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...Those employees aren't alone in worrying about China's new overseas business adventures. A small but growing number of firms are trying to claw their way into world markets by buying foreign companies. Last year, Guangdong-based TCL bought the television arm of French electronics behemoth Thomson, which gave it the RCA brand. Shanghai Automotive Industry Corp. is in talks to acquire the very English MG Rover, and has already bought Korean SUV maker Ssangyong. A consortium of Chinese companies bid on the Canadian mining firm Noranda. According to a recent study by Bain & Co., China's foreign investments...

Author: /time Magazine | Title: A Whole Lot to Swallow | 12/12/2004 | See Source »

Hausammann has an extensive background in human resources, although not in the arena of higher education. She has served as the director of human resources at the Boston Consulting Group (BCG) since 2001, and prior to that as the senior vice president for human resources and communications at Thomson Financial...

Author: By Liz C. Goodwin, CONTRIBUTING WRITER | Title: New Human Resources Chief Named | 10/8/2004 | See Source »

...example, that almost every inhabitant of the Irish village of Baltimore was carried off in 1631. Samuel Pepys and Daniel Defoe both mention the frightening trade in their writings; at that time, pamphlets and speeches by survivors and escaped slaves had a huge influence on the popular imagination. James Thomson's famously rousing 1740 song Rule Britannia, with its chorus about how Britons "never shall be slaves," was a direct allusion to the Barbary terrorism...

Author: /time Magazine | Title: Thomas Jefferson: The Pirate War: To The Shores Of Tripoli | 7/5/2004 | See Source »

Maass, the Thomson professor of government emeritus, served on the Harvard faculty for 36 years, from...

Author: By Laura L. Krug, CRIMSON STAFF WRITER | Title: In Memoriam | 6/10/2004 | See Source »

...corporate balance sheets so symbolizes the excesses of the 1990s as the towering debt left behind by fallen CEOs who couldn't control their acquisitive urges. Accordingly, their successors are deleveraging. The prize for the biggest reduction goes to Thierry Breton, a sometime science-fiction novelist who moved from Thomson to take over France Telecom in September 2002. He is paring the France Telecom work force by about 22,000, or 15%, mainly through attrition, and he has linked the pay of thousands of managers to tough performance targets. Debt tumbled from $66.7 billion to $51 billion in his first...

Author: /time Magazine | Title: Eurobosses: Spring Cleaning | 5/17/2004 | See Source »

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