Word: stockely
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...takes a very different approach from much of the rest of the world. Almost all companies in Germany, the Netherlands, the United Kingdom, South Africa and Australia split the CEO and chairman roles, sometimes because of the law, and sometimes because of other conventions. Companies listed on the London Stock Exchange, for example, are allowed to have the same person serving as both CEO and chairman - but they must provide a compelling reason why. As a result, some 95% of British companies split the job. Simon Wong, who studied the topic as a consultant at McKinsey, points to another reason...
...catering at the Four Seasons Philadelphia. Shelley Harrington, who married Scott Barber on May 10 in Rochester, Mich., opted for chicken with Boursin cheese in a phyllo-dough wrapping plus a fish option. Both cost about $20 a plate; steak would have been $40. Few venues let couples stock their own bar, but limiting the open bar is a fine option for capping the caterer's markup on the booze. Annemarie Conte and Andy Kielich will serve beer and wine and maybe two types of liquor at their September wedding in Dingmans Ferry, Pa. "We can't cater to every...
...Harvard, professors were less willing to talk, but many expressed disappointment in the decision. Economics department chair James H. Stock did not return requests for comment yesterday...
...capitalism itself. Many of us in England recall learning at school of the great South Sea bubble of the early 18th century. But they seem to be coming more frequently nowadays. The housing bubble has burst only a decade or so after the Internet and tech-stock bubble. So we may not need to wait all that long to see the next one. And the most likely candidate is a green bubble, fueled by climate-change alarmism and government subsidies...
...then news reached Lebanon on Tuesday morning that the talks had produced an agreement that may end the country's 18-month-old political crisis. The Beirut stock market jumped, and opposition leaders announced they would dismantle their protest campground in downtown Beirut that has clogged traffic, destroyed local businesses, and become the tattered symbol of Lebanon's dysfunction. But the relief among war-weary Lebanese is unlikely to be echoed in Washington, Paris and Jerusalem, since the new arrangement is bound to reverse years of effort to blunt Hizballah's influence...