Word: investements
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Wine as beauty regimen? Aeronautically refrigerated face cream? These are not ideas you would expect to come out of a Procter & Gamble or L'Oréal, no matter how many millions of dollars such conglomerates invest in research. But for smaller brands?many of which are hot targets?the more offbeat the idea, the better. Mathilde Thomas, co-founder of the French vinotherapy brand Caudalie, feels that smaller brands can take risks, ultimately, and that's what keeps the consumer interested...
WASHINGTON—Former University President Lawrence H. Summers argued that developing nations should invest more of their foreign exchange reserves in equities, rather than relying on U.S. treasury bonds, in a speech at the World Bank last week...
...management shuffles and power struggles, Bill Ford didn't provide. Ford's product-development staff has been reorganized half a dozen times since the early '90s. John Mendel, a former sales executive, recalls a management meeting in the late '90s at which an analyst warned that Ford needed to invest in next-generation car designs and engineering. "The overwhelming response was that Ford is making more money than ever," he recalls, "and 'How could we be in trouble...
...spiritual quid pro quo. And Osteen's version, while it abandons part of that magical thinking, may strike some as self-centered rather than God centered. But American Protestantism is a dynamic faith. Caldwell's version reminds us that there is no reason a giving God could not invest even an awkward and needy creed with a mature and generous heart. If God does want us to be rich in this life, no doubt it's this richness in spirit that he is most eager for us to acquire...
This speech was not the first time that Summers has called for developing countries to invest their reserves more aggressively; he made the same argument in March while travelling through India...