Word: corps
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Dates: during 1990-1999
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Powell (a board member of the United Negro College Fund, Howard University, the Boys and Girls Clubs of America and Gulfstream Aerospace Corp.) is actually Powell Inc., which he runs from his house in McLean, Virginia, and a boxy little office nearby that's decorated with Army memorabilia, a print of Teddy Roosevelt charging San Juan Hill and a collection of gimme coffee mugs. His day job is to give speeches for big fees, but he is spending 30% of his time now on the summit and expects that to grow...
Silverman, who founded HFS as Hospitality Franchise Systems in 1990 and took it public in 1992, has his company in the thick of some of the hottest plays on Wall Street. If Hilton Hotels Corp. succeeds in its hostile $6.5 billion takeover bid for ITT Corp. and its chain of 424 Sheraton properties, as many analysts think likely, HFS will add the luxe Sheraton brand to its already bulging portfolio. That's because Hilton ceo Stephen Bollenbach wants to license HFS to franchise the Sheraton trademark worldwide. Says Bollenbach of Silverman: "He can do more for the Sheraton brand than...
Kristins Hals, a project manager at AIDS Housing Corp. who spearheads several programs to handle housing issues for the HIV-positive, explains that each program services different needs within the HIV-positive community in Cambridge...
...direct proportion to the Internet's popularity over the past few years. Usually the fears are baseless and serve only to slow down mail servers across the land. But events last week showed that roads to the Information Superhighway can actually be treacherous, and even the mighty Microsoft Corp. can be slowed down by pot-holes...
That is by no means the most devastating loss stemming from a biotech failure in the '90s. Centocor Inc. fell from $60 to $5; Xoma Corp., from $32 to $1; Synergen Inc., from $73 to $4--all because of hyped septic-shock drugs that didn't work. Inject those babies into your 401(k), and you'll never retire. And these aren't isolated cases. Viren Mehta, a biotech expert at Mehta and Isaly, keeps track of biotech bombs. He says there have been 14 major disasters this decade. But even if you avoid specific product failures...