Word: stiffs
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Dates: during 2000-2009
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Suddenly the market for BlackBerrys isn't quite so sweet. The handheld device--made by Research in Motion (RIM), which pioneered on-the-go e-mail in 1999--is facing stiff competition from a brambly bunch determined to break the BlackBerry's monopoly. In July, Motorola and Microsoft took aim with their wireless e-mail phone, called Q, which will hit stores early next year. Motorola is also rolling out an iTunes phone with Apple. That's more bad news for RIM. Because the BlackBerry is mainly limited to e-mail on its proprietary platform, many execs are switching...
...Daimler-Benz and Chrysler, the biggest between two firms in industrial history. The merger, he expected, would combine the strengths of the powerful, complementary automotive firms and create a competitive, international corporation. Since then, he's been criticized for expanding at a time of dwindling demand and stiff competition. Last week, DaimlerChrysler's supervisory board unexpectedly announced that the 60-year-old executive will step down at the end of 2005, more than two years before his contract ends. His successor, Dieter Zetsche, 52, who's credited with turning around the ailing Chrysler business in the U.S., will be hoping...
...were setbacks last week to two attempted acquisitions of U.S. firms by Chinese companies. Mainland appliance maker Haier dropped its $1.28 billion offer for Maytag, and a politically controversial $18.5 billion bid by China National Offshore Oil Corp. to buy U.S. oil giant Unocal has run into stiff headwinds after Unocal's board voted to stick with an improved offer from American company Chevron. Revaluing the yuan "buys the Chinese significant political capital," says Hong Kong-based Merrill Lynch strategist Spencer White...
Although her teammates and friends are convinced Corriero deserves the ESPY, she faces an uphill battle because of both stiff competition and the relatively small size of the women’s hockey fan base as compared to women’s basketball or softball...
Although her teammates and friends are convinced Corriero deserves the ESPY, she faces an uphill battle both because of stiff competition and because of the relatively small size of the women’s hockey fan base as compared to women’s basketball or softball...