Word: booming
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...Midland, Texas, where the young Harvard Business School graduate landed in 1975 hoping to strike it rich in the oil business. There, Bush recalls, businesses were filled with "good men" who would strike a deal on a handshake or the strength of a family name. When the oil boom went bust, as it did for Bush in the mid-1980s, small-business men didn't cash out their stock options and run; they took pay cuts and tried to help their employees. To Bush, Enron and WorldCom were aberrations, the fault of a few bad actors in an otherwise sound...
...legitimate portal for selling music. The site is currently being retooled for its new mission. Last year, Bertelsmann admitted having ?890 million in Internet startup losses. Another questionable buy was the $550 million or so Middlehoff paid for the U.S. magazines Fast Company and Inc. just as the Internet boom was fading and advertising along with...
...Bally Total Fitness, a publicly traded U.S. firm with $1 billion in annual sales and 430 clubs in North America, is also looking to ride the boom. The company recently opened a vast 4,500-sq-m complex on Beijing's prestigious Changan Avenue?the first of up to 100 clubs Bally plans to build in China over the next four years through a joint venture with China Sports Industries. Lack of competition is one reason Bally is wading in, says chief operating officer Paul Toback. The corpulent U.S. has 18,000 health clubs. China has fewer than 20 freestanding...
...only signs of local admiration, but firm reminders that this is the King's beach, unblemished, as a consequence, by the blight of jet skis and girlie bars. The King couldn't save the skyline, marred by a scattering of concrete towers?the detritus of a short-lived condo boom derailed by the Asian financial crisis. But Hua Hin's golden beachfront is lined by 1960s-era wooden cottages where Thai families still gather to watch the waves from worn porches...
...Midland, Texas, where the young Harvard Business School graduate landed in 1975 hoping to strike it rich in the oil business. There, Bush recalls, businesses were filled with "good men" who would strike a deal on a handshake or the strength of a family name. When the oil boom went bust, as it did for Bush in the mid-1980s, small-business men didn't cash out their stock options and run; they took pay cuts and tried to help their employees. To Bush, Enron and WorldCom were aberrations, the fault of a few bad actors in an otherwise sound...