Word: household
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
That dichotomy of price and style has always been the industry's not so secret weapon. You make more money selling perfume than you do hawking pret-a-porter. Only 2.4% of the U.S. population has the annual household income of $200,000 that qualifies them as luxury shoppers. You could go broke catering to that lot. "The preponderance of luxury goods is not sold to that population," says Bills of RPA. "The majority are licensed goods sold in Topeka, Kansas, and places like...
Other members of the Forbes 400 would also do quite nicely, based solely on their stockholdings in their companies. Philip Knight, Nike's billionaire founder and chief executive, who turned a sneaker into a household name, could save $14 million or more in taxes. Michael Eisner, ceo of the Walt Disney Co., could shave off $1 million. Still others belong to an elite tax-savings fraternity. Most notably: the five members of the Walton clan of Arkansas, the first family of Wal-Mart Stores, who could pocket $187 million...
DEFIBRILLATOR If you suffer a cardiac arrest, your only chance of survival is to have your heart shocked back into operation within minutes. That's why portable defibrillators are popping up everywhere, notably on airplanes, and why the FDA last year approved the first household version, called the HeartStart Home Defibrillator. It isn't cheap ($2,295), and you can't use it on yourself. Because 70% of cardiac arrests occur at home, perhaps that's where the HeartStart should...
Likewise, the claim that Asian Americans are more economically successful than whites is erroneous. While the census bureau reported in 1997 that Asian Americas have higher median household incomes than non-Hispanic whites, this overlooks the fact that Asians have more income earners and individuals within each household. Moreover, Asian Americans concentrate both in metropolitan areas and in the states of California, New York and Hawaii, where costs of living are much higher, thereby decreasing their actual purchasing power. Consequently, if we use per capita income as a socioeconomic indicator, non-Hispanic whites, on average, earn over $2,000 more...
Like Rowley and Watkins of Enron, Cooper grew up in a household where money was tight. She remembers the lights going out when she was little; her father Gene Ferrell remembers her worrying over him when she noticed a hole in the bottom of his shoe he hadn't told anyone about. As soon as she could get a job, she did. Beginning at age 14, she worked at a series of local eateries, including McDonald's and Morrow's Nut House...