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...real estate during a market peak, and as a result the company shouldered $10 million in debt. Today Peter Kim, 33, is CEO of a debt-free, $15 million-a-year business. In 1999 he launched Drunknmunky, an Asian-influenced men's street-wear line that pulls in the bulk of the company's revenue. Battling low-cost production from competitors in China and elsewhere, Kim decided to pursue the higher profit margins in design and retail. "That's where I believe the industry is going: either you're a brand or you're dirt cheap," he says...

Author: /time Magazine | Title: Entrepreneurs: Legacy of Dreams | 6/7/2004 | See Source »

...tourists. Sure, the Essential Field Guide to Afghanistan can point you to the best pizza in Kabul. It also describes the blue glassware sold in the bazaars of Herat and tells you where to find a bed in Kandahar or nonstop Hindi movies in Mazar-e-Sharif. But the bulk of Edward Girardet and Jonathan Walter's guide relates to more life-and-death matters, and it is an essential traveling companion for humanitarian-aid workers, diplomats, peacekeeping troops, journalists and others bound for Afghanistan. Although populated by plenty of hospitable folk, Afghanistan is also lawless and dangerous...

Author: /time Magazine | Title: Time Traveler | 5/31/2004 | See Source »

...will make some," but added that they didn't make much sense with gasoline at $1.50 per gal. Gas prices are up 30% since then, but GM officials insist their strategy has not changed. The focus is still on delivering hybrid versions of SUVs and pickups while devoting the bulk of GM's future-power-train research into a commercially viable hydrogen-fuel-cell vehicle, which the company says is on track for 2010. (Ford was slow, too, having to license some technology from Toyota for its hybrid Escape...

Author: /time Magazine | Title: Make Vrooom For The Hybrids | 5/24/2004 | See Source »

...interview yesterday, Summers attributed the bulk of his pay jump to a particularly large subsidy for taxes on his apartment in Washington, D.C. He also received a $50,000 raise in standard compensation, according to the tax documents...

Author: By Zachary M. Seward, CRIMSON STAFF WRITER | Title: Wages Rise For Top Officers | 5/19/2004 | See Source »

Thomas M. Reardon received a 10-year, zero-interest education loan of $306,312 in January 2002. And though Taylor no longer works at the University, she still owed Harvard the bulk of two small education loans totaling $25,000 at interest rates of 10 and 8.25 percent...

Author: By Zachary M. Seward, CRIMSON STAFF WRITER | Title: Wages Rise For Top Officers | 5/19/2004 | See Source »

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