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...Automakers also took steps to avoid the kind of public relations disaster that dogged their first aid-seeking trip to Washington D.C. last month Ford chief executive Alan Mulally and Chrysler Chairman Robert Nardelli said they would drive to Washington D.C. Mulally, in a carefully worded statement, also said he would reduce his $21 million salary to $1 if the company tapped the federal line of credit...
...traded for this past July. Natural-gas prices are well off highs too. And that is causing energy executives, recently determined to drill in places long considered uneconomical, to rethink their plans. "Oil and gas companies are going to meaningfully cut their budgets next year," says Larry Nichols, chief executive of Devon Energy, one of the nation's largest exploration companies. "And that includes us." (See TIME's photo gallery "Oil in the Sand...
...express my creativity. My only limits are my ambitions,” Kopko says. But running a company at this age isn’t easy, especially when many of your partners are still in school—Matthew Kopko is currently a law student in Chicago, and chief of marketing for GradeFund, Roy Moran, is a senior at Emory University in Atlanta. And people aren’t paying them to do well: “I’ve made some sacrifices, a few tenths of a point on my GPA,” Moran admits. But things...
...never seen instances of operatives using drugs in attacks before, but we've also never seen the kind of open-ended, insurgent-style strike of civilian targets by Islamists prior to Mumbai," says Jean-Louis Bruguière, who retired this year as France's chief counterterrorism investigator to take a top post in the transatlantic Terrorist Finance Tracking Program. Bruguière had no information to confirm or deny the reported cocaine binge by the Mumbai assailants, but he believes that discounting it out of hand would be naive...
...Christopher M. Gordon, the chief operating officer for the Allston Development Group, said last week that “there haven’t been any decisions made in speeding up and slowing down...