Word: foundered
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Dates: during 2000-2009
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...Conergy AG's Hamburg headquarters, on the top floors of a futuristic building with a striking, curved glass roof, Hans-Martin Rüter, founder and CEO of one of Germany's most successful solar-energy companies, muses over last year's acquisition of New Mexico-- based Dankoff Solar Products Inc. Outside, it's another gray day in a country that, according to the Solar Energy Industries Association, gets as much sunlight every year as Anchorage, Alaska. "It's a question of timing," explains Rüter, with a shrug and a smile, of the company he founded 10 years...
...People 55 and older are at the beginning of a revolution to reinvent the kind of housing they want to live in for the rest of their lives," says Zev Paiss, 48, a co-founder of the Elder Cohousing Network in Boulder, Colo. "There have been no models before about how to grow old and stay in your home but be surrounded by a group of neighbors with a connection. This is something people are craving." Interest in the elder-cohousing movement is spreading. Charles Durrett, who brought the housing concept to the U.S. and is the author of Senior...
...repertoire. The pairing will give Corus access to cheaper steel while handing new markets and know-how to Tata. Says Rothschild's Bhandarkar: "Other Indian groups look at things opportunistically. Tata is the only one with an international strategy." An eye for strategy clearly runs in the family. Group founder Jamsetji Nusserwanji Tata knew how to turn a profit. But J.N. also had a patrician vision of spreading wealth and lifting a nation. In a 1902 letter to his son about building a workers' city around his Tata Steel works, he deplored the squalor of industrial England and anticipated what...
Leaders of Christian-conservative lobbying organizations are going along with the G.O.P. push, despite their misgivings about Mark Foley, the now resigned Republican Florida Congressman caught sending lewd e-mails to teenage pages, and the lackadaisical response by the House leadership. James Dobson, founder of Focus on the Family, last week told listeners of his radio program, carried on 1,000 stations in the U.S., "Yes, what Mark Foley did was wrong, but it is still important to go to the polls and let our voices be heard ... Take about five people with you and vote. It would...
Farmer, the founder of Partners in Health, a Boston-based nonprofit organization with projects in the U.S., Latin America, and Russia, said that although the success of projects like those he runs are dependent on the commitment of governments to providing basic health rights, Partners in Health would not necessarily avoid getting involved in countries where the regime is unwelcoming...