Monoprice built a very successful online business by doing one thing exceedingly well: offering extremely high quality cables (most notably HDMI cables) at unheard of bargain basement prices. This allowed the company to grow into a $120 million a year business that’s been growing at between 25 percent and 35… … Read More
India Gang Rape: Assault Shatters Family’s Dreams
NEW DELHI — Her parents called her “bitiya,” or little daughter. She was her family’s biggest hope. In a country where women are routinely pushed into subservience, this 23-year-old who dreamed of becoming a doctor was going to lift them out of poverty.
“Without her we are lost,” said her father, rocking on the edge of a bed in the family’s tiny basement apartment, hugging himself as if to hold in the grief. The sadness enveloped him as he talked of his daughter, who died after she was gang-raped in a moving bus in New Delhi in December, a case that galvanized public anger in India over sexual attacks and the inability of authorities to stop them.
‘Lord Of Publishing,’ Sterling Lord Memoir, Coming Soon:
NEW YORK — The legend of Sterling Lord dates back to 1952, when he was just getting started as a literary agent. Into his basement-level office on Park Avenue walked a young man wearing “a light weather-resistant jacket with a lightweight checkered shirt underneath.”He was striking looking – `diamond in the rough’ was the phrase that came to mind,” Lord writes in his just-published memoir.Read More…
Greece puts itself up for sale
ATHENS, Greece — Straddled with mammoth debts, the government has begun one of the biggest fire-sales in history — Greek-style.Everything from police and tax agency headquarters in Athens to some of the world’s most beautiful beaches are now open for investment at bargain basement prices as the government struggles to raise capital.Take Afandou, a beach on the island of Rhodes. It could be yours for about $85 million.Selling it could help this country recover from economic catastrophe. But that’s not how locals see it.Elisa Malliaraki, 29, who owns a pharmacy in Rhodes’ medieval town, says losing public access would be “tragic.”“We already can’t access many of the beaches on the island since there huge hotel units informally block our way,” she said.Beach access may seem minor compared to the enormous burdens facing the Greeks. Their ailing economy is barely staying afloat on rescue loans from other European countries and the International Monetary Fund.Continue Reading… … Read More
