Word: tiere
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...three-tier plan charges three possible prices for medications—the lowest price for generic drugs, the middle price for drugs that are low in cost or are preferred by the insurance company, and the highest price for expensive drugs or for drugs that the company does not prefer...
...from his 25 years at investment firm Donaldson, Lufkin & Jenrette. Blackstone is a powerhouse, with $14 billion raised for private-equity investment, including a recent move into the pub division of British beermaker Scottish & Newcastle. It has also raised $4 billion for real estate investment and claims a top-tier restructuring advisory group that counts Enron and Xerox among its clients. As Blackstone tries to achieve its next goals--expanding in Europe, beefing up its mergers-and-acquisitions practice and adding new businesses--it will need the guiding hand of a manager like James. Some believe that James, whose average...
Most baseball-mad kids don't end up playing in the major leagues, but Agassi's prodigious talent wouldn't quit. He started four companies in his 20s and sold one, Top Tier, to SAP for $400 million. He ran a subsidiary, SAP Portals, and developed XApps--new software designed to work with existing systems. In February SAP made Agassi the first non-German member of its board, and he replaced SAP founder Hasso Plattner in the top technologist role...
...Egypt is a good illustration of President Bush's point that the absence of channels for democratic political participation in Arab states has helped foster terrorism, which has eventually been exported. Osama Bin Laden may be Saudi, but most of the top-tier al-Qaeda leadership at the time of 9/11 were veterans of Egyptian Islamic Jihad, a militant offshoot of the Muslim Brotherhood that turned to terrorism in response to the Sadat regime's peace treaty with Israel, and found hundreds of willing recruits in Egypt's middle class and in its officer corps. The Brotherhood, of course...
...into major U.S. cities was partly inspired by another cultish brand. Kiehl's, the iconic New York City pharmacy founded in 1851, waited 150 years to open its second store. Soon after being bought by L'Oreal in 2000, the company, whose products were already widely available in top-tier department stores, set up a stand-alone boutique in San Francisco. Kiehl's has since moved into a handful of other U.S. cities, but don't look for it in your local mall anytime soon. Likewise, by the end of next year, Lush plans to open an additional 100 stores...