Follow the money: financial experts weigh in on cross-industry mergers

Article Abstract:

The approval of the Telecom Reform Act in Feb. 1996 which allowed electric utilities to offer telecommunications services has opened vast opportunities for the electric power industry. They can partner with cable TV providers to offer Internet access, interactive home shopping and movies on demand.

Services, Telecommunications services industry, Telecommunications industry

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Corruption, bribery and US law: a deck stacked against US developers

Article Abstract:

US powerplant developers must contend with entrenched corruption from foreign rivals and governments despite the Foreign Corrupt Practices Act of 1977. Developers feel stymied when bidding on projects in nations where corruption is a custom and foreign rivals freely bribe foreign officials.

Foreign operations, Energy use, Developing countries, Energy industries, Energy industry

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Executive recruiters power up as utilities change their stripes

Article Abstract:

Recruiters state that electric utility companies are now looking outside the industry for executives to fill vacant positions. However, many utilities are finding it hard to offer the kind of salaries that will attract the best people.

Recruiting

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