Word: motores
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Dates: during 2000-2009
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William Clay (Bill) Ford Jr. agonized over whether to fire Jacques Nasser. But when he decided two weeks ago that the CEO of the family-controlled Ford Motor Co. had to go, he moved fast. Ford called Carl Reichardt, a longtime director and former head of Wells Fargo Bank, and asked him if he would be vice chairman. To his surprise, the 70-year-old Reichardt, whose financial acumen Ford sorely needs, called back two days later and agreed. So last Monday, Ford ushered Nasser into his wood-paneled corner office and took away the keys. "We were just getting...
...block Black's peerage. CHARGED. YASSER AL-SIRI, 38, with conspiring to kill Afghan Northern Alliance leader Ahmed Shah Massoud; in London. Al-Siri, an Egyptian, is accused of providing journalist credentials to suicide bombers who assassinated Massoud. NAMED. WILLIAM CLAY FORD JR., 44, as CEO of Ford Motor Co.; in Dearborn, Michigan. Ford, chairman since 1999, is the first Ford family member to run the company in 22 years. He replaces Jacques Nasser. RESIGNED. JAMES GOODWIN, 57, as CEO of United Airlines; in Chicago. Goodwin's tenure was marred by a failed merger with U.S. Airways and labor troubles...
...minimum tax with a refund of the $25 billion that companies have paid since the tax was instituted in 1986. How, precisely, does a retroactive tax cut give an incentive to future investment? Republicans say they are putting productive capacity into the hands of corporations that create jobs. Ford Motor Co. would be the biggest winner, getting a windfall of $2 billion. But as former Clinton Treasury Secretary Robert Rubin told House and Senate leaders last month, "I'm on the board of Ford Motor Co. The problem is not a shortage of cars. The problem is a shortage...
Jacques Nasser couldn't have been surprised when he was told late Monday afternoon that his tenure as CEO of Ford Motor Co. was over. Following a series of managerial missteps, Nasser had been taking heat from the Ford board since March. Even before chairman William Clay Ford Jr. announced the creation of an executive office of the chairman in July, there had been heated discussion over how - not whether - to rein Nasser in. But the timing was sensitive. Bill Ford, the first family member to run the company since his uncle Henry retired in 1979, needed the broad support...
...less than 1 m. To our left, the trail drops nearly 70 m to the rushing waters. There is no handrail, forcing us to move carefully. There are no boats below: it's the first time I've ever been in the Gorges without the accompanying puttering of a motor and chattering tourists. Our solitude is complete: it's just us, the path and the brown, swirling Yangtze...