Word: revampings
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Swarovski shed its image as the source for animal miniatures by teaming with trendy fashion designers like Alexander McQueen on the runway. Now the century-old crystal company wants to revamp lighting. "The chandelier is this luxurious, celebratory lighting fixture," says Nadja Swarovski, 34, who runs communications for the firm. "We challenged designers to reinvent it for today." Twenty- seven of them accepted the dare, and this month seven of the collection's 17 pieces--including Yves Béhar's Nest, above, a glowing cyclone suspended by strands of crystal, and Matali Crasset's Plexiglas Sky--were displayed...
...counted 101 ways in a much anticipated report released last week. Headed by former Thai Prime Minister Anand Panyarachun, the 16-member panel had something to say about everything from nuclear proliferation to looming pandemics. But the real buzz was caused by the panel's call to expand and revamp the U.N.'s most important decision-making body, the Security Council. If approved, the recommendations would produce the biggest shake-up at Turtle Bay in more than a generation. "The chances of thorough reform have never been as good as they are now," says a German official...
...WUSA can kick. "They are not crazy," says Marc Ganis, president of SportsCorp Ltd., a Chicago marketing firm. "They just have to align their expectations with reality." DiCicco has heeded that advice. In July he called a meeting of about 30 ex--WUSA officials, sports leaders and consultants to revamp the league's business model. Gone are the five-year financial projections relied upon in the old league, which was founded on Web-like hysteria after the 1999 World Cup victory. (John Hendricks, chairman of Discovery Communications, was so "intoxicated" by the World Cup victory, he persuaded his cable brethren...
...upgrading his recommendation. Shell's stock isn't the bargain it was last winter after the reserves scandal broke, when it traded at around $6.30. Keeping it buoyant: plans for a big revamp of Shell's corporate structure and continuing rumors - dismissed by both sides - that France's Total might try to acquire the company. Losing Ground Control Ah, summertime, when the livin' is easy and Europe's airlines enjoy a holiday boom - right? Not exactly. Alitalia CEO Giancarlo Cimoli last week warned that the state-owned carrier faced collapse within 20 days unless unions agree to cost cuts...
...legislation, which drew intense opposition in its initial stages, will significantly revamp Medicare in the coming years. The law offers drug benefits to 40 million disabled and elderly people and enables insurance companies and private health plans to play a larger role in the new program. The new benefit, which will take effect in 2006, is projected to cover around 75 percent of drug costs up to $2,250 a year. This spring, as part of the new law, Medicare drug discount cards were already made widely available...