Word: steeles
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Irwin Jacobs, whose '80s buyout/bust-up raids on AMF, Kaiser Steel and Enron, among others, helped win him the nickname "Irv the Liquidator," has changed his style and gone back to work in this new climate. Last year he bought nearly 5% of the all-but-dead insurer Conseco--some 16 million shares, at about $7 each. Jacobs helped install former GE star Gary Wendt as CEO, and with Conseco now trading at $16, he has a paper profit of $144 million...
...endless valley of glass-and-steel towers is pretty much like any other when you live in a wired world, and at some point in a prolonged power crisis, the cost of staying becomes more expensive than the cost of moving. The Silicon Valley Manufacturing Group, a powerful lobbying coalition that represents all the big names like Apple, Intel and eBay, says the latest outages have already cost its firms tens of millions of dollars. Losing money at that rate is, like...
...since when is a dominating defense boring? When reminiscing about Pittsburgh's Steel Curtain of the '70s, the words bore and snore don't come to mind. And there's no record of Super Bowl alumni Mike Singletary and Lawrence Taylor putting fans to sleep...
...kind of superaesthetic barrack, with an in-the-know economy of style. Vintage French army blankets cover the low-to-the-ground beds, and institutional stainless-steel sinks are bolted to the wall. Floor-to-ceiling photo murals and graffiti art offer the only adornments, while a glowing white cube on the floor helps illuminate. Instead of chocolates and a Bible, the Ace offers a couple of condoms and the Kama Sutra. Most of the rooms are no bigger than they were when the Peniel Mission ran the place, but rates haven't gone up much either: prices start...
Neeleman has been equally successful at creating buzz. jetBlue's sophisticated, color-coordinated branding campaign extends from its hip ad copy--"jetBlue Airways brings humanity"--to the blue upholstery on the sleek, brushed-steel chairs in the terminal. It's a branding strategy for a company that's planning to be around a long time. Still, it's fair to ask Neeleman why jetBlue won't auger in like so many other start-ups. No problem, says the founder: "We're built for a recession. We've got some of the lowest costs in the industry and the best management...