Word: invest
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...Henry Paulson Jr. The Treasury Secretary and Bush's Social Security front man raised eyebrows last week by saying he would set "no preconditions" on the Administration's push to reform. Paulson's statement hinted that the President is backing off his demand that workers be allowed to invest some of the payroll taxes levied for Social Security in private accounts. Max Baucus A Montana Democrat and the incoming chairman of the Senate Finance Committee, he has declared he wants to hold hearings on Social Security's shaky health. Baucus believes private Social Security accounts are a nonstarter...
...Diana Ross in skills ranging from dealing with the media to knowing which fork to use at a formal dinner, emphasized the importance of being able to cope with change. "One thing Maxine always taught us," Reeves recalls, "is that you have to have a life outside of music. Invest in yourself some other way, she said, because you can lose the money and the fame, and then where...
...also an associate professor of political science at the university. Other than Shaheen, “nobody on the Democratic bench has the name recognition or political experience to take on Sununu,” Smith said, adding that “the national party will not want to invest a lot of money on an unknown candidate.” But Smith said that winning the general election may be a “difficult challenge” for Shaheen, as it would be “a very close race between two big name people...
...important to keep the country's acquisitiveness in perspective. Companies in other rapidly developing nations such as China and Brazil are also heading overseas. From 2002 to 2006, for example, India made 176 investments in Europe, according to Invest in France Agency, a government-backed investment-promotion group. China wasn't far behind with 114 deals over the same period. And last week, a Brazilian steel group?Companhia Sider?rgica Nacional?challenged Tata Steel's bid for Corus by making a preliminary $8.5 billion offer, 4.4% more than Tata's buyout proposal. Says Rajat Gupta, former global managing director of McKinsey...
...free-market democracy with a legal system that, though frustratingly slow, is easy for Westerners to understand. The country has longstanding cultural and trade ties with the rest of the world, which adds "a comfort factor" to its business dealings overseas, says Andrew Cahn, chief executive of UK Trade & Investment, a government body that supports foreign companies looking to invest in Britain. To be sure, Indian companies occasionally run into xenophobia and protectionism. Earlier this year, Indian-born Lakshmi Mittal's $33.5 billion purchase of Arcelor, Europe's top steel producer, was initially opposed by CEO Guy Doll?, who said...