Word: quit
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Eisner, 61, has crushed numerous revolts in his 19-year reign as chief of the Walt Disney Co., but he has never faced a rebel quite like this--an angry major shareholder who bears the company's name and a deep sense of betrayal by the chief Mouseketeer. Claiming that Eisner made his life "intolerable" at the company, Disney last week resigned from his posts as chairman of the animation division and vice chairman of the board. With his longtime ally, Stanley Gold, who also quit the board, Disney plans to mount a public fight to boot Eisner from...
...question that Wal-Mart has gained an edge. Its share of the $25 billion traditional toy business has grown from 10.8% in 1993 to 21% today (and some analysts estimate it's more like 25%). Toys "R" Us, KB Toys and smaller toy chains, meanwhile, have either lost share, quit the business or struggled to hold ground. Says analyst Todd Kuhrt of Midwest Research, "It's clear that consumers are voting with their wallets for Wal-Mart and Target...
Ladies, want another reason to quit smoking? A study presented last week at the annual meeting of the Radiological Society of North America suggests that women who smoke are twice as likely as male smokers to develop lung cancer. Using computed tomography (C.T.) scanning, researchers studied nearly 3,000 male and female smokers 40 and older. Not surprisingly, they found that the risk of developing lung cancer increased with the amount smoked as well as with age. But they also found that independent of those two variables, women smokers still had double the cancer risk of men. Why is unclear...
Most baseball-mad kids don't end up playing in the major leagues, but Agassi's prodigious talent wouldn't quit. He started four companies in his 20s and sold one, Top Tier, to SAP for $400 million. He ran a subsidiary, SAP Portals, and developed XApps--new software designed to work with existing systems. In February SAP made Agassi the first non-German member of its board, and he replaced SAP founder Hasso Plattner in the top technologist role...
...like a person that just quit surfing after this, I wouldn't be a real surfer." BETHANY HAMILTON, 13, who while surfing in Kilauea, Hawaii, last month had her arm bitten off by a shark...