Word: businessman
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...even created her pink pillbox hat). But as a designer, he was all minimalist chic. His simple, elegant lines, his use of sensual, clinging fabrics like jersey and cashmere and practical ones like Ultrasuede and his disavowal of the extraneous made him the quintessential American designer. But a businessman he was not. Long before he died in 1990, at the age of 57, he had lost control of his name, and his label was in tatters...
Brill's record as a businessman is less clear-cut. American Lawyer and its sister magazines have never been big moneymakers, and Court TV has struggled to get into the black. Early last year Brill was stymied when he tried to gain full control of his media ventures from partners, including Time Warner (parent company of TIME's publisher), and he wound up selling out to the company instead, a deal that netted him more than $20 million. He'll spend much of that on Content, which he projects will cost $27 million before breaking even. (One of the three...
...could Gates become the world's de facto banker? "I don't have any interest in bringing Microsoft into that arena," says Dusche. "Frankly, it's a really tough business." But his boss is a really tough businessman. As banking evolves into a competitive, complex business conducted over the Internet, Microsoft software--just as in the PC era--could become ever more valuable even as the products it enables grow ever less so. "I can go online and find hundreds of checking accounts," says Condon. "Microsoft wants to sell more servers and software, not become a financial institution." But Gates...
...future of money: Thumbprint identification. It?s real, and it?s catching on all over the country. Banks in all 50 states have some version of the system, and may start requiring you to use it. Which is one of the reasons why Peter Taussig, a California businessman, is taking his bank to court. ?I was not going to give them fingerprints,? said Taussig Monday. ?Nor was I going to give a saliva sample or a hair sample or a urine sample...
Richard Yan is not merely a new breed of mainland Chinese businessman--he's a member of the very first class, and one of its rising stars. His Richina Group, which didn't exist four years ago, has revenues of $270 million and 1,850 employees making leather, running a jazzy Beijing aquarium and turning out computer magazines. Yan, 34, is the driving force, and his megawattage borders on the nuclear. He works 100-hour weeks, flies only coach on business trips and flops on friends' couches to cut expenses...