It wasn't long after the World Trade Center had been toppled by a terrorist attack Tuesday morning that Osama Siblani received his first threatening phone call. "You had better pray to God that Arabs didn't have anything to do with this," hissed the unidentified caller, "or your ass will be next, Siblani." Siblani, editor of the Arab-American News in Dearborn, Mich., cursed at the caller and slammed down the phone.
Listen to Tim Helton and Jim Hackett talk about the economy, and you might think they live in different countries. Helton and his wife, Michelle, just sold their home in Schaumburg, Ill., in a single day, for $184,000 ($2,000 more than the asking price), and bought a larger house for $245,000.
Driving down Manhattan's Ninth Avenue last week, Ray Payano was hard at work. With a client talking to him on Payano's handheld mobile phone and his boss weighing in on the car's speakerphone, the 28-year-old computer consultant was in the middle of a three-way conference call when an e-mail popped up on his mobile-phone screen.
Something strange happened as recession threatened the American heartland. From their perch high in the gleaming glass towers of the Renaissance Center overlooking the decay of downtown Detroit, Michigan, the top executives of General Motors saw trouble approaching.
It didn't take long for American business to suffer some collateral damage from the spy-plane standoff. It came last Tuesday when Prescott Bush, uncle of the president, arrived at the elegant Fangshan restaurant in Beijing for a banquet hosted by China's vice minister of civil affairs.
Once the hot house for low-priced fashions, Old Navy is now trying to get out of the retailing doghouse by introducing a line of "canine couture." America's 62 million dogs now have a place to run to for collar-and-leash sets ($6.50) that match their owners' Capri pants.
As Nissan's new chief designer, Shiro Nakamura, walked among vintage Japanese sports cars jammed bumper to bumper into the Las Vegas convention hall, it was obvious how he earned the nickname "Fingers": he inspected each one of the sleek machines with respect, intensity and more close physical contact than you'd ever expect to see from a Japanese auto executive.
In its day, Henry Ford's River Rouge manufacturing complex was a showcase of the Industrial Revolution. Huge freighters bearing freshly mined iron ore docked at one end of the mile-long warren of foundries and factories, while on the other end, as if by some industrial magic, shiny black Model A automobiles rolled off the assembly line every 49 seconds.
A few years ago, long after corporate raider Carl Icahn had amassed a fortune that reached into the billions, he was asked by a television reporter: "Why do you keep doing this?" His tart reply: "It's a way of keeping score."Now at 64, Icahn, the whip-smart kid from Queens, N.Y., who grew up to be one of the most feared predators of the go-go '80s, is shooting for his biggest score yet: General Motors.
When Philip Morris agreed to pay nearly $15 billion for Nabisco Holdings last week, Wall Street pros were staggered by the price tag. But snack-food king Nabisco can thank diners like Andy Baze for the hefty tab. "Snack foods rock," says Baze, 29, "because they require absolutely no effort." The busy software engineer's idea of a square meal: a Premium Saltine cracker (made by Nabisco) smeared with peanut butter, followed by Chips Ahoy chocolate-chip cookies (also Nabisco), all washed down with...
When Carlyn Challgren moved to Los Angeles, she quickly fell into the California lifestyle--rock climbing, mountain biking, Rollerblading. But the one thing she lacked was a cool car. "I used to park as far away as possible so people wouldn't see what I drove," says the 35-year-old paralegal, who cruised L.A.