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Loose change

By Times staff writer
© St. Petersburg Times
published February 17, 2002


TOO GOOD? Top executives are lousy team players, according to an article in a magazine published by the Conference Board. That's because they're uneasy listening to subordinates, are prone to dominating meetings and tend to give up easily if they don't see fast results. Michael Finley writes that some consultants think chief executives are "too bright, too dynamic and too impatient to do the laundry that team maintenance requires."

ANOTHER NEW MEANING: The Nasdaq Stock Market, the once-hip home of Amazon.com, Yahoo and countless other fallen Internet stars, has deteriorated into a synonym for "loser." In recent months, Nasdaq has appeared dozens of times in newspapers to describe everything from bad sports teams to troubled TV ratings. One such usage: A sportswriter said Denver Bronco Brian Griese's quarterback rating "Nasdaqed."

PATENT LEADER: IBM won more U.S. patents last year than any company: 3,411. That put it at the top of a Top 10 list dominated by Japanese electronics and computer manufacturers. It was the ninth straight year IBM has topped the rankings released by the U.S. Patent and Trademark Office.

WHERE THE JOBS ARE: Florida, Idaho and Montana are expected to have the strongest job growth in the nation this year at 1 percent, according to Pennsylvania consulting company Regional Financial Associates. The consultancy says that nationwide, jobs will decline by a half percent this year. Hawaii is expected to fare the worst with a loss of 2.7 percent, followed by Georgia, down 1.3 percent.

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