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Archives - March 2006
Wednesday, March 01, 2006

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Despite rising sales, fruit retailing giant Harry and David’s bottom line weakened due in part to rising fuel costs and excess inventory. Sales for the second quarter ended Dec. 24  were up 8% for the second year in a row, but pretax income was down slightly to $81.3 million. Officials announced in February they would delay their planned initial public offering of stock.

 

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The implosion of the energy complex: The best thing for low oil prices is low oil prices.


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There’s a fascinating article in the December issue of the Harvard Business Review about a profound power shift taking place in business and society. It’s a long read, but the gist revolves around the tension between “old power” and “new power” as a driver of transformation.


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Tackling the CEO-worker pay gap

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An SEC rule targets the disparity between executive and employee compensation, reigniting a long-standing debate about corporate social responsibility.


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