Word: foundered
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Dates: during 2000-2009
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...response by government to the threat of global warming has been underwhelming so far, a fact that remains little changed despite the political agreement negotiated at the U.N. summit in Copenhagen in December. But at least one business leader, the British billionaire and founder of the Virgin Group Richard Branson, says he has heard the alarm from scientists and environmentalists about climate change, and believes that the world must not waste time shifting away from oil and other fossil fuels. (See the Copenhagen climate conference...
Indeed, one of the jihadi commanders reportedly killed in the pre-Christmas raids in Yemen was al-Qaeda in the Arabian Peninsula founder Naser. But though that head may have been cut off, the claim of responsibility made it clear that the voice and the ambitions of al-Qaeda in Yemen have...
...Rosenthal, founder of Power to the Pixel, an organization that devises new models of film distribution, says the reason many indie directors are turning to the web is that it allows them to better engage with their audiences. "The whole film business has no connection with their audience," she says. "And with any business you have to know your consumer. The Internet has become a free distribution machine, so what can you sell that makes money? Things you can't copy. They need to be things that are based around your audience. Directors cuts, merchandise, 35mm prints of your film...
...generated a whopping 1,560.65% return. Profits rose 38% in the third quarter, and sales in company owned stores rose almost 7% during the first 27 days of the third quarter (sales in franchise stores rose 6.3%). "For us, the recession has been the best of times," says Panera founder, chairman and CEO Ron Shaich. In an environment where even McDonald's, once a recession superstar, is reporting negative same-store sales (down 0.6% in November), Panera's continued growth stands out. "I've never seem restaurants this competitive," says Bob Derrington, an analyst at Morgan Keegan...
...most impoverished countries in the world. Here, a boom year is any one in which we manage to avoid a famine that kills thousands. But you have to understand, what I value most is control. That's what my father, our country's heroic founder, the Great Leader Kim il-Sung, desired; it's what I desire; and I've pretty much bet the family jewels that my 26-year-old son, Kim Jong-Un, will want the same thing when he takes over in a few years. Absolute, total control over pretty much everything...