Word: monthlies
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Dates: during 1990-1999
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...that have helped promote democracy and capitalism around the world. If the U.S. can do business with erstwhile enemies like China and Russia, they argue, why not with Cuba? "This embargo hasn't helped us move the ball," U.S. Chamber of Commerce president Thomas Donohue said last month. "We have carried this anger...
...emerging market the way molasses is a river: the socialist bureaucracy is maddening; the military, headed by Castro's brother Raul, plays an inordinate role in business affairs; and some 85% of the wages that foreign companies pay impoverished Cuban workers (who make an average $15 a month) ends up in government coffers. Cuba's post-Soviet economy has made a comeback since it crashed in 1993, but the country has garnered less than $3 billion in foreign investment in the '90s--largely because Castro remains ideologically opposed to opening more widely to private capital. "So far, he's invited...
...matters, and today nobody owns more real estate on the Internet than Son. His holding company, Softbank, based in Tokyo, has a stake in more e-businesses in more countries than any other cyberprospector out there. Yahoo? Softbank is the largest single investor, with 23%. PeoplePC, the $24.95-a-month service that gives you a free computer and online access, is a Softbank-affiliated company. So is online grocer Webvan, whose initial public offering three weeks ago soared 66% on Day One. So too is Global Sports, which just launched shopping sites for Athlete's Foot and a host...
Since then, it is as if Son & Co. trained a fire hose on Silicon Valley and pumped in a steady stream of cash. President Gary Rieschel figures that in 1996, with Softbank Technology Ventures still an unknown in the valley, it invested $200 million in 55 companies in four months-- although "investing" hardly describes the act of writing checks as fast as you can. Last month Softbank opened Hotbank, an incubator for start-ups. There has been no need to advertise. Each week hundreds of applications pour into Hotbank; out come announcements of new Softbank allies: PeoplePC, Webvan, Global Sports...
...mentoring and earlier intervention for troubled children. It may seem silly to go after a kid whose only crime is manicuring during school hours. But how do you know whom to treat sympathetically at a time when 11-year-olds commit murder? (Now 13, Nathaniel Abraham was convicted last month in Michigan of shooting a stranger in the head.) And how do you decide which kids are just morose and creative--and which ones are plotting to kill...