Word: coca-cola
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...monthly travels include trips to Russia andadditional weekend jaunts to pitch the project tocorporate sponsors--including Coca-Cola andHewlett Packard. The Truman Scholar also spendstime in consultation with the project's directors,who include the Dalai Lama, Jimmy Carter, formerIsraeli Prime Minister Shimon Peres and formerIrish President Mary Robinson...
...swing. American consumerism is fast consuming Moscow's population. The perestroika-era novelty of Gorbachev sneaking McDonald's and Pepsi through the gates to a hungry population has begot a deluge of American products. Today, the area behind the Kremlin looks quite a bit like Times Square. Sanyo and Coca-Cola signs light up the night sky. Russians chow down at a McDonald's only a few blocks from the Kremlin, while a Pizza Hut a few blocks further down Tverskaya Boulevard faces a statue of Pushkin, Russia's national poet...
...newsletter Personal Finance, notes that Buffett may feel vulnerable. The stock market has roared ahead in the past three years on the power of a "perfect-world" economy, one where inflation was low but earnings were robust. Buffett's stocks, more than most, have been big winners. Coca-Cola, his largest holding, has shown an average annual gain of 36.2% since the end of 1994, vs. 30.6% for the Standard & Poor's 500. Coke now trades at about $67 a share, more than 40 times last year's earnings and close to double the earnings multiple for the average stock...
Imagine that Coke Classic told Coca-Cola it wanted to finish its run on top and was quitting, or that Windows announced to Microsoft that after looking deep into its heart, it had decided to move on, and you will get some idea of how Jerry Seinfeld's decision to end his show will affect NBC. Quite simply, the network is a company that is being forced to discontinue one of its most profitable products. NBC made an estimated $500 million last year, and Seinfeld contributed some 40% to that total. The comment of Seinfeld that the show is "about...
...stars are lining up auspiciously. In January he performed at the presidential Inaugural. He already has a TV sitcom, UPN's In the House, in which he stars as a father figure and sports-clinic owner, and this fall he debuts in a national ad campaign for Coca-Cola. In September he published his autobiography, I Make My Own Rules, in which he urges his fans to "get beyond materialism." Of his music, he writes, "I know I need to be careful when it comes to violence and negativity. I realize that what I do transcends music...