Word: sprees
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...Since Ratan Tata became chairman in 1991, he has multiplied Tata group revenues seven times to an annual $21.7 billion. Since 2000, the group's market value has jumped 14 times to $39.9 billion. And over the past six years Tata has been on a $1.9 billion acquisition spree that has netted Britain's Tetley Tea, South Korea's Daewoo Commercial Vehicles, Singapore's NatSteel and New York's The Pierre hotel, among 14 others. "Nothing succeeds like success," says Sanjay Bhandarkar, managing director of N.M. Rothschild in India. "All credit goes to Ratan Tata. He clearly has a vision...
...Spain's phenomenal building spree is not merely froth. It is grounded in a number of demographic realities: Spain had its baby boom relatively late, from 1965 to 1975, says José Antonio Herce, chief economist of Grupo Analistas, a private consulting firm in Madrid. He attributes the flourishing real estate market in recent years in large part to that population joining the housing market. "We also discovered divorce, which has contributed to a big jump in the number of households," says Herce. "And we've seen the arrival in the last five years alone of some...
...high school freshman in Massachusetts threatened classmates online. A 14-year-old in Georgia said he would blow up the White House. Two 17-year-olds went on a pyromaniacal spree in Washington, setting fire to stores, a bowling alley and a bus. Police have arrested all four in the past month--with the help of the teens themselves, who confessed the crimes openly on their pages at MySpace.com...
...cursed province in the Democratic Republic of Congo (formerly Zaďre), Mukeya Ulumba, 28, recounts the epic losses she has suffered in recent months. Several of her relatives and neighbors were killed when antigovernment rebels stormed their village last November, moving from house to house in a murder spree that lasted for hours. Ulumba and her husband managed to flee with their four children, leaving behind their life's possessions, a ravaged community of torched houses and the bloodied corpses of family members and friends. Now Ulumba is struggling to save another life: that of her 6-month...
...change will create a “school within a school,” which would remain part of FAS. Undergraduates would retain their affiliation with Harvard College. Indeed, the change’s ramifications appear to be minor, yet positive—except for the promised faculty-hiring spree (which is arguably long overdue anyway), the biggest change seems to be cosmetic. A school is a whole lot easier to sell than a division. Harvard seems to be taking the bait.Nonetheless, new money and fresh blood will doubtless improve Harvard’s engineering and applied science programs...