Word: household
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That's not a drain the BBC can tolerate. The BBC derives 78.5% of its $8.5 billion in income from an annual $275 license fee payable by any household equipped to receive TV. In return, the BBC is obliged to cater to all ages and socioeconomic groups. "In a world of fragmentation, a world of more choice, of a revolution in how people are accessing content, one of our big, big challenges is to hold that reach," Byford says...
...there add up, then Finland's Enfucell has a battery that will help people make a difference by cutting down on all the metal, lithium and alkaline that leaks from conventional cells. "Our battery doesn't have to go to the battery-recycle bin. It's disposable as household waste," says Jaako Happonen, 50, Enfucell's chief executive...
Perhaps, though, the latest news was too much, although the separation announcement wasn't wholly unexpected: The gossip rags have been hinting for months that all was not well in the Bourbon-Marichalar household. Besides, Elena and Jaime have always made a strange pair. Married for 12 years and parents of two children, she has always been the loyal, stoic princess tirelessly fulfilling her royal duties, while he, an eccentrically dressed dandy, has become a regular presence at New York fashion shows. But whatever their differences, and although the Palace stressed that the separation was a "temporary cessation of their...
Vasella came late to the business world but was introduced early to illness and adversity. Born in 1953 in Fribourg, Switzerland, the son of a history professor and the youngest of four children in a Catholic household, Vasella developed asthma at 5, then fell ill with tuberculosis and meningitis at 8, each time spending a year away from home in recovery. He was 10 when his eldest sister died of cancer; three years later, his father died from complications after surgery. But the accidental death in 1982 of his second sister, who had attended medical school with him, was most...
...that figuring out how to restore Citi's luster in the face of a halting economy has left him speechless. After 15 years of mostly flush times and five of downright bingeing, the business of lending may have run into a wall, at least in the U.S. Household debt grew almost three times faster than income from 2000 to 2006. Now the country appears to be tapped out, and a recession may result. Neither of those things is good news for Citigroup...