Word: profitting
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...factories disguise the contents of containers with foodstuffs or other consumer products like lingerie. For those brave enough to risk it, it's a spectacular investment, with as much as a 1,000% return--better than drug trafficking. A 40-ft. container filled with fake bags can turn a profit of $2 million to $4 million. And counterfeiters save the roughly 50% of that revenue that luxury houses would invest in innovation and marketing...
...expected in a couple of weeks. But Google founders Larry Page and Sergey Brin seem determined to spoil the party. Last week the company gave an unusually bullish official estimate of its opening share price: $108 to $135 per share, or more than 150 times annual profit per share. Historically, most large companies average about one-seventh of that. Google watchers were split on the reason. Either Page and Brin intend to be valued as highly...
...longtime rival Yahoo, or they're trying to scare away one-day profiteers. "Either way," says Mark Mahaney, analyst for American Technology Research, "this is a real case of buyer beware." Not that there's much up for grabs. Only 9% of Google shares are being made available, and each of those will have one-tenth the voting rights of a share owned by Page or Brin, who are set to earn a one-day profit of up to $130 million each, and become billionaires - at least on paper. Who says the days of dotcom wealth are dead? Much...
...south or Beirut’s southern suburbs. A week before I arrived in Lebanon at the beginning of June, riots broke out in those same suburbs over a new law that prohibited the less expensive diesel fuel in vehicles that carried fewer than 20 passengers. Seeing their profit margins slashed because of outrageous gas prices, drivers and their supporters protested in the streets. The protest then became about something bigger than gasoline: People protested the lack of jobs, the intermittent government services and the poor economy. The Lebanese Army opened fire on the crowd after a protester shot...
Following a number of “attacks on freedom of speech and artistic expression,” members of the recording industry founded RTV in 1990, according to the official website. The nonpartisan, non-profit organization launched its five-month bus tour this June to take its message of civic engagement across the nation...