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...wartime claims against them. Since then no fewer than 10 class actions have been filed against European companies that do business in the U.S. Some of these are claims for individual accounts confiscated by banks in Germany and Austria. Others charge that major corporations such as Krupp, Volkswagen and Daimler-Benz profited from slave labor during the wartime years and should pay billions in back wages and other compensation. The issue of Holocaust reparations was raised again at a conference in Washington last week sponsored by the State Department and the U.S. Holocaust Memorial Museum, where representatives from 44 countries...

Author: /time Magazine | Title: Restitution, But At What Price? | 12/14/1998 | See Source »

...make a tender chicken") and, of course, Lee Iacocca. The distinguished silvery head of Iacocca's successor at Chrysler, Robert J. Eaton, is currently featured larger than life (or so we must hope) in a baffling series of newspaper ads celebrating himself and one Jurgen E. Schrempp, CEO of Daimler-Benz, as "two intuitive leaders" who had the vision to merge their companies...

Author: /time Magazine | Title: Warren Says I Should Buy a Jet | 12/14/1998 | See Source »

Griffith makes the sealant rubber that Daimler-Benz, Volvo, Mack Trucks and other truckmakers use around windshields and under hoods. Laney sees a domino effect: if U.S. companies can't ship their products to Asia, Brazil, Russia or other places in economic turmoil, they won't need trucks to get their products to port. That's why Laney is scaling back, even though orders for new trucks increased in 1998. "We're not spending money on new equipment," he says. And after two years in which Griffith built two new plants and invested some $3.5 million in new manufacturing capacity...

Author: /time Magazine | Title: Business Report: The Coming Storm | 11/9/1998 | See Source »

Customized classes area also set up for the executives of a particular company--the World Bank and Daimler-Benz are past clients. Tuition runs from $2,750 for one three-day program to $40,500 for the "Advanced Management program," all paid by the student's company. HBS takes in over $50 million in tuition annually...

Author: By David A. Fahrenthold, CRIMSON STAFF WRITER | Title: Mid-Career Education Programs Attract Big-Wigs, Bring in Big Bucks | 10/1/1998 | See Source »

...piece of this pie-in-the-sky is Globalstar, based in San Jose, Calif. The company, which will build a rival constellation of 48 satellites 879 miles up, was founded by Loral Space and Communications and by Qualcomm, a leader in cellular technology. Its European partners include France Telecom, Daimler-Benz Aerospace and Britain's Vodafone Group. Globalstar's plan is much less expensive than that of Iridium, which has built intelligent satellites that route calls among themselves, sometimes halfway around the planet. That kind of smarts makes for a system that's more flexible but more expensive and time...

Author: /time Magazine | Title: Next: The Super-Cell | 9/28/1998 | See Source »

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