Word: entrepreneur
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Boston's new central business district makes sense only in light of the fact that every city must play the role of an entrepreneur, exploiting its comparative economic advantages to insure its economic survival. Replacing slums (usually with skyscrapers) and attracting badly needed tax revenues to the city are the two social and economic imperatives which make corporate capitalism so attractive to the Mayor and the Boston Redevelopment Authority. But how is it possible, within these priorities, to make the cityscape suitable for human existence? One kind of answer has emerged from the BRA's work on the waterfront...
...ideal match. In addition to its real estate and construction activity, the company owns four major Nevada hotels and casinos: the Sahara and the Mint in Las Vegas, the Sahara Tahoe in Lake Tahoe and the Primadonna in Reno. Sinatra is both a Las Vegas entertainment idol and an entrepreneur. He even held a Nevada gaming license in the early '60s. Evidently impressed by Webb's potential, Sinatra in 1975 quietly began to acquire 420,000 shares, or 5%, of the company's outstanding stock. To finance part of the purchase, he borrowed $850,000 from...
Founded by Chicago Entrepreneur Nate Sherman, Midas long thrived as the number of its franchised dealers increased steadily over the years. But after Nate's son Gordon took over in 1967, a father-son conflict arose. Gordon was a University of Chicago intellectual and partial to Elizabethan English and the raising of orchids and hummingbirds. He favored a relaxed style of management that did not sit well with dad. Several dealers quit, and the internal strife began to show up in leaner profits. After a proxy fight, Sherman Sr. in 1972 sold his controlling interest to IC Industries. When...
...projects: the bestselling Marilyn, a collection of over 100 pictures of Marilyn Monroe by 24 top photographers, with text by Norman Mailer, and the movie The Man Who Skied Down Everest. Nonetheless, he wants to be considered as "an investigative journalist and not a wheeler-dealer or an entrepreneur or even a hardened hustler...
...film an execution at the state prison. The judge in Utah ruled, however, that the Tribune and KUTV had no particular right to cover the execution. That left Gilmore free to assign the five seats granted to him by law. He gave one of them to Larry Schiller, the entrepreneur who paid $125,000 for the rights to his story...