Word: morgan
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...Flint, GM is trying to boost profit margins by outsourcing, a source of contention. But the company needs to make great leaps, not incremental steps. Analyst Stephen J. Girsky of Morgan Stanley Dean Witter estimates that to get into fighting shape, GM would have to close three assembly plants, eliminating as many as 34,500 blue-collar jobs. Try negotiating that. And the company needs to close about 2,300 dealerships...
There are skeptics. Stephen Roach, chief global economist at Morgan Stanley Dean Witter, suspects that e-commerce is being oversold, though he admits it's growing rapidly. "I question if it'll ever be big." He is right when he notes that e-commerce is no more than 1% of the U.S.'s $8.5 trillion economy; in fact, consumer online sales now account for only .2% of total retail. And e-commerce, Roach argues, is hardly on a par with the Industrial Revolution. "This is an intangible cerebral revolution, which is a lot harder to pull...
...fact, they preferred it. The 170-year-old Journal of Commerce, which made most of its money from publishing shipping logs every week, has been forced to set sail on a new digital ocean in order to survive. "The future is electronic," says publisher Willy Morgan, who shed 65 staff members and hurriedly set up a website last year when he discovered advertisers were junking the paper in favor...
...intrepid, a two-hour ride on Amtrak from South Station brings you to Mystic, Conn. ($50 round trip), home of Mystic Seaport. The Seaport is an outdoor maritime museum, home to the last whaling ship in existence, the Morgan...
...Titan: The Life of John D. Rockefeller, Sr. (Random House; 774 pages; $30), Ron Chernow, author of two earlier epic works of business history (The House of Morgan and The Warburgs), has produced one of the great American biographies. Rockefeller may linger in the national memory as a fading capitalist icon, a moral double exposure from long ago, but his story (and that of Standard Oil and the great trust-busting struggles at the turn of the century) becomes an interesting rear-view mirror at the turn of another century, at a moment when the Federal Government has moved against...