Word: stakes
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Forgach's signature deal--the result of one of his jungle-scouting expeditions--was the 1999 purchase of a $1.5 million majority stake in Muana Alimentos, located on the remote Amazon island of Marajo. Muana cultivates acaizeiro palms and packages and sells the palms' hearts (prized for gourmet salads) and their purple acai fruit (used in Howler's organic Rainforest Sorbet). In an industry in which exploitation of the environment and workers is the norm, Muana stood out by refusing to employ children. It paid its workers and suppliers at least 28% above the $78-a-month minimum wage...
...boss at the Chinese Academy of Sciences to go xia hai--literally, "jump into the sea"--abandon research and launch a computer company. Last month that company, Legend Holdings, partnered with AOL Time Warner (parent of TIME) to expand Internet service in China. With Legend granted a 51% stake in the venture, Liu, 56, appears poised to lead the opening of a massive Net market...
...testimony, Clark paraded the same agreeable cool that had pacified so many South Philly punks. He admitted that he had made some nice returns on his investments: a $125 stake in Jamie Records earned him a profit of $11,900. He acknowledged that he owned a startling 27% investment in records he had played on "Bandstand." He didn't say any of this was kosher; he just said it wasn't against the law. As he noted later in "Rock, Roll & Remember," his autobiography: "A record company could give a disc jockey $100,000, a list of records with...
...Republicans, there are big bucks at stake: You?ve got a fund-raiser in the White House who?s even better at raising money than Bill Clinton was. So if these restrictions go through, you?re slamming the door on a whole lot of cash...
...daily life, that gym-rat pressure is even more intense: our jobs, our marriages, our lives are at stake. Says McCall: "We know that a high percentage of the maladies that people suffer from have at least some component of stress in them, if they're not overtly caused by stress. Stress causes a rise of blood pressure, the release of catecholamines (neurotransmitters and hormones that regulate many of the body's metabolic processes). We know that when catecholamine levels are high, there tends to be more platelet aggregation, which makes a heart attack more likely." So instead...