Word: stakes
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...About a year ago Branson even had to fight off bankers who wanted to close his Our Price high street shops, which are being retooled into mobile phone and CD stores. Bower's book suggests that Branson had to sell his Virgin Atlantic stake to pay his debts and save Our Price. Branson counters: "We could have kept it afloat through the general funds of Virgin...
...European steelmakers started swallowing each other soon after Europe began unifying. Both Usinor and Arbed were in the running to acquire Belgian steelmaker Cockerill Sambre when the Belgian government sold most of its stake in 1998. Arbed instead bought 35% of Aceralia, leaving Usinor and Germany's Thyssen-Krupp in the running for Cockerill. When the Germans pulled out, Usinor got Cockerill's mills by default. Now those same mills are part of the new company-the most expendable part. No surprise then that workers there greeted the merger announcement with a one-day walkout...
These facts point to a trend that dramatically affects the nation, and college students in particular. We have a stake in this dialogue, and, if we don't believe so, we need only look at our own community. After homes and roads, colleges were the most likely venue for hate-motivated violence. Sure enough, Harvard students returned to school this fall to be greeted by a pair of hate-motivated incidents within 72 hours of each other. This problem touches all of our lives...
Those who really have something at stake are small-business owners and career savers who manage to put away $2 million to $5 million and would like to leave it to their children. These millionaires account for half of all who pay the estate tax, and, believe me, they aren't signing any petition...
...leading PSA, known as Sakhalin 2, is run by Sakhalin Energy, a consortium led by Royal Dutch/Shell, Europe's largest oil company, with a 55% stake. At $10 billion, it is Russia's largest single foreign investment project. It is also the market's first and only success story to date. It required more than 1,000 permits, but last year Sakhalin Energy's Molikpaq rig produced 1.6 million tons of oil, more than 80,000 bbl. a day, during the ice-free season from June to December...