Word: stakes
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...Steve Westly, the Democratic state controller, urged colleagues to give their strident reform policies "an extreme makeover." They agreed to focus on executive compensation instead of more controversial issues. But Angelides plans to continue the CalPERS fight. "We won't be silenced," he says. "There's too much at stake." By Sonja Steptoe/ Los Angeles
...will be no more IBM personal computers," says Lenovo CEO Yang Yuanqing. That's fine by IBM, which gets to make a graceful strategic exit from an unprofitable commodity business. And if Lenovo proves better at selling PCs than IBM, the Yanks still benefit: IBM will keep a 19% stake. --By Matthew Forney. With reporting by Michael Schuman
Prince is backing up his commitment by starting new training, communications and performance- review initiatives--and in the case of Japan, by firing some of the top executives that the legendary Weill had put in place before stepping aside as CEO. At stake is Citi's legacy-- not just as a profit machine ($18 billion in net income on revenues of $77 billion in 2003) and shareholder's delight (the stock has risen far faster than the market since 1986), but also as a dominant global bank that trades on its good reputation as much as on its capital...
...little and suggest they are willing to go further, if Europe does something to jump-start demand at home, and if the U.S. addresses its budget shortfall--well, we may just escape this jam without a scratch. That's a lot of ifs. But, thankfully, everyone has something at stake. --With reporting by Steve Barnes/ Little Rock, Paul Cuadros/Chapel Hill, Matt Forney/ Beijing, Jim Frederick/Tokyo, Peter Gumbel and Jonathan Shenfield/Paris, Eric Roston/Washington, Michael Schuman/Hong Kong, Joe Szczesny/ Detroit, Charles P. Wallace/Berlin and Leslie Whitaker/Chicago...
...misses the opportunity to encourage something else. I wonder if there is a need for a discussion of the place of my work in a broader social meaning and context. Is theoretical study the only refuge for these considerations? I have become increasingly convinced that much more is at stake in a video or a painting than my own personal expression. And while my drug documentary was admittedly an extreme case, I wonder if it is ever really possible to create purely personal art. In other words, while I might have gotten myself mixed up with a set of particularly...