Word: titanics
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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...
...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...
...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...
...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...
...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...