Word: cashes
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...economy, where can a cash-strapped team training for the Winter Olympics turn for help? Stephen Colbert. Seriously. On Monday night's Colbert Report, the mock-blowhard host of the Comedy Central show announced that he will ask his loyal fans to donate money to the U.S. Speedskating team, whose largest commercial cash sponsor, Dutch bank DSB, just went belly-up. (Colbert snarkily referred to DSB as "Deposit Savings in Bong.") In exchange for the publicity and potential revenue, Colbert Nation logos will be stitched onto the suits of both long-track and short-track skaters during World Cup competitions...
...taken diametrically opposite views on whether it is wise or strategic to invest capital into content businesses. [While Comcast considers merging with a content company,] Glenn Britt, CEO of Time Warner Cable, has said he will not under any circumstances invest any of the company's quite significant free cash flow into any content businesses. It seems highly unlikely they could both be right...
Members are not obliged to accept barter clients all the time. "There are times of the year when our hotel is full and we know we can generate cash payments," says Stephen Hill, the owner of the 24-bedroom Hotel Penzance in Cornwall, southwest England. "There are other times when we can't - and that's when Bartercard comes into its own." Whenever Hill has unfilled rooms, he places an appeal for barter business on Bartercard's online site or through the firm's brokerages - there are currently 100 offices around the world to help connect members. If the hotel...
...that trading means more profit for Bartercard. The privately held company charges a one-time membership fee - $1,200 to $2,400, depending on the size of the business - and a 5.5% cash and 1% trade fee on each transaction. Sharpe is confident the firm will continue to expand even as the economy improves. "Companies will need to hire new staff and restart advertising and marketing campaigns which they pulled during the recession," he says. "Bartering frees up cash for that." It's a concept he obviously believes in: the firm uses its trade credits to pay the rent...
...Ponzi scheme and confirmed that he had given the Abadis some artwork to auction. But while that person said he was happy with the price the Abadis got him, he would not let TIME use his name and said he was troubled by Southern Star using "misleading ads" to "cash in on the Madoff tragedy...