Word: vesting
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...competitor, to find out whether they breached confidentiality agreements by disclosing secrets about proprietary information. Match.com--which is owned by InterActiveCorp., headed by media mogul Barry Diller--has more than 12 million members and dwarfs True.com (which says it has about 350,000 users). But True.com's CEO, Herb Vest, a Dallas entrepreneur with gunslinger instincts, isn't cowering. He fired back two weeks ago with full-page ads in the Wall Street Journal and the Dallas Morning News. The ads reprinted Vest's taunting letter to Diller, in which he denied getting trade secrets from employees and vowed...
When you first see Michael Bennett at work, you could mistake him for a revival preacher: sweating, pacing in his crisp vest and raving hoarsely into a microphone. Bennett is actually a car salesman--not just any car salesman, mind you, but the Slasher. Hired by local car lots--at $12,000 a pop--he flies across the country to set up inventory-clearing extravaganzas, his arrival heralded by obnoxious radio commercials. ("Armed with a savings chainsaw! Slicing high prices!") Like an itinerant evangelist, he rolls into town, sets up his tent and spends 72 hours infusing the customers with...
Nike has not been as active in the commercial market, but it may have developed the most innovative cooling product for the Games. This winter Nike tested its Precool vest, which looks like a James Bond jetpack, on the Australian field-hockey team and found that it slows the rise of athletes' core body temperature 19% during competition. The company's researchers instruct athletes to wrap themselves in the close-fitting vest, which holds about a dozen ice packs, for 60 minutes before a race or game. During the first 30 minutes, the athlete relaxes; the next 30 are spent...
...believe that restriction is rarely advisable, and certainly rarely feasible, in this environment,” Vest said. “Restrictions on our teaching and where our students come from are unlikely to counter [national security] concerns...
...Vest, who last spring organized a special conference at MIT after his panel discussion at the Forum, said he thought an undefined “sensitive” category could lead to a “slippery slope” in restriction...