Word: riskier
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Suzuki is exactly the type of customer the chain, based in Seattle, is counting on as it makes bolder--and potentially riskier--moves to add more music to its mix of high-margin macchiato and muffin sales. Besides hawking regular CDs and allying with XM Satellite Radio and other ventures, Starbucks has begun installing "media bars" in cafés in which customers can download songs and burn customized discs. So far, 45 stores in Seattle and Austin, Texas, have the units, and Starbucks plans to announce more by year's end. "[Music] is a big component of our overall strategy...
...interpreter for TIME, and bureau assistant Talal Abu Karam, 50, were driving to an assignment when they found themselves sandwiched between two U.S. military patrols at a busy intersection in the western district of al-Qadisiyah. Both men knew immediately that their risky commute had suddenly become a lot riskier. Military patrols are frequently attacked by insurgent groups, and passing civilian vehicles often end up as collateral damage. As Abu Karam stopped to let the second patrol pass, Salah said, "This is not good...
...North Korea, remain the most viable way to rein in Kim. "It's better to have more than one voice sending the same message," he said last week. But evidence is mounting that the talks may be stalemated, perhaps permanently, leaving the U.S. and its negotiating partners to ponder riskier alternatives. After meeting with Chinese officials, Hill told the press, "The future of the talks is very much uncertain," and there are signs that Beijing is losing heart, too. Diplomats in Beijing say China's President Hu Jintao has postponed a visit to Pyongyang planned for this month because...
...most voguish are Indian mid-cap funds, which bet on riskier companies that may one day grow up to be blue chips. In November and December alone, the CNX mid-cap index jumped 28%. Returns like those make life worth living, but gravity has a way of bringing things back to earth. When I met him in Bombay, Nilesh Shah, head of equity strategy at Kotak Securities, seemed pleased but perplexed by the performance of his team's fledgling mid-cap fund, targeted at foreigners willing to pony up $100,000. Six months after its launch last August, he marveled...
...financial firms create whatever products are suddenly in demand. Today, that means a new generation of India-focused mutual funds and hedge funds, often with wonderfully alluring names like (my favorite) the Monsoon India Inflection Fund. The most voguish vehicles of all are mid-cap funds that bet on riskier Indian companies that may one day grow up to be blue chips. In November and December alone, the CNX mid-cap index jumped 28%. Nilesh Shah, head of equity strategy at Kotak Securities in Bombay, says his team's fledgling mid-cap fund, targeted at foreigners willing to pony...