had been "militarily appropriate." (Read "Much Work Ahead for German Chancellor Merkel...