Word: investers
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...quarter, corporate leaders can focus on long-term goals. Says Dean Meadors, a spokesman for Mary Kay Cosmetics: "Going private gives us the opportunity to get out of the fishbowl and to make marketing decisions in a longer time frame than a public company has. Sometimes you need to invest in the future, and sometimes the future is more than 90 days away...
Along with doctors and Hollywood movie stars, professional athletes often find it easier to make money than invest it. Nonetheless, Kareem Abdul-Jabbar, 38, the basketball superstar for the Los Angeles Lakers, hopes to become a savvy financier. He is now a member of a partnership that includes eight current and former basketball players. Among Abdul-Jabbar's investor mates are Ralph Sampson of the Houston Rockets and Terry Cummings of the Milwaukee Bucks. Their first investment was the $1 million Redmont Hotel in Birmingham, which they are spending nearly $5 million to remodel. A $22 million Los Angeles health...
...long as he keeps his mouth shut. "Radio is an avocation, fun and games to me," says Williams, 53, who has been involved in a range of entrepreneurial ventures, from insurance and real estate to a car-rental agency and a florist business. Asked eleven years ago to invest in a radio station, he decided instead to learn more about the business from the inside and began doing a local "ombudsman's show" in New Jersey. After a stint at New York City's WMCA, in 1981 he joined NBC's newly created Talknet, a nightly package of talk shows...
...Billiton, fresh from securing a 25-year supply contract, had sought to double its price via a rise in the freight rate it charges mills). Chinese officials say supply bottlenecks are to blame for the price hikes. Ambassador Fu has raised the issue with Australian officials. "There is strong investment in the minerals field, but not enough to meet demand," she says. "The price is rising faster than the (Chinese) side can cope with." But Australia's government won't be intervening. "China aspires to be recognized as a market economy," said trade minister Mark Vaile last week. "Well, hello...
...Columbia. A union could advocate on behalf of TFs to an unprecedented extent. Additionally, the university-wide common pay scales that the graduate student organizations are calling for would be a marked improvement over flat payment schemes that are currently used, which give TFs little incentive to improve or invest more time in their teaching. Unionization could also fix financial aid for graduate students, the terms of which in many instances require them to teach sections. No undergraduate should have to endure a section taught by someone who doesn’t even want to be there...