Word: ceos
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...most profitable sector in agriculture, is stuck in the mud. A glut of live pigs on the market, exacerbated by a sudden drop in slaughterhouse capacity, has pushed the price of pigs down to levels not seen since the Depression. "It's a lethal mixture," says Al Tank, CEO of the National Pork Producers Council. Across the South and Midwest, farmers are losing thousands of dollars a day, drifting deeper into debt and near bankruptcy; fully 20% could be belly-up by spring. A government forecast on the hog supply last week promised little relief. "It's the most serious...
...quickest shortcut to countercultural chic is becoming more popular than ever. The three start-up networks (Fox, UPN and the WB) have scheduled seven new prime-time cartoon series for this year, and more are in the works. "Animated shows stand out from the pack," says Tony Krantz, CEO of Imagine Television, one of the producers of The PJs. "They look extraordinary, and the brand of humor can be quite striking...
...This is not going to have a major impact on our investment strategy," said Jack R. Meyer, president and CEO...
That's just one example of how Microsoft has become its own worst enemy in this trial. Another, of course, is Gates' famously evasive videotaped testimony. Until now, Microsoft has rapped the feds for taking "snippets" of its CEO's comments out of context. But on Monday, Gates changed tack, accusing Boies of asking deliberately "ambiguous questions" and then sandbagging Microsoft by airing the tapes. If he'd known they were going to be played in court, Gates said, he would have "smiled a little...
...spirit of entrepreneurship has inspired some specialized objects of philanthropic attention. Katrina Garnett, CEO of Crossworlds Software in Burlingame, Calif., and one of the high-tech world's few female chief executives, launched a foundation last year devoted to encouraging high school girls to pursue computer science. Kirsch, meanwhile, plans to pump $100,000 a year into identifying all asteroids hurtling too close to earth. "There are very few things people can do to save the world," he says. "This is one of them...