America's Business
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Unlikely Do-Gooders: CEOs
Continue reading… 0 CommentsIs corporate America going soft?
I was still trying to absorb the ramifications of a call for universal healthcare by the Business Roundtable–a collection of leading CEOs who famously lean Republican–when there was more shocking news: DuPont, GE, Alcoa, and seven other industrial companies were calling for major reductions in greenhouse gas emissions.
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Obese Americans: Not Wanted in China
Continue reading… 0 CommentsAnybody who blinked over the holidays might have missed important news from China. DaimlerChrysler announced that by 2008 it plans to import small "B-class" cars built by the Chinese automaker Chery, the first time a Chinese-made car will go on sale in the United States. Pfizer won a big lawsuit that, in theory, will prohibit Chinese companies from selling blue, diamond-shaped knockoff pills that look exactly like Viagra. Best Buy opened its first Chinese outlet in Shanghai. And Westinghouse nailed a deal to build four nuclear power plants for China, which will bring about 5,000 jobs to western Pennsylvania and other states.
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Home Depot's Nardelli: The Last Overpaid CEO?
Continue reading… 0 CommentsMost CEOs favor market solutions over regulatory ones and laissez-faire economics over other kinds. Little wonder: When you're the most powerful guy in the market–or the company–things tend to go your way.