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...Hence the caution of Western businesses like Dixons. "The politics do concern us," says Grant Winterton, Coca-Cola's regional manager for Russia, Ukraine and Belarus. The beverage titan knows the risks firsthand. Coca-Cola invested $800 million in the 1990s to build 11 plants in Russia and an extensive distribution system. The company's fortunes took a severe knock in 1998, when Russia was hit by a debt crisis and massive devaluation of its currency. But since then Coca-Cola's Russian operations have grown back to profitability, Winterton says, and it currently has half of Russia...

Author: /time Magazine | Title: Hurry, While Supplies Last! | 4/24/2005 | See Source »

...Former Boeing chief Harry Stonecipher recently lost his job for having an affair with a company employee. Disney's Michael Eisner and Hewlett-Packard's Carly Fiorina lost their posts for poor performance, and AIG directors just forced out the firm's longtime chief, Maurice (Hank) Greenberg (see "Another Titan Takes a Tumble," above), as the company's legal woes mounted. WorldCom's collapse hit directors where it counted: their wallets. Last week 11 former directors agreed to pay $20 million of their own money to settle a class action by investors. "Any time you put a gun to directors...

Author: /time Magazine | Title: After Bernie, Who's Next? | 3/21/2005 | See Source »

...might have thought Kim Seung-youn had everything a business titan could want. He sat atop his family's multibillion-dollar Hanwha Group, one of South Korea's largest conglomerates, running an empire of chemical, finance and energy firms and a chain of resorts. He had his own baseball team, the Hanwha Eagles, and loved to sip soju, a fiery libation, as he and his employees watched them play. But apparently one thing was missing: international prestige. So Kim turned to Republican heavyweight Tom DeLay's former chief of staff, Ed Buckham, in early 2001 to develop what Buckham...

Author: /time Magazine | Title: Charity, D.C. Style | 3/20/2005 | See Source »

...including nine of the 12 contestants) now take antiretroviral drugs (ARVS), meaning they should live relatively normal - and long - lives. "For many people it has become a manageable chronic condition," says Brad Ryder, communications manager at the African Comprehensive HIV/AIDS Partnership, a drug therapy program funded by U.S. drugs titan Merck and the Bill and Melinda Gates Foundation...

Author: /time Magazine | Title: A Pageant With a Purpose | 2/27/2005 | See Source »

...last place Carly Fiorina expected to be last Wednesday was home. A hard-driving, jet-setting business titan, the CEO of Hewlett-Packard had a packed calendar that week, including a meeting with President Bush. She had recently returned from the World Economic Forum in Switzerland, where she always loomed large, even at an event stuffed with corporate Pooh-Bahs and heads of state. Now, holed up in her Los Altos Hills, Calif., home and protected by three security guards, she fielded e-mails from well-wishers and contemplated her next career move--just like so many other cashiered Silicon...

Author: /time Magazine | Title: Why Carly's Out | 2/14/2005 | See Source »

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