Word: partnerships
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Dates: during 1990-1999
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...probably made a sound business decision, "it's easy for IBM to say this," says TIME science writer Philip Elmer-Dewitt. "IBM is competing with Intel." Keep in mind that IBM is launching it's next wave of personal computers based on Power PC -- a chip being developed in partnership with Apple Computers and Intel rival Motorola.Post your opinion on theScience & Technologybulletin board...
...nation Summit of the Americas in Miami with a pitch for Western-hemisphere nations to join a giant free-trade zone by 2005. "This is a magic moment -- let us seize it," Clinton told an assembly of summit organizers and U.S. and foreign business leaders, stressing that the "partnership for prosperity" would create jobs at home. U.S. trade officials admit that such a trade zone is most valuable in U.S. political terms for the moment, since draft language doesn't call for final international negotiations till 2005. Instead, many of the summiteers -- including the president -- focused on side issues such...
...Matsushita the Tokyo end of management seems in order; the trouble is between Tokyo and Hollywood. MCA's Lew Wasserman and Sidney Sheinberg -- the longest-running partnership in Hollywood -- have been heading the studio, but have openly complained that their pushes to go after CBS and to open a theme park in Tokyo were ignored. The Japanese firm is especially eager to keep the team intact since director Steven Spielberg, who made close to $1 billion for MCA with Jurassic Park, recently announced that he would stop working for the company if his mentor, Sheinberg, were to leave...
...INVESTIGATING PAINEWEBBER: The Securities and Exchange Commission, according to today's Wall Street Journal, is looking into whether PaineWebber improperly sold billions of dollars of limited partnerships to investors -- a potential scandal similar to one that scarred Prudential Securities. The SEC is investigating whether brokers made false and misleading statements and omitted facts regarding risks to investors in certain partnerships, sources close to the investigation told The Associated Press. PaineWebber says it is cooperating fully with the SEC's review. The SEC is also reportedly investigating partnership sales practices of other Wall Street firms, including Merrill Lynch & Co. The probe...
...have a legitimate reason to expect a deeper inclusion in the process than that," Jaeger says. "We're union, we're organized. Our co-workers voted to form a union and to insist on a more equal kind of partnership for deciding things like that...