Shareholder vote keeps IBM pension issues in play

Article Abstract:

IBM's pension plan on Apr 25, 2000 was again severely criticized when 28% of its shares were cast for allowing employees to choose the traditional plan instead of the cash-balance plan the company adopted in May 1999. Although the vote was non-binding and failed to become a majority, it was supported more than most resolutions opposed by corporate management and easily surpassed the 33% required to bring the issue to a vote again in 2001.

Computers, Electronic Computer Manufacturing, International Business Machines Corp.

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Companies do more with less. Productivity leaps ahead, but economy is bleeding jobs

Article Abstract:

USA Today?s yearly survey of the top 100 companies in the U.S. shows that while productivity is increasing, the number of jobs are decreasing. Within the last six months, 486,000 jobs have been lost.

Forecasts, trends, outlooks, Public affairs, Unemployment, Business, Social aspects, Economic aspects, Forecasts and trends, Surveys, Market trend/market analysis, Industry, Business surveys

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Executives' images could be cruising for a bruising

Article Abstract:

Cruise liners departing from many ports are sailing full with executives of many companies that are in financial crises but the executives' bills are being paid by vendor companies that want to hard sell their products or services to these executives. The 77,000 ton cruise ship Adonia departed from New York with hundreds of corporate heavyweights aboard that were mostly heads of marketing and human resources.

Marketing procedures, Financial management, Management dynamics, Water Transportation, Water Transportation Services, Support Activities for Water Transportation, Management, Finance, Marketing, Executives, Shipping industry, Company marketing practices, Company business management, Company financing

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