Word: multibillion
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Dates: during 1990-1999
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Like a teenager after a growth spurt, Nike is a multibillion-dollar monster finding its size awkward. Knight's challenge is to re-create the essence of the outfit he first operated out of the trunk of his car with his college track coach and a bunch of running geeks who would do anything to avoid a real job. But this won't be a jog in the park. Last week the company announced a restructuring that landed heavily on its sports center-cum-headquarters in Beaverton, Ore., where about 250 employees were laid off. "When you grow quickly," says...
Would increasing aid mean an enormous jump in tuition costs or an incredible drain on Harvard's multibillion-dollar endowment...
...Japan is in a race to reinvent itself. Unlike Korea, Thailand or Indonesia, whose recoveries depend humblingly on multibillion-dollar handouts from the IMF, Asia's first economic miracle baby has the wherewithal--financial and social--to do the job on its own. The world's biggest creditor nation has more than $11 trillion in household financial assets alone. Having gone through substantial reorganization in recent years, its top manufacturing companies can compete with the best of the rest...
...Europe and the U.S. are marketing a new generation of micro-power plants small enough to fit in your basement. Not only do they generate electricity, but their excess heat warms the house. These new-age power plants are based on tiny engines and produce electricity less expensively than multibillion-dollar coal and nuclear plants...
...statement issued two days earlier, DeBartolo, who had already abandoned the casino project, proclaimed his innocence and implied that he was stepping down from his post only until the charges were settled. His sister Denise DeBartolo York serves as ceo of the Edward J. DeBartolo Corp., a multibillion-dollar real estate empire founded in Youngstown, Ohio, by the pair's father. York immediately distanced herself from her brother's legal troubles and in a less than impassioned jump to his defense declared, "I hope everything works...