Word: foundered
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Dates: during 2000-2009
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...crab fondue and London broil, they toasted the start of their spanking new bank. It had been decades since a locally grown bank had opened in Tavares, an old citrus hub about an hour by car from Orlando. "We had folks drive from 45 miles away," recalls Reunion co-founder and CEO Mike Sleaford. "Everyone was so excited...
Since Mom Corps opened shop in 2005, it has matched nearly 1,000 women with manager-level positions at small firms as well as Fortune 500 ones. Though the number of listings fell in recent months, founder Allison O'Kelly says, things are picking up as hiring freezes make project-based, benefits-free workers the only kind companies can afford...
...This is not a good time for many businesses, but this is a good time for our business," says iRelaunch co-founder Carol Fishman Cohen. Her firm, along with sites like YourOnRamp and 2Hats Network, offers crash courses in networking as well as tips on how to finesse gaps in résumés (don't organize chronologically) and what to wear to an interview (shoulder pads are for linebackers...
...four-mounth-old IOP Diversity Council—created to advise the IOP’s Student Advisory Committee and the broader IOP community—aims to increase “diversity of opinions as well as racial, economic, gender and international diversity,” according to founder Honor S. W. McGee ’10. Each Council member works with a distinct IOP program, such as the IOP forum or IOP TV, to publicize events, offer advice on appealing to a more diverse audience, and encourage racial groups to actively engage with the IOP. Council members have...
...decline. Some eateries said that diners have been spending less on average while regulars have been dropping in less frequently. But on weekends, restaurants are still packed—and alcohol sales have been resilient.The key to riding out the recession, according Paul D. Consorti, president and co-founder of Finale, is flexibility, something which Square restaurants have demonstrated by offering specials and extra attentive service.CASE BY CASE BASISBut despite their concerted efforts, Square restaurants say the economy has taken its toll on business.“We haven’t been immune,” Consorti said.The recession...