Business and Economy
Italian-Americans have served an important role in the economy of the United States, and have founded companies of great national prominence, such as Bank of America (by Amadeo Giannini in 1904), and many companies that have contributed to the local culture and character of U.S. cities, such as Petrini's Markets (founded by Frank Petrini in 1935), among many others. Italian-Americans have also made important contributions to the growth of the U.S. economy through their business expertise. Italian Americans have served as CEO’s of numerous major corporations, such as the Ford Motor Company and Chrysler Corporation by Lee Iacocca, IBM Corporation by Samuel Palmisano, Lucent Technologies by Patricia Russo, The New York Stock Exchange by Richard Grasso, Honeywell Incorporated by Michael Bonsignore and Intel by Paul Otellini.
Read more about this topic: Italian American
Famous quotes containing the words business and/or economy:
“As for your friend, my prospective reader, I hope he ignores Fort Sumter, and “Old Abe,” and all that; for that is just the most fatal, and, indeed, the only fatal weapon you can direct against evil ever; for, as long as you know of it, you are particeps criminis. What business have you, if you are an “angel of light,” to be pondering over the deeds of darkness, reading the New York Herald, and the like.”
—Henry David Thoreau (1817–1862)
“Cities need old buildings so badly it is probably impossible for vigorous streets and districts to grow without them.... for really new ideas of any kind—no matter how ultimately profitable or otherwise successful some of them might prove to be—there is no leeway for such chancy trial, error and experimentation in the high-overhead economy of new construction. Old ideas can sometimes use new buildings. New ideas must use old buildings.”
—Jane Jacobs (b. 1916)