Word: corps
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...staging 2,300 races in 42 states each year, the cream being its 36-event Winston Cup series, which, heading into 2001, landed a six-year network-television contract worth about $400 million annually. The NASCAR organization is still owned by the France family; its public corporation, International Speedway Corp., owns or operates 11 tracks coast to coast, with new venues in Chicago and Kansas City, Kans. Last year ISC had revenues of $440 million, up 47% from...
...exception should be the Indian state of Maharashtra, which has electricity galore, thanks to a major power complex set up by Dabhol Power Co., a consortium of foreign companies led by Enron Corp. of Houston, Texas. But before Maharashtrans fire up their irrigation pumps or coiled-wire tea kettles, there's one small snag: the electricity is so expensive no one can afford it. "More than 600 small manufacturers have already closed down because of high electricity bills," says Ashwin Treasurer, owner of an electronic component factory. "What sort of development is this...
...CLUBHOUSE Whether you call it a revolving door, musical chairs or politics as usual, the comings and goings of the board of directors at Electronic Data Systems Corp. proves partisanship runs only so deep...
...Harvard has hired HNTB Corp., the firm that built an 83,000 sq. foot recreation center for Northeastern University in 1996, to do a complete analysis of the athletic and recreational space owned by the Faculty of Arts and Sciences...
Odyssey Investment Partners and First Reserve Corp., a pair of buyout firms, were among the earliest to tap this replenished reservoir to finance a takeover. Last week they agreed to buy Dresser Equipment from oil-services giant Halliburton for $1.6 billion. More of that can't be far behind...