Word: owners
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...helping to develop, while Hay put $20,000 into a mutual fund that invested in Russian equities. Hay, it is claimed, also gave a $66,000 check to Shleifer for Russian investments. The woman Hay is now married to, his girlfriend at the time, was the primary owner of the Pallada Mutual Fund Management Company—the first fund registered to sell to the Russian public. Through HIID, Hay oversaw such registrations. None of these transactions, the US says, were disclosed to USAID...
Collette Morgan, owner of the children's bookstore Wild Rumpus Books in Minneapolis, Minn., says the website helped increase her sales 10% last year. But she generates plenty of her own buzz. When she opened a decade ago, she was fresh from a general-interest indie that died after a Barnes & Noble moved in across the street. Morgan decided to make her store "something a corporate mind would never dream up and that a large company could never sustain...
...complementary effect may be even more robust in the coffee trade. After Starbucks proved that plenty of customers will pay $4 for a soy-caramel machiatto, many local shops profited from selling equally fancy fare. Michael Thomas, co-owner of the Unicorn Cafe in Evanston, Ill., says that after a Starbucks opened across the street from his place in 1992, the increased customer traffic in the neighborhood helped him post his best year ever; his yearly revenues are up 40% since then. "We always felt guilty about raising prices," he says, "but Starbucks helps us do that from time...
Many indies have also exploited the Starbucks backlash. Mike Sheldrake, owner of Polly's Gourmet Coffee in Long Beach, Calif., was losing money before he reformatted with an anti-corporate feel, highlighting his giant antique coffee roaster and telling baristas to remember regular customers' names. He has been profitable ever since. "It's as close to a hometown watering hole as you can get," says client Howard Homan, a retired civil servant...
...that UNICCO will lose its contract to clean the State House if it does not meet the janitors’ demands. Earlier in the strike, the California Public Employees’ pension fund decided to terminate UNICCO’s contract in a Boston building which it is part-owner, and it is considering doing the same in two Washington buildings where it is majority owner...