Word: beltings
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With a new Ph.D. under his belt (he graduated from Columbia in 2000), a passion for thoughtful conversation and a bit of career lust, Allen decided to enter the marketplace—of ideas. Last fall, Allen set up a table in Union Square’s fruit market and, hoping to snag future paying clients, offered free one-on-one philosophical consultations to anyone who had a pressing existential concern...
...opted for an Xtreme Mac case in simple black leather. (It's also available in blue denim, camouflage cloth, London plaid, even a butterscotch checker pattern.) I liked the easy access to the player's controls, the extra-secure belt clip and the Mylar inside cover that enabled me to clearly see the display. Xtreme Mac offers its case in three different "bundles," with the basic version retailing for $40 and an "essentials package"--including a lanyard, two swivel mounts and a car charger--for $20 more...
...diarrhea incident rattled the industry. Some major players, among them Dow and Monsanto, are steering clear of the Farm Belt, preferring to grow their pharmacorn in isolated areas of Arizona, California and Washington State. Even so, the USDA--under pressure from Midwestern politicians who dream of biopharm Silicon Valleys in Iowa--has stopped short of restricting biopharming in major corn-growing states. Its new rules would step up inspections of biopharms and expand the buffer zone between genetically modified corn and food crops to a mile. But opponents say that's not wide enough to prevent cross-pollination...
...phones Fidelity more than 9,000 times in a year. Or the woman who demands help in selecting 10 outfits, tries them all on and leaves without buying even a belt. "They may not be demons as individuals, but they are killing your stock," writes Larry Selden, a Columbia Business School professor, and Geoffrey Colvin, FORTUNE's senior editor at large, in their book Angel Customers & Demon Customers, which hits stores in early June. Business people have always known that some customers aren't worth the trouble. Now Selden and Colvin show, through vivid examples, how much companies can gain...
...also obsessive about cost saving: the company reuses packing materials and canvases from failed works, and buys Japanese-made Holbein paints not because they are better than American-made Liquitex but because they are up to 30% cheaper. According to some of his employees, Murakami's pursuit of conveyor-belt efficiency can make him a ruthlessly demanding boss. "The word compromise is not in Murakami's vocabulary," says Tomohiro Hoshino, who does 3-D paintings at KaiKai Kiki. Still, Murakami's relentless focus on the business of making art pays rich dividends. He proudly notes that in 1998 it would...