Word: ores
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JAVIER C. HERNANDEZ ’08 of Eugene, Ore. and Cabot House...
...work may lack Broadway sheen, but can be imaginative and daring. "My predecessor at TIME, Ted Kalem, used to say, 'When I go to a theater in Cleveland, they don't ask what's happening in Detroit.' Well, times have changed, and now when I go to Ashland, Ore., they do ask me what's happening in San Diego...
Hong Kong's trading companies have moved beyond consumer goods. Noble Group, founded in 1987 in Hong Kong by a former steel trader named Richard Elman, sources commodities ranging from soybeans to petrochemicals to aluminum. A Chinese steel mill searching for a reliable supply of iron ore can hire Noble to find it, deliver the ore and then market the steel made from it. For some products, Noble controls the entire supply chain--for example, it grows oilseeds in Argentina, stores them in Noble-owned warehouses, ships them to China from Noble-controlled Argentine ports, processes and refines them...
Then how about free? It worked for Yahoo! and Google. Companies like MetroFi, which is committed to 13 cities, including Portland, Ore., are betting that complimentary, ad-supported access will attract enough users to turn a profit. San Francisco made a splash when EarthLink partnered with Internet ad king Google for gratis services, but they're still debating what will be free, and this model is far from proven. "Relying solely on ads is a misplaced dream to fund a multimillion-dollar network," says Craig Settles, author of Fighting the Good Fight for Municipal Wireless. MobilePro Corp. pulled...
...anachronistic now. Even Adam Smith said that when men of the same trade meet they conspire against the public. Friedman's thinking provides a rationalization for government to turn business loose and empower it to monopolize the market, exploit the consumer and pollute the environment. HARRY L. COOK Ashland, Ore...