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22/11/2009 19:37 Sydney, Australia.
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22/11/2009 19:37 Sydney, Australia.
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LOS ANGELES - This summer's Land of the Lost was one of those epic Hollywood disasters that makes outsiders question why anyone is in the movie business. The concept seemed like a good idea: pair funnyman Will Ferrell with a cult kids show from the '70s and hilarity is bound to ensue.
These days everyone from mutual fund managers to pitchmen on late-night infomercials are touting the notion that gold is a great investment. That's not unusual for an asset whose price has jumped by about 25% since the beginning of the year. In fact, on a nominal--aka, pre-inflation adjusted--basis the yellow metal is, at around $1,100 an ounce, trading at its highest price ever.
In 2007, Anand Sanwal was managing a $50 million innovation fund for American Express. His job: to identify and incubate new business ideas--and that meant doing gobs of market research, much of it on small, closely held companies. One problem: Public information on private companies was scarce, and the data that did exist wasn't in much of a structured, useful format.
LOS ANGELES - Simon Cowell is more than just the meanest man in prime-time television, he's also the best paid.
The unemployment rate may be north of 10%, but pet-product makers are booming.
In 1961, when Joe Navarro was 8, the Bay of Pigs invasion happened six miles from his home in Cienfuegos, Cuba, and his family fled to Miami. The boy knew no English, so he relied on careful observation of his peers, neighbors and teachers to figure out how things were done in his new country.
You are starting a new company and need to find customers. An ad agency just presented you with a slick new campaign promising to do just that. Cost: $250,000. Good investment or bad?
He's been depicted as Darth Vader in the Russian press and described as "the scariest person on Earth." Igor Sechin's official title is deputy prime minister, but within Russia, many consider him the most powerful individual in the country after Vladimir Putin. (Yes--that means he's more influential than the president.)
Among the highest bishops of banking, Jamie Dimon sounds like a heretic. He insists that no financial institution is too big to fail--not even his giant JPMorgan Chase, the largest bank in the country by market capitalization ($168 billion). "It is bad public policy," says the 53-year-old Dimon. "It will have terrible consequences."
"I love power. But it is as an artist that I love it. I love it as a musician loves his violin, to draw out its sounds and chords and harmonies." --Napoleon Bonaparte
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