Word: knighting
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Dates: during 2000-2009
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...DARK KNIGHT...
...true to your school if your school thinks you're an evil, capitalistic overlord? PHIL KNIGHT believes not. The Nike chairman last week announced that he will make no further personal donations to his alma mater, the University of Oregon, after the school joined the Workers' Rights Consortium, a labor-rights organization that has been critical of working conditions in Nike's overseas factories. Knight, who's given $50 million to the school, said in a statement, "The bonds of trust [that] allow me to give at a high level have been shredded." Apparently, so have plans...
...past few weeks, the Nike motto appears to have changed from "Just do it!" to "Just do it our way, or else!" In a disturbing display of industrial and financial power, Nike Chair Phil Knight recently reneged on a promised $30 million donation to the University of Oregon, and the company cancelled a multi-year, multi-million dollar apparel contract with the University of Michigan. The reason: both schools are affiliated with the human rights monitoring group the Workers Rights Consortium (WRC). Nike, a member of the Fair Labor Association (FLA)--a monitoring group backed by the government, several apparel...
...made it safely to the U.S. When TIME shows his parents pictures of Canting standing outside his restaurant and sitting in a car, the mother rushes off to show all her neighbors, as proud as American parents displaying college graduation photos of their children. Like the knight who slayed the dragon, Chen Canting overcame the dangers challenging him, risking death on the high seas, imprisonment in four countries and abandonment in a nation where he knew nothing of the language or the culture. He broke the law and remains an illegal immigrant, which still poses a problem...
...raider, the partners brought in self-made French billionaire Francois Pinault, the owner of Christie's auction house and part owner of Converse shoes, who used a controversial clause in Gucci's bylaws to purchase a 42% stake in the firm for $2.9 billion. Arnault insists Gucci's white-knight strategy was illegal, and the battle for the company is still wending through Dutch courts. (Gucci is incorporated in the Netherlands...