Word: two
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Dates: during 2000-2000
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Honda's peppy two-seat Insight travels 600 miles on a tiny tank, a boon to the greenhouse-gassed planet. Toyota's Prius, a sleek five-seater, gets 52 m.p.g. in city driving and is up to 90% cleaner than the average car. U.S. carmakers, reluctant latecomers, have been shamed into promising hybrid models. But will these fuel sippers sell to a pollutants-be-damned nation enraptured by showy sport utes...
...orders since the car's July launch. It will easily sell out this year's small production run of 12,000 cars. Sales of the Insight, introduced last December, are slower--about 3,500--partly because many dealerships can't get the cars, and partly because the two-seater isn't as practical as the Prius. Measured against the 17 million cars and trucks sold yearly in the U.S., it is a modest beginning. A major obstacle: the price trade-off for being green. Savings at the pump--magnified by this year's gasoline-price jumps--are offset...
Yeah. But two other GE executives were possibly even bigger winners than Immelt: Robert Nardelli and W. James McNerney, two Welch-trained knights-in-the-running who failed to win the crown. With Welch's shoes filled--if that's possible--these executives won't stay at GE much longer, and the pay packages that land them will probably dwarf what will initially be given to Immelt. A signing bonus in the tens of millions of dollars? Instant vesting in stock plans? Huge guaranteed annual bonuses? A big chunk of the company? Such goodies are widely available to top-flight...
Consider the deal that Gary Wendt got this year at the troubled insurer Conseco: $45 million to sign and a special bonus of as much as $50 million, depending on the stock price in two years. Oh, and a salary, bonus, stock grants and options worth more than $3 million annually. Wendt, it's worth noting, is a grad of the famous Welch U., having run GE Capital Services until two years...
...grade classroom and greets her students: "Salvete, omnes!" (Hello, everyone!) The kids respond in kind, and soon they are studying derivatives. "How many people are in a duet?" High asks. All the kids know the answer, and when she asks how they know, a boy responds, "Because duo is 'two' in Latin." High replies, "Plaudite!" and the 14 kids erupt in applause. They learn the Latin root later, or side, and construct such English words as bilateral and quadrilateral. "Latin's going to open up so many doors for you," High says. "You're going to be able to figure...