Word: millions
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Dates: during 2000-2009
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...antitax group, who is supporting one of Whitman's opponents. It takes a vast amount of money to be competitive in California, but the road to Sacramento is littered with the bodies of failed parvenus: Michael Huffington, the former Republican Congressman and ex-husband of Arianna, blew $28 million on a failed Senate bid in 1994; Al Checchi, a former co-chairman of Northwest Airlines, spent $40 million losing to Gray Davis in the Democratic gubernatorial primary in 1998; and the businessman Bill Simon, who campaigned unsuccessfully against Davis in 2002. All of them were seen as overconfident and underprepared...
Lately, Whitman's wealth hasn't been as controversial as the way she is spending it. So far, she has injected $19 million of her money into a campaign that could end up costing $50 million or more. (She has raised more than $7 million.) She has alarmed longtime GOP hands in the state by burning through her funds at a frightening pace, spending hundreds of thousands of dollars monthly on strategic advisers, pollsters, fundraising experts and a social-networking start-up called Tokoni, founded by former eBay and Skype executives, which is managing her online presence...
...estimated 13 million cruisers set sail in 2008, and the Cruise Lines International Association says cruising has grown worldwide 7% on average each year for the past 20 years. But industry executives believe the market is underpenetrated--if so, it must be one of the few markets left that is--with only 20% of Americans having ever taken a cruise. Robin Farley, an analyst at UBS, says only 5% of vacationers opt for cruises each year, "just larger than the number of people who go to Branson...
Your ticket accounts for more than 70% of revenue--Royal Caribbean had sales of $6.5 billion last year, with $574 million in earnings--and ancillary charges, easily paid with a swipe of your onboard ID, made up about a quarter of those revenues. In the past 10 years, the ships have added acupuncture, personal trainers, spinning classes and premium restaurants. One line even offers Botox treatments. The bigger the boat, the more opportunities, which is why Kochneff, for one, expects cruise companies to introduce more sea monsters like Oasis...
President Obama has proposed new stimulus packages for working Americans and aims to create five million new jobs. While everyone seems to be tightening their belts on spending this holiday, you won’t break the bank by similarly helping someone with their business. According to the World Bank, nearly one and a half billion people survive on less than $1.25 a day. Whether it be helping a basket-weaver in Ecuador or a sheep-herder in Kazakhstan, the organization Kiva.org allows you to play banker by investing small amounts of money in someone’s start...