Word: joint
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Dates: during 2000-2009
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Foreign firms too are vulnerable. Russian tax authorities recently slapped BP's joint oil venture in Russia, TNK-BP, with a $1 billion back-tax bill for 2001. The move has caused dismay at BP in London and prompted chief executive John Browne to visit Moscow last month, where he met with Putin. The Russian leader reassured Browne, "We were not mistaken when we supported your decision two years ago" and praised the company for being "a good corporate citizen." Meanwhile, the Japanese tobacco company JTI, which makes Winston and Camel brands at a $400 million state...
Underscoring the new urgency to shift to e-health was the joint press conference held in Washington last week by Senators Hillary Clinton and Bill Frist, two potential presidential candidates who otherwise rarely get near enough to pass a communicable disease. They've got together, however, to introduce legislation that would provide seed money for local health networks and eliminate the biggest hurdle to beaming medical records to where they are needed: the lack of interoperability among the myriad systems now in use. Medical record keeping in the U.S. is in the "Dark Ages," Clinton complained. "We need to have...
Perhaps most surprising: in China's hotly contested emerging car market, Hyundai's operation sold more cars than any other foreign joint venture in the first quarter, according to Singapore's AutoAsia, an automotive data company. In fact, with a compounded annual revenue growth of 20% over the past five years, Hyundai has been the world's fastest-growing major automaker since 1999, according to Lehman Bros. Hyundai is "putting pressure on everybody," says Rob Hinchliffe, an auto analyst at UBS. Even Toyota vice chairman Fujio Cho last year acknowledged the blur that is getting bigger in his rearview mirror...
...Oprah acrobatics. Her Scientology dabbling. Their dueling summer films. After a two-month courtship with all the requisite A-lister ups and downs, TOM CRUISE, 42, proposed to Batman Begins starlet KATIE HOLMES, 26. To make it official, they held a joint press conference, which fortified romantics and skeptics alike. "It was early this morning at the Eiffel Tower, so I haven't slept at all," said Cruise, who has deflected speculation that the relationship is a publicity stunt. The future Mrs. Cruise the Third, who had posters of her fiancé on her wall as a girl, simply blushed...
Hundreds more equally promising samples are being fed into the sequencers at JGI, at the J. Craig Venter Institute Joint Technology Center in Rockville, Md., and at other labs around the world. Venter's take from the Sargasso Sea was impressive enough on its own, but he is taking a new ocean sample every 200 miles or so as he circumnavigates the globe. Some 85% of the gene sequences he hauls up are unique to that site, suggesting that each 200-mile stretch of ocean represents a vastly different ecosystem. And that's just from scratching the surface, says...