Word: owned
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Dates: during 2000-2009
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With SNL a breakout hit, Second City executives decided to develop a sketch-comedy series of their own, launching SCTV in 1976. In its early days, SCTV was aired only on Canadian television. The cast included standouts from the troupe's Toronto branch such as John Candy and Eugene Levy...
SCTV, says Alexander, began as a defensive response to SNL, under the assumption that other networks would follow NBC's lead, launching sketch-comedy shows of their own and draining Second City's talent. But by 1983, SCTV had won two Emmy Awards for outstanding writing (1982 and 1983) and...
Milton Hershey and his wife Catherine, who never had any children of their own, founded the school in 1909, originally to serve orphaned boys. In 1918, after his wife's death, Hershey gave his entire personal fortune, about $60 million, to the school, then known as the Hershey Industrial School...
Several of the historic food companies in the U.S., including Kellogg's and Campbell's Soup, have associated charitable trusts that own some stock, but none come close to rivaling Hershey in terms of the close financial entanglement of the company and the founder's philanthropic foundation.
Massive building projects funded by debt offerings was driving Dubai's economy, creating lot of opportunities for bankers. Many other banks followed Citi's lead. Citi reportedly built up a staff of 50 bankers in the area. But as things started to unravel Citi remained deeply invested in Dubai. In...