Word: entrepreneurism
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Dates: during 2000-2009
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With his nylon socks and cigarette pinched between index finger and thumb, Liu looks like any other small-fry entrepreneur in China's hinterland. Yet for two reasons, he is different. First, his business is oil. Second, he's running from the police. Liu, who declines to reveal his full name, changes his cell-phone number weekly and won't pass two nights in the same bed. His fugitive life is shared by dozens of other wildcat oilmen in northern China's Shaanxi province, where independent drillers are fighting for compensation after the government seized their wells and detained several...
...Roppongi Hills Club, a members-only (initiation fee and deposit: $20,000) oasis of fine restaurants and spectacular views where authors, artists, celebrities and executives can gather in peace high above the masses. Every third Thursday of every month, Fujimoto convenes a meeting here of the Young Entrepreneur Organization, an association of 125 businesspeople under 40 who are the founders and CEOs of companies with at least $1 million in annual sales. The group gets together for a lecture from a corporate luminary such as ex-Sony CEO Nobuyuki Idei or Matsui Securities CEO Michio Matsui, discussion about...
...Voilà MTV Desi, which should air nationally in July. After Jay Sean's interview, he sticks around to pose for photographs with fans. "To me, it's been a long time coming," the singer says between autographs. "There is a massive market out there." Sean, an artist and an entrepreneur, pauses and then continues, "We make up one-fifth of the population of the world. Imagine that." --With reporting by Jeanne DeQuine/ Miami, Noah Isackson/Chicago and Laura A. Locke/ Cupertino...
...entrepreneur and her prospective investor now have to ask some new questions. Does her business model effectively induce others to violate copyright?†he asked on his website. “What kinds of advertisements would get her in trouble? What are the ‘reasonable’ steps that she needs to take to stop people from using her technology for infringing uses...
...raiders is a USX pension fund with an estimated $2.5 billion in excess assets. Last month the company's stock began moving into some well-known hands. Among the buyers: Robert Holmes à Court, an Australian investor; T. Boone Pickens, the Texas oilman-raider; Irwin Jacobs, the Minneapolis entrepreneur and speculator. Pickens reportedly cashed in his chips two weeks ago for a big profit. Icahn, on the other hand, continued to buy. Last week he announced that his holdings had reached 11.4% of USX and were still climbing. Said Icahn: "We have made a serious offer...