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Another problem: Lenovo doesn't have the financial muscle it needs to wage war with HP and Dell. In its past quarter, Lenovo earned only a $5 million net on revenues of $3.5 billion (after restructuring charges). Amelio has already cut 5% of the workforce and plans to slice $350 million from Lenovo's costs by early 2008, in part by consolidating operations, such as centralizing the global desktop team in China. The cost cuts "may be what I need to stay aggressive on pricing and not destroy my margins," he says...

Author: /time Magazine | Title: Lenovo's Global Gambit | 9/17/2006 | See Source »

...Restaurant 131, tel: (852) 2791 2684. Relief because finding it [an error occurred while processing this directive] involves reaching a remote village that even locals won't have heard of. Surprise because what awaits you when you finally get there is a dream of southern France, not a slice of southern China. Complete with manicured lawns, shuttered windows, carriage lamps and oil paintings, the reservation-only Restaurant 131 has become one of Hong Kong's most sought-after dinner venues. Actor Jackie Chan has been known to book the whole restaurant, and the guest book reads like a Hong Kong...

Author: /time Magazine | Title: Search Parties | 9/16/2006 | See Source »

...with a discriminating and chic sense of style; the socialite, the enviable élite fluent in the latest must-have culture; and the visionary, an original and unprecedented trendsetter with inspirational expressions of fashion. Connoisseurs make up about 50% of BCBG's clientele, whereas visionaries are a "very little" slice of the pie and socialites fall somewhere in between. "Customers shop by taste level, not by whatever's hot," says Lubov. "We're training sales associates to pin customers and call them when something new comes in." It's a uniquely personal approach for a company with as many stores...

Author: /time Magazine | Title: Art Of The Deal: Bon Business | 9/11/2006 | See Source »

...lowest on record. Sales of pickup trucks and SUVs, Ford's only major profitable segments, have plummeted in the last year, hit by high gas prices and stiff competition from GM and Toyota. A 21% production cut is in store for the rest of the year. Any way you slice it, Ford is shrinking fast. And it may be years before the company consistently posts profits again...

Author: /time Magazine | Title: Ford Motor's New Chief: "I Think It's a Tough Situation" | 9/6/2006 | See Source »

Noch’s: 1. Pinocchio’s, a great place for a midnight slice of pizza and cramped dining. 2. Rhymes with “blokes...

Author: By The Crimson Staff | Title: Harvardisms: Learning The Lingo | 8/29/2006 | See Source »

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