Word: shells
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Dates: during 1990-1999
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What then explains a renewed romance with renewable energy among governments and corporations, especially since oil remains relatively cheap? Shell International Petroleum in London, which forecast the oil shocks of the 1970s, predicts that renewable power, particularly solar, will dominate world energy production by 2050. Japan's electronics giant Canon has formed a joint venture with Michigan's Energy Conversion Devices to commercialize solar technology. Enron, Germany's Siemens and scores of other companies, including aerospace firms, engineering giants and utilities, are also exploring opportunities to plug into the renewable-energy business. Is this collective corporate madness? Perhaps...
...efficiently. The key was the separation of ownership and management. But were they ever supposed to get this separated? Count the layers of management. There's the management of the actual business, as a 19th century capitalist might have recognized it. Then there's the management of the corporate shell. Then there are the investment bankers, putting companies in and out of "play." Then there are the mutual-fund managers, buying and selling company shares. And now there are wraparound account managers, buying and selling mutual funds...
Vallier, equal parts meticulous and affable, says he's trying to create a "corporate" sensibility for the department. He formed his sense of what is properly corporate and professional during stints in the employee relations department at Shell Oil and as the vice president for human resources for a large health care provider...
...Cole reported that he pitched an egg 350 feet to Heller, who caught it without cracking the shell. That figure smashed the existing record and was forwarded to the Guinness Book, which published it in the appendix to its 1980 edition. The two appeared in three subsequent editions of the world record book...
Lawyers and clerks who work in the building are so overwhelmed, so shell-shocked by the almost daily barrage of public and media that they no longer answer reporters' questions about the inconvenience. Instead, they look weary, shrug their shoulders, and sigh...