Word: petered
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...continued to spin gold out of what she calls "female empowerment films" such as The First Wives Club and Double Jeopardy. She has a stern but maternal demeanor in the office. ("She can say no to you in the most endearing way," says Variety editor Peter Bart, who was a Paramount exec in the early '70s.) Lansing concedes that being a woman heavily influences the kinds of movies she makes. "You have all these rational reasons why you make a movie," she says. "It's a good story, the budget's right. But ultimately it's your...
...controversial accounting trick, treating stock options as expenses when companies do their taxes but not when they report profits. It's a sleight-of-hand, critics say, at the heart of many recent corporate scandals. "CEOs have paid themselves huge amounts through stock options to wreck their companies," says Peter Montagnon, Investment Manager at the Association of British Insurers. "It would hit a number of companies, but those options should be charged as losses." Tom Jones, the vice chairman of the International Accounting Standards Board in London, agrees, but notes that "in fairness, there are no standards on stock options...
...industry has begun a big push on a new range of whizzy phones that can take, send, and receive color digital photos. Holiday snaps don't sound especially revolutionary, but to hear the networkers talk, multimedia messaging is just about the biggest thing since rechargeable batteries. mmO2 chief executive Peter Erskine even tempts fate by invoking that dreadful New Economy buzzword, killer app. Pure hype? Maybe not. Wireless operators are looking hopefully to Japan, where Vodafone's subsidiary J-Phone already has more than 40% of its subscribers using camera phones. And this wasn't the result of any giveaway...
...spent 17 minutes on the phone with CEO Sam Waksal, records show. Waksal had just learned that the FDA would announce its negative decision on Erbitux in two days. Later that night Waksal drafted a note, marked "Urgent--Immediate Attention Required," to his Merrill Lynch broker, Peter Bacanovic, sources say. Stopped from trading by the firm's blackout, Waksal gave instructions to transfer $4.9 million in stock to the account of his younger daughter Aliza Waksal. At 8:30 the next morning, he called Aliza, phone records show. She called Bacanovic's aide at 9 a.m with orders to sell...
...forth to Majorca to consult about the German army deployment. But the controversy was overshadowed when terrorists attacked New York and Washington on Sept. 11. Scharping was the eighth minister to lose his job since Schröder came to power in 1998. He will be replaced by Peter Struck, the SPD leader in parliament...