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...their annual meetings throughout April and May, some 70 different institutional investors will be pushing to add an annual provision to let shareholders vote up or down on how companies pay their top five executives. Earlier this week, about 150 institutional investors and representatives from companies like Pfizer, Morgan Stanley, Dell, BP, Sara Lee, Fed Ex, Procter & Gamble and United Health gathered in New York for a roundtable on say-on-pay votes. Such votes wouldn't actually be binding, but they still might serve to pressure firms into behaving the way shareholders want them to, especially when it comes...

Author: /time Magazine | Title: Giving Investors a Say on CEO Pay | 4/9/2008 | See Source »

...Kara Ross lizard belt ($575, Stanley Korshak...

Author: /time Magazine | Title: Tangerine Dream | 4/9/2008 | See Source »

...Michael D. Smith discussed plans for a wide administrative restructuring at the meeting, emphasizing a bigger role for divisional deans and proposing to temporarily slow faculty hiring.The divisional deans would take on increased roles, including control over budgeting, faculty searches, hiring and salaries, and academic and strategic planning.Government professor Stanley Hoffman expressed worry that the Faculty of Arts and Sciences administration might become too bureaucratic like his native France, and that teachers and researchers might be “not just constrained but pushed aside by professional administrators.”English professor Elaine Scarry sympathized with the need...

Author: By Aditi Balakrishna, Maxwell L. Child, and Christian B. Flow, CRIMSON STAFF WRITERSS | Title: Faculty Hiring Will Slow, Smith Says | 4/9/2008 | See Source »

Richard Nixon, 1972 By Stanley Glaubach...

Author: /time Magazine | Title: The Art of TIME | 4/3/2008 | See Source »

...higher. Among other provisions, the new law entitles laid-off workers to one month of severance pay for every year of employment. "In a case where an export market is going down, if you want to reduce your number of workers, then you face a lot of problems," says Stanley Lau, vice chairman of the Federation of Hong Kong Industries. To lay people off, "you need to pay a huge amount in compensation." Nor is there any relief from surging raw-materials costs. And, slowly but surely, the renminbi, China's currency, continues to strengthen - it's now 12% higher...

Author: /time Magazine | Title: China's At-Risk Factories | 3/20/2008 | See Source »

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