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...slalom.” The ninth-place finish in the season’s opening event comes after a 2005 season in which Harvard finished tenth in every carnival it attended. The team looks to continue its rise next weekend at the Vermont Carnival. “We tend to progress and get much better as the season goes on,” Basilico said. “We’ll really kind of hit the learning curve and get back into our top form.” —Staff writer Brad A. Hinshelwood can be reached...
...While banks such as Nomura Holdings and Merrill Lynch tend to focus on large deals, like the $30 billion takeover that formed Mitsubishi UFJ Financial Group or the $3.5 billion marriage of cosmetics company Kao with Kanebo Cosmetics, the M&A mania has also spread to smaller companies. Terrie Lloyd, an M&A consultant with 23 years of experience in Japan, says he encounters more and more Japanese investors who are interested in buying a motley batch of companies, pasting them together into mini-conglomerates with dubious business merit, and flipping them via an IPO: "This is a new phenomenon...
...Until recently, a prized bowl owned by Hanssen Pigott's sister was used daily for rhubarb. "The usefulness of her pots is very important to her," explains Smith, "and even the works in the still life groups today could be used if people wished to do so; but people tend not to want to use a cup that costs $A25,000." But her modernist instinct goes beyond mere utility. In the mid-'80s, having returned to Australia after 15 years living and working in England, France and the U.S., Hanssen Pigott began to exhibit for the first time what...
...down for corruption - a frequent refrain at Davos sessions this year - and a chronic lack of infrastructure. INDIA, says Michael E. Porter, a Harvard Business School professor and expert on competitiveness. China is exporting massively, but "it's still adding relatively little value," he says. Moreover, China's companies tend not to be very profitable, and there is a dearth of Chinese brands. By contrast, "India is further along in building a productive business environment," Porter said. "It has talented high-end people with deep expertise in IT, software, pharmaceuticals. It has the opportunity to go much further...
...Davos we tend to focus, and rightly so, on issues of global integration," Summers said. "But I would suggest to you that issues of local disintegration—whether that means Flint, Michigan, whether that means failed states, whether that means struggling middle classes caught in binds everywhere—are of equal importance...