Word: businessese
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Since 2002, annual foreign direct investment in the mainly Muslim but officially secular country of more than 70 million people, which has traditionally served as a crossroads between East and West, has jumped more than 30-fold, to about $22 billion. Investment in banks, retail and commercial real estate has...
Turkish businesses, meanwhile, invested $28 billion in Russia last year, up from $15 billion in 2005. They are poised to take advantage of the $1 trillion that Russia says it will spend on infrastructure by 2020. And while Turkey refused to permit U.S. troops to invade neighboring Iraq from its...
Elk Grove's government is getting in on the act too, attempting to attract new businesses to the town, notably large health-care providers. "In five to 10 years," says Cody Tubbs, Elk Grove's interim city manager, "we think we will be the medical hub of South Sacramento County...
Surgeon Daniel Palestrant was laid up for several months with a back injury when he realized that it often took years before new techniques developed by pioneering doctors filtered out to the rest of the medical world. Why not bring physicians together online and, even better, charge businesses for access...
The answer varies upon whom one asks. Most big businesses simply eat the lost work days or deduct them from the additional vacation time employees have been accorded since France introduced the 35-hour work week in 2000. Midsize and smaller companies running on tighter budgets say they have a...