Alfa Demmellash grew up on less than a dollar a day, and against the backdrop of torture and murder. But these days she’s living the American dream and helping others do the same. “Entrepreneurs are at the very heart of what the American dream is all about,” says Demmellash, a native of Ethiopia
Tag Archives: business
The Global Warming Bill’s Rough Ride Through Congress
If Nancy Pelosi gets her way by the end of the week, the U.S. House of Representatives will have passed landmark global warming legislation.
Behind the Picture of Farrah Fawcett That Made her an Icon
McBroom, a photographer, snapped the image that made Farrah Fawcett an icon. He tells TIME how an innocuous photo shoot — in which Fawcett posed at her Hollywood home in a red swimsuit — resulted in the 1976 poster that wound up plastered on millions of bedroom walls
Thousands of BA staff agree to pay cut
More than 1 in 6 British Airways staff have agreed to work for free, take unpaid leave or work part-time, the airline said Thursday after the announcement of cost-cutting measures last week. “This is a fantastic first response
Iranian Politics: Watching ‘The Lord of the Rings’ in Tehran
On June 23, Iranian security forces, reportedly using live ammunition, clashed with protesters numbering in the hundreds in the area of the country’s parliament in Tehran. At the same time, there were indications that a behind-the-scenes struggle was intensifying in the corridors of power even as the government continued its campaign to quiet the populace through propaganda and entertainment.
What Comes After the Recession: A Fun Free Recovery
Even as Congress belatedly tackles legislation that would cut U.S. carbon emissions and international negotiators bickered over a global climate deal in Bonn, Germany, a new report by several federal agencies underscores the truths that too often risk getting lost in politics: global warming is real, it’s happening now, and if we don’t act soon, the consequences are likely to be catastrophic.
Sri Lanka Tourism Looks to Boom After War’s End
Hoteliers big and small in Sri Lanka are getting ready to cash in on what they say is the inevitable boom around the corner after last month’s end to the nation’s bloody quarter-century-old civil conflict. Tourism in this tropical-island nation was one of the industries hit hardest by the war between government forces and the Liberation Tigers of Tamil Eelam . From the white-sand beaches of Hikkaduwa to the verdant mountains of Kandy, the tourism industry has endured a 25-year-old yo-yo ride with profits fluctuating from year to year with the state of the conflict.
BA pilots offered shares for pay cut
British Airways pilots are being urged to accept a deal under which they will receive shares in the struggling company in return for a pay cut, their union said Thursday. The move will save the company £26 million ($42 million) annually and is the latest measure to help the airline through the economic downturn.
Got $100? Welcome to your new Detroit home
If an e-mail popped up in your inbox promising a house for $100, you’d expect to see it sent from a guy in Nigeria asking you to wire him several thousand dollars first.
Climate Change Report Shows Things Going From Bad to Worse
Even as Congress belatedly tackles legislation that would cut U.S. carbon emissions and international negotiators have bickered over a global climate deal in Bonn, a new report by several federal agencies underscores the truths that too often risk getting lost in politics: global warming is real, it’s happening now and if we don’t act soon, the consequences are likely to be catastrophic. Scientists and officials working with the United States Global Change Research Program released on Tuesday the first climate change assessment to be completed during Barack Obama’s presidency.