Word: one-third
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ANGELINA JOLIE, actress, on why she gives one-third of her earnings to charity...
...billion, its high-tech robots and monstrous steel-pressing machines will churn out 300,000 Accent sedans and other vehicles this year, at world-class quality levels. Hyundai has been shifting production of its smallest cars to India to take advantage of low costs, thereby keeping the business profitable. One-third of its cars produced in India are exported to Germany, Peru, South Africa and elsewhere. Opened in 1998, the plant was operating long before Hyundai opened factories in China or the U.S. and the South Korean carmaker is already building a second, $1 billion facility next door...
...used to give artists tour support, then recoup it from their record sales," says David Munns, vice chairman of EMI Music. "It was all done in the name of promotion." Things are changing. The Kaiser Chiefs' manager, James Sandom, for example, predicts the band will make at least one-third of its revenue in the year ahead from live shows. "Increasingly, as you are selling less records for less money with more advertising, the acts don't see a lot from record sales," he says. "The artists need to benefit somewhere." But labels, too, want a piece of the live...
...even use them. The average American will leave four vacation days on the table this year, which adds up to a whopping 574 million days of untaken vacation, collectively. Our relationship to relaxation seems contradictory. We spend more money than anyone else in the world on leisure--fully one-third of our income--and yet we are simultaneously No. 1 in the world at not taking vacations...
...cities like Bombay, where million-dollar apartments overlook million-population slums. For all its glitz, Bombay remains a temple to inefficiency. In 2003 it had one bus for every 1,300 people, two public parking spots for every 1,000 cars, 17 public toilets for every million people and one civic hospital for 7.2 million people in the northern slums, according to a report for the state government by McKinsey & Co. At least one-third of the population lacks clean drinking water, and 2 million do not have access to a toilet...