Word: uwe
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...Uwe Leichsenring seems like a typical bürger from small-town Germany. He lives with his wife and child in the tiny village of Königstein in the former East German state of Saxony, where he owns three driving schools and is a member of the town council. Leichsenring, 37, was celebrating last week after being elected to Saxony's state parliament. But he's not your typical candidate. He's a leader of the National Democratic Party (NPD), an extreme-right-wing movement that the German government has tried unsuccessfully to ban because of its neo-Nazi...
Fresh from reporting Deutsche Telekom's first profit in two years - after making a European-record €24.6 billion loss last year - CEO Kai-Uwe Ricke promised last week that 2003 was "the year of the turnaround." DT isn't the only telecom dialing up good numbers: a string of other phone companies have reported positive results, including British Telecom, which last week posted a 40% gain in quarterly profits. But phone companies aren't off the hook. BT's €8.1 billion pension hole dwarfs its income. And better profits owe more to cost cutting and asset sales than...
Fresh from reporting Deutsche Telekom's first profit in two years - after making a European-record €24.6 billion loss last year - CEO Kai-Uwe Ricke promised last week that 2003 was "the year of the turnaround." DT isn't the only telecom dialing up good numbers: a string of other phone companies have reported positive results, including British Telecom, which last week posted a 40% gain in quarterly profits. But phone companies aren't off the hook. BT's €8.1 billion pension hole dwarfs its income. And better profits owe more to cost cutting and asset sales than...
...UWE RICKE Telecom Titan The new CEO of Deutsche Telekom, Ricke, 41, has swiftly shaken up the debt-burdened telephone giant: he eliminated three board positions and added two division heads to give those closest to the markets more influence. He's also considering reducing DT's stake in T-Mobile USA (formerly VoiceStream) to shift some debt off the balance sheet. Investors hope Ricke can duplicate the magic he performed as DT's wireless boss in Germany, where he recaptured market leadership from Vodaphone...
TIME invited a panel of five experts to help make sense of the impact of rising health-care costs on business. Joining Darling were Drew Altman, president and ceo of the Kaiser Family Foundation; Uwe Reinhardt, a health-care economist at Princeton University; Gail Shearer, director of health-policy analysis for Consumers Union; and Gail Wilensky, an economist and senior fellow at Project HOPE, an international health foundation...