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Dates: during 2000-2009
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...pockets of executives and outside investors, a company's profits are distributed in a precise, democratic way; set aside as seed money for new cooperatives; distributed to regional nonprofits; or pooled into shared institutions like the university and research center. In other words, each individual cooperative gains long-term benefits from the financial assets of the whole. (How this would play out in the context of U.S. tax rules remains to be seen.) In Cleveland, the Evergreen Cooperative Development Fund, managed by ShoreBank Enterprise Cleveland, provides low-interest, long-term financing. In the future, a financial institution more aligned with...
Take a longer-term view and success is a little trickier. That's why TIME asked investment-tracker Morningstar to pull together a list of the best-performing stocks over the past decade. On the eve of 2010, we figured it was time to take a look back and see which companies most thrived during the aughts. If a company can maintain its momentum over 10 years, maybe there's something to be learned. (See the best business deals...
Insurance companies have a very technical term for this proportion - "medical loss ratio" (MLR) - and critics say the terminology itself illustrates the callousness of the health insurance business. Companies that sell coverage consider revenues that go to pay for medical costs "losses,"; minimizing these losses by dropping sick customers and cherry-picking healthy ones is one way insurers currently stay profitable. But thanks to a provision inserted into the Senate health care bill at the last minute, the federal government may soon require insurers to "lose" 80% of premiums collected in the large group market and 85% in the individual...
When Dr. George Tiller, the U.S.'s best-known provider of late-term abortions, was shot in the head on the morning of May 31 while serving as an usher at his Lutheran church in Wichita, Kans., both sides of the abortion debate braced for battle. Supporters called him a martyr; critics called him a murderer. Both groups deplored his killing: abortion-rights activists warned that it could signal a fresh wave of clinic violence; abortion opponents warned that it would lead to the demonizing of their movement...
...Analysts are not so sure. "People are furious right now, but I'd be very surprised if this had any significant impact on Eurostar's position in the longer term," says Joe Gill, an aviation industry analyst for the Dublin brokerage firm Bloxham. He notes that airlines aren't exactly popular with travelers these days either. Indeed, only days ago, a planned strike by cabin crew at British Airways threatened to leave up to 1 million passengers stranded during the entire holiday season - until a judge blocked the industrial action. "Had this been a terrible crash or something, it might...