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...closely tied to Citi's health, as is his personal fortune of $1 billion in Citi shares. Before joining Citi, Weill lost out in a power struggle at American Express in 1985. He never lost another, leaving a pile of adversaries, and colleagues, in his wake as he rose to the pinnacle of U.S. financial power at Citi. When Weill consolidated power following the 1998 merger of Travelers with Citicorp, previous favorite son Jamie Dimon was written off like a bad loan. So Prince knows he can't afford to stumble--at least not before Weill lets...
...party. A drop-dead-gorgeous crowd was tangoing away in a makeshift, open-air amphitheater. Nearby, a multiethnic group was doing the merengue. Hundreds of others were tucking into picnics by the river as a full moon rose in a cloudless sky. Much later that night, after a perfect fish soup in the Place des Vosges, I walked into the narrow passages of the Marais district and stumbled upon an impromptu block party. Someone had set up a sound system on the sidewalk, and the street was packed with people--straight and gay, young and old, black and white--dancing...
Stallone had mentioned to Rodriguez that he had no movies in which he appears to show his older daughters, Sophia Rose, 6, and Sistine Rose, 5. As the director recalls, "I told him he'd get to be a hissable but redeemable bad guy and to play opposite one of the greatest actors: himself. We sent the kids an early videotape so they could see how cool their...
...earth are you to read these tea leaves? You can find other information sources, Mitchell suggests. Each month the Conference Board www.conference-board.org publishes an index of 10 leading economic indicators, including new consumer-goods orders and manufacturing hours worked. (The index rose a sharp 1% in May after a slight gain in April.) On the job front, check out hiring firm Manpower manpower.com) whose quarterly surveys ask employers whether they're planning to expand or shrink their staff. (The June release reported the weakest quarter in 12 years.) Or you may decide that daily ignorance is bliss. Says financial adviser...
...bookers has personnel in 11 countries. It uses flights to sell lucrative hotel bookings. And last year e-bookers yanked its central office out of Britain and moved the 400 jobs to low-cost New Delhi. The business model may not be sexy, but it is working. Sales rose 52% last year. Nearly all of that growth was organic, rather than through its steady stream of acquisitions. Despite those deals and increased volume, costs fell from $77.9 million in 2001 to $74.6 million last year...