Inflation dips to a five-month low

Nov 21

Inflation continued its downward trend for the second straight week. The inflation rate fell to its five-month low of 8.90 per cent during the week ending November 8 following fall in prices of crude oil, metals and other manufactured items. However, primary food articles such as vegetables and fruits turned expensive.

Jeff Bezos

Jeff Bezos

In 1994, Jeff Bezos was already what many would consider extremely successful. The youngest-ever senior vice president at Wall Street investment banker D.E. Shaw & Co., the 30-year-old Bezos was already making an estimated six-figure salary and was destined to rise even further in the company ranks. But Jeff had other plans. Fueled by a secret passion for the infant business of electronic retailing, Jeff dreamed of creating his own company in the vast, then virtually uncharted wilds of the World Wide Web.

Leon L. Bean

Leon L. Bean

Leon Leonwood Bean, known to his friends and loyal customers simply as “L.L.,” never intended to become a mail order giant. All he really wanted to do was keep his feet dry. But there were much bigger plans in his future.

Burton Baskin & Irvine Robbins

Burton Baskin & Irvine Robbins

Although Ben & Jerry may be famous for creating off-the-wall ice creams with names like Cherry Garcia, Wavy Gravy and Chunky Monkey, they weren’t the first to build a business whipping up exotic frozen treats.

Ian Ballantine

Ian Ballantine

The founder of both Bantam Books Inc. and Ballantine Books, Ian Ballantine has been called “the father of the mass-market paperback.” A literary visionary, unafraid to take chances on new writers, he has been credited with launching the careers of such bestselling authors as Arthur C. Clarke, Frederik Pohl and Tom Robbins.