Word: invest
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...getting bigger and more efficient, and that's not going to stop." The Environmental Working Group's farm-subsidy database shows that Ebbersons in the area collected $3 million in crop aid over the past decade. Craig used that money to snap up more land, expand his feedlot, invest in a nearby ethanol plant and buy gizmos that track his fertilizer and pesticide use and the food and drug intake of every cow. It's no accident that agriculture's productivity growth consistently outpaces the rest of the economy--or that farms with million-dollar revenues are the fastest-growing...
...three U.S. Triple Crown races in 2003, amassing more than $2 million in prize money. But the horse was a fluke. James Oldring, industry marketing manager with the British Horseracing Authority, advises against "any false expectations or hopes" and estimates that average returns rarely exceed 25% of total investments. Syndicate members say they don't do it for the money. They invest because they have a passion for horses and want to be more deeply involved with friends and family in the spectacle of thoroughbred racing. "It's amazing how quickly the bond develops between a group of grown adults...
...April 2005, the Harvard Corporation, the University’s senior governing body, instructed Harvard’s endowment managers not to invest directly in PetroChina. Harvard’s move kick-started a nationwide divestment campaign: Since then, 20 U.S. states and more than 50 universities have followed Harvard’s lead and cut their direct ties to PetroChina. Harvard’s move sent a clear message to PetroChina: If you keep on supporting the genocidal regime in Sudan, you will face serious financial repercussions, and your access to worldwide capital markets will be limited...
...Still, signs are emerging that the tide may be turning for those fighting the Quixotic fight for preservation of old Beijing. On October 15, Beijing Communist Party Secretary Liu Qi said the city plans to invest 2 billion renminbi ($268 million) over the next few years to renovate courtyard houses to protect the city's cultural heritage, and also to raise the living standards of hutong residents through measures to improve housing, transportation, environment, education, food safety and social security. The change in official attitudes may also lead to a more tolerant response to citizens' efforts to prevent further destruction...
...risk, citing government-controlled firms in which private investors hold a minority stake. “When the government becomes both referee and player,” he said, “the game changes rather dramatically for all participants.” Sovereign wealth funds allow states to invest their savings in private markets. “Unchecked, this could be the ultimate insider-trading tool,” Cox added. Before he became chairman of the SEC in 2005, Cox represented California’s 48th district in the House of Representatives, most recently chairing the Committee...