Wells Fargo Cuts 70 Senior Managers Amid Scandal

Wells Fargo Cuts 70 Senior Managers Amid Scandal

Wells Fargo Cuts 70 Senior Managers Amid Scandal & Co., the lender that is trying to overcome a fake accounts scandal in its communal bank, said the new leader of the division cuts down 70 top positions. The lender will reduce the number of local and regional presidents to 91, Mary Mack, director of retail …

Gixxer hits a Sixer

  E Ever since Suzuki Motorcycle India Private Limited (SMIPL), a subsidiary of Suzuki Motor Corporation, Japan, started its oper­ations in India in 2006, its only bestseller has been a 125cc gearless scooter, ‘Access’ which has domi­nated its segment since launch. Its line-up of motorcycles, including models such as the Hayabusa, GSX-R, Intruder and a …

Indian contribution to extend¬ing Moore’s Law

At every stage, engineers have had to fine-tune various elements of the manufacturing process and the chips -themselves. For example, in the late 1970s, when memory chip- makers faced the problem of limited availability of surface, they found an innovative answer to the problem. “The dilemma was,” says Pallab Chat­terjee should we build skyscrapers or …

Moore s Law,through the years

VOL 38, NO 8, 1965 “The complexity [of integrated circuits] for minimum costs has increased at a rate of roughly a factor of two per year/’ – Gordon E Moore, Electronics, T This year marks the 50 years of the reign of ‘Moore’s Law’ in electronics. Gordon Moore, the co-founder of Intel, made a pre­diction …

Power of Coca-Cola

  Late last year (2014), Coke started the Coca-Cola Founders, which it describes as a new model for creat­ing start-ups. “First, we partner with experienced entrepreneurs around the world. Then we immerse them in the power of Coca-Cola – our rela­tionships, resources, and reach – before they create a start-up. Together we focus on big …

Across the Atlantic

  While Nestle and Unilever are the main European corporate angels (the start-up could be in any country, how­ever), there is a great deal of similar activity across the Atlantic. The cola rivals have been very active. Says Jeff Dahncke, a New York-based spokes­person for PepsiCo: “PepsiCo has always been at the forefront of explor­ing …