Hotels have most striking labor dispute
This year, Labor Day weekend is living up to its name. There are no picket lines yet. But there are more "best and final" offers on the table than at...
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Miracle or not? Boeing employs CEO anti-hype
The cult of the CEO looks like an irreversible development of the modern age in business. If a company thrives, then the chief executive gets credit. If it fails, then...
Protectionists’ howls on steel sound tinny
President Bush probably didn't expect the result he got when he cut back last week on steel tariffs he imposed just last March: Now everyone thinks his steel policy is...
Prosecutors can ride white horse named RICO
The posse is getting so close that Andrew Fastow probably can hear the hoofbeats. And in case he's a touch deaf, the law has sent a clear message to Enron's...
Numbers add up to United filing for Chapter 11
Take a look at an airline on the verge of bankruptcy. It's not a pretty sight. United Airlines last week declared it could file for bankruptcy this fall. Many of...
United’s execs can’t shift all blame to unions
The unions made them do it. The body language and official statements from United Airlines leave the impression that the greedy and irresponsible unions have brought the airline to the...
United should book a non-stop to Chapter 11
When Chief Executive Jack Creighton came to United Airlines last fall, he vowed not to preside over a bankruptcy. It's time for Creighton to change his mind. Creighton had hoped...
Thieves won’t let signatures get in the way
Our long national nightmare is nearly over. A few days from now, Aug. 14, chief executives of most of the largest American companies are expected to sign statements verifying the...
Investors pay for tax runners’ fun in the sun
The issue of corporate inversions has generated a lot of upside-down thinking on both sides of the issue. Sen. Paul Wellstone (D-Minn.) says companies that reincorporate in Bermuda or other...
Walking CEOs to court not the same as to jail
The time has come to discuss the CEO "perp walk." Perp as in perpetrator. Walk as in putting one foot in front of another--in front of as many TV cameras...