Word: petered
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...maker of a "relaxation beverage" called Drank, there's strong demand for the anti-Red Bull too. The company's revenues, though small, were up 198% in 2008, to $2.2 million, and it turned a $172,000 profit last year, compared with a $320,000 loss in 2007. Peter Bianchi, founder and CEO of Innovative Beverage, says first quarter '09 revenues, fueled by Drank's success, are up 534% year over year. During the past few months, the company has signed a slew of distribution deals in places like Atlanta, St. Louis, Mo., and Grand Rapids, Mich...
...especially in places like the town of Eisenach, where a new auto industry has been built up over the past few years - the latest downturn is biting, though local officials stress that at least their position is better now than it was. "We're certainly in a crisis," says Peter Haimann, president of Halle's Chamber of Commerce and Industry, "but we also have much more flexibility to face...
...virus emerges; if a dangerous disease is discovered as soon as it crosses from animals to people, quick action can contain it--but only if we're looking. "Tens of millions for surveillance could save us the hundreds of billions it would cost to deal with a pandemic," says Peter Daszak, president of the Wildlife Trust. "An ounce of prevention really is worth a pound of cure...
...Maestro's ease of use is certainly a selling point, the new stopper's real advantage over cork closures is as a solution to TCA (2,4,6-trichloroanisole), the molecule that when present in cork is responsible for wine taint. "TCA is the great scourge of wine," says Peter Liem, the Épernay-based founder of champagneguide.net. "The problem is grave enough that it's becoming necessary to find either a solution to TCA in cork or an alternate closure...
...need to think globally about asset allocation and investment alternatives.” University spokesman John D. Longbrake declined to comment on whether the increasing emphasis on emerging and foreign equity in the most recent SEC filings is indicative of a broader portfolio reallocation.—Staff writer Peter F. Zhu can be reached at pzhu@fas.harvard.edu...