Word: bottoms
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Sandwiched between the steel and concrete walls of MIT’s expanding campus and the late-Victorian homes and Haitian barbershops of working-class east Cambridge, the Garment District caters both to college and blue-collar shoppers—or anyone searching for clothes at rock-bottom prices...
...what also gets Immelt pumped is talking about the environment in a way no GE chief has before, certainly not his predecessor, "Neutron Jack" Welch, who ran the company with a brass-knuckles approach to the bottom line. Welch had a testy relationship with greens, notably over cleaning the Hudson River of PCBs, a toxic chemical GE dumped, legally, for decades before the practice was banned in 1977. Since Welch retired in 2001, however, Immelt has been remaking GE. He recently announced a restructuring, paring 11 operating divisions to six. He has pruned slow-growth businesses like insurance and loaded...
...playing Chris Evert in Dallas. I ran for a drop shot, and I kept going and got entangled in the net. My skirt was over my head. I would say [my bottom is] in the J. Lo or Beyoncé category. For me, it wasn't pretty...
...Bottom Line...
...Taiwan's electronics makers thrive in anonymity, however. The relentless decline in tech hardware prices is putting pressure on the bottom line?profit margins on a Taiwan-made notebook PC, for example, have fallen by half, to 5%, over the past three years. Caught in the big squeeze, Taiwan's tech companies "can't just fly under the radar anymore," says Flint Pulskamp, an electronics analyst at consulting firm IDC in San Mateo, California. "If they're going to survive, they need to step out and get recognition for their brands...