Word: profits
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...even a dynamo like Ghosn, successfully run two carmakers? He could keep his hands full with Renault alone. Like other European carmakers, Renault is grappling with high labor costs, slim profit margins and surging competition on its home turf from Toyota. Yet Ghosn, characteristically, has set ambitious goals for Renault, aiming to add new models, lift profit margins to 6% in 2009, from 2.5% today, and sell an additional 800,000 cars a year. "Everybody knows what I mean by commitment," he says, "and I'm very serious about that...
...with the new "superrich"--hedge-fund managers, CEOs, YouTube founders and the like.* The gap between a seven-figure income and a nine-figure income is certainly a glaring one, yet society forces such families to share gated communities, country clubs and private-school auctions. What does it profit a man to have a showy house if his neighbor has an even showier one? In a kingdom of billionaires, can a millionaire still land a passable trophy wife and buy her a spot on the board of a prestigious charity? Following in the footsteps of Depression-era photographers Walker Evans...
Representatives from both Charlesview Inc.—a faith-based non-profit organization—and the University said that yesterday’s board vote is a vital initial step in completing the land swap...
...slow down for facts: En route to an accident-free utopia, who cares if our civil rights are run over. Many states already penalize drivers arrested for—not convicted of—drunk driving by revoking their license, and Los Angeles makes a tidy profit by seizing their cars as well. Washington, meanwhile, tells juries in DUI cases to “assume the truth of the prosecution’s...evidence” and make their decision “in a light most favorable to the prosecution,” according to The Seattle Times. What...
...voter, I am a poker player and I am mad,” opens a letter to Congress from Poker Players Alliance, a non-profit organization...