Word: profits
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...kidnappers that their criminal activity is often confused with the routine hostage taking by both sides in the Shi'ite-Sunni civil war. "Kidnapping for ransom is an industry," says Dan O'Shea, former coordinator of the U.S. embassy's Hostage Working Group. "It is governed by the profit motive, not religion or race or politics...
...price, but declined to comment on Ricke's performance. Still, Ricke doesn't appreciate the interference, and his relationship with Blackstone boss Stephen Schwarzman has chilled so much that Ricke refused to pay him a visit in New York last month when he was in town. After issuing a profit warning in August, though, Ricke presented the supervisory board with a plan to cut 67,000 jobs, boost revenues and make Telekom the most profitable European carrier by 2010. Clearly, he is getting the message...
...think comparing Harvard students to hard-knock cases from Brooklyn is like comparing apples and oranges, but many members of Harvard’s artistic elite face the same choice as the late Biggie Smalls. Facing the prospect of scraping by on an artist’s salary, non-profit or arts-related consulting can be an attractive—if unconventional—middle ground. THE HAPPY MEDIUM So far this year, 42 percent of all job applicants going through the Office of Career Services (OCS) at Harvard have applied to consulting firms, while financial services and investment banking...
...Anne Roe Award from the Graduate School of Education (GSE) last night. President of the International Center for Research on Women (ICRW) Geeta Rao Gupta won the award, which is given to an individual who has contributed significantly to women’s professional growth. ICRW is a non-profit organization that focuses on women in developing and transition countries. GSE Dean Kathleen McCartney presented the biennial prize to Gupta in front of a crowd of around 100. Gupta also discussed her work in a lecture entitled, “Unlocking the Power of Women: Is Education...
...Ibrahim wants to be part of that fraternity. He's a successful London-based entrepreneur whose fortune rests on bringing cell phones to Africa. He sold his company in 2005 with a personal profit of $640 million. Now he's putting $100 million into a foundation that among other things will fund a new annual prize, the richest in the world: the winner gets $5 million spread over 10 years, then $200,000 per year after that for life, plus another $200,000 per year to direct to any cause he or she wants. Who's eligible? A very select...