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BUSINESS
At age
30, Microsoft tries to untangle bureaucratic snags with a shakeup
SEATTLE,
Washington - Microsoft Corp. promises its software will make people
better workers - more productive, more profitable, more able, as the
company likes to say, to achieve their potential. Yet some wonder why
the software behemoth isn't taking more of its own medicine. As
Microsoft hits 30, critics reel off a list of complaints that sounds
like...
Magellan
Aerospace and CAW reach new contract deal, ending three-week strike at
Winnipeg plant
Retailers
missing the point of loyalty reward programs, Air Miles head says
Retailers have lost their way and
have become too focused on using loyalty reward programs as a currency
to attract customers, says the president of Air Miles. Bryan Pearson
says most retailers are neglecting the wealth of shopper data that is
collected by the programs that could be used to better market to their
customers, which was one of the purposes the program was created in
the first place. "Points are really viewed as discounts or an
alternative way to get something extra and that's not a bad thing, but
I'm not sure it's sustainable in the long run," Pearson said in an
interview Thursday. "The de facto result of having a loyalty program
really viewed as a way to attract the consumer through short-term
tactical initiatives is you end up using what should be a targeted
marketing tool as a mass marketing tool."...
Delphi Corp.,
the largest U.S. auto supplier, files for bankruptcy
DETROIT- Delphi Corp., the largest
U.S. auto supplier, filed for bankruptcy Saturday, sending shock waves
through the country's auto industry, which already is weakened by high
labour costs and falling market share. Delphi's bankruptcy, which is
expected to result in plant closures and layoffs, is one of the
largest in U.S. history. Delphi filed to reorganize its U.S.
operations in federal bankruptcy court in New York, where hearings are
scheduled to begin next week. Delphi's non-U.S. operations were not
included in the filing. Delphi Chairman and CEO Robert Miller said the
company hopes to emerge from Chapter 11 in early to mid-2007. "We will
make every effort to make this as quick as possible...
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