Word: payment
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...machines worldwide. They'll also likely sell wi-fi access and tickets - for everything from airline seats to events. And machine-dispensed downloads of music videos and TV shows is also a future possibility. Since teenagers will make up a big part of the market, the Coke machines' main payment method is cash (though they accept credit cards). Vodafone's kiosks, however, also accept chip-and-pin debit cards, which is crucial given the handsets retail for a bit more than pocket change, between $55 to $150. Vodafone's goal is simple: it makes no money from selling phones...
...protect against that worst-case outcome. By accepting a lower monthly sum, you get an annuity that guarantees payment to your estate--say, $665 a month for 10 years or $603 for 20 years, in the example above. You can and should buy an income annuity that also builds in inflation increases and continues until the death of a surviving spouse...
History says that when too much money chases the same asset class, things end badly. As the bids go higher and the deals get thinner, private companies carry ever greater debt. Four years ago, 41% of the payment for the average buyout came from equity and the rest from debt. Today the average equity level is down to 35%, according to S&P. That is still a far cry from the 7% equity levels of the original buyout craze, but the trend is nonetheless an indicator that the industry is starting to overheat. "That often happens toward...
...immediately contacted Coke, which called the FBI. On June 16, an undercover agent met Dirk--actually Dimson--at Atlanta's Hartsfield-Jackson Airport. Dimson handed over some documents and the beverage sample. The agent gave Dimson $30,000 in cash, stuffed in a Girl Scout cookie box--a down payment. After the items were authenticated, the agent agreed to meet Dimson last week to buy more secrets for $1.5 million. That's when he and his co-conspirators were arrested...
...Last year, Harvard agreed to pay $26.5 million to settle the suit, in addition to a $2 million payment by Shleifer himself, who has denied any wrongdoing. Shleifer reportedly mortgaged his own house in order to pay a portion of the settlement...