Word: unitate
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...After words of pro forma praise for Freston, who ascended to CEO after building the MTV unit into a lucrative global brand, Redstone made it clear that he and the company's other directors felt that the man who at one time was regarded as his heir apparent hadn't been bold enough as leader of the parent. "We love Tom, but the board felt that not enough was being done," Redstone said during a Tuesday morning conference call with investment analysts and journalists. "We were not moving as entrepreneurially and aggressively as we should. Our communication with Wall Street...
...Ford Restructuring Carmaker may ditch Bond's ride Sorry, 007. In an effort to speed up its turnaround, Ford said last week that it may sell off its Aston Martin unit. The ailing carmaker plans to cut 34,000 jobs and close 14 plants...
Krogner has given Esprit a major makeover--administered with a touch of ruthlessness. A former management consultant, he joined Esprit's European unit in 1995 and quickly replaced the management. He applied a similar take-no-prisoners approach to Esprit's business model, moving the company upscale in both quality and customer. Once primarily a shop for teens, Esprit focuses on people in their late 20s. The new format revived European sales, now 85% of the total...
...Greece, a 700-year-old icon of the Virgin Mary, was stolen on Aug. 18 from a remote monastery 300 km southeast of Athens.[an error occurred while processing this directive] Despite an international manhunt, the thieves are still at large. George Gligoris, head of the national police unit that investigates antiquities smuggling, profiles the thieves and explains how he recovers stolen treasures. Why Byzantine icons? They're a hot commodity. Only a few are left, so demand is high. What's the profile of an antiquities thief? There are three types. The first is basically anyone - from a herdsman...
...more attention be paid to Africa; some believe an enhanced presence would cut the need for "teeth." Centcom has had a small contingent in the Horn of Africa state of Djibouti since 2002, and Centcom commander General John Abizaid told the Senate Armed Services Committee in March that the unit has helped "discredit extremist propaganda and bolster local desires and capabilities to defeat terrorists before they can become entrenched." How? By training local forces, digging wells and building schools--not to mention goodwill...