Word: topness
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Dates: during 2000-2009
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...throw in the towel in a market with 1.3 billion potential customers. After more than a decade of negotiations, Disney has received clearance to build its second Disneyland in China, this one in Shanghai. The company announced on Tuesday that China's top planning agency had approved plans to build the new theme park, which will join the existing parks in Anaheim, Calif.; Orlando, Fla., Tokyo, Paris and Hong Kong. (See a brief history of Disney teen stars...
...Further expansion in Asia may be a good bet. Last year, roughly a quarter of Disney's revenue came from overseas operations. Asia contributed just 5%, but leisure-industry experts are bullish about the region's potential. Last year, eight of the world's top 20 amusement parks (by number of visitors) were in Asia, according to a report by Themed Entertainment Association, based in Burbank, Calif. The buzz in Shanghai is already tangible. "Chinese consumers have a lot of love for Disney," says Rein. "They're more excited about Disneyland than the Expo...
...dream. A recent report from the Treasury Department's inspector general identified 167 suspected cases of fraud and was looking into more than 100,000 potential civil violations related to the tax credit. In one case, a 4-year-old child was able to claim the credit. (See the top 10 tax dodgers...
...followed Chrysler into bankruptcy, reported modest sales increases during what was the best month for new cars sales in more than year. "The industry showed signs of improvement this month, which is a trend we expect to continue for the remainder of the year," said Fred Diaz, the top executive in Chrysler Sales Organization, as he scrambled to put a good face on his company's collapsing sales. (See pictures of American muscle cars in movies...
...pets don't normally get sick with the regular human flu. "There has never been a report of human seasonal influenza affecting cats or dogs," says Dr. Julie Levy, director of Maddie's Shelter Medicine Program at the College of Veterinary Medicine of the University of Florida. See the top five swine...