By Costas Paris Costas Paris The Wall Street Journal BiographyCostas Paris @CostasParis [email protected] June 26, 2019 4:29 pm ET The world’s biggest commercial shipping operator plans to add extensive new capacity—but it won’t be on the water. Danish shipping giant A.P. Moller-Maersk A/S instead wants to buy warehouses, container terminals and customs brokerage firms to boost its logistics services capabilities, part of a strategic shift toward a landside business the company hopes will produce half its revenue in two years. “Today up to 80% of our earnings comes from container shipping,” Maersk Chief Executive Soren Skou said in an interview. “Hopefully a couple of years from now will be much closer to a 50-50 scenario between ocean and nonocean services.” Mr. Skou’s plan would extend a transformation of the 115-year-old maritime business that began when he became CEO in 2016. Since then, the sprawling Danish conglomerate … [Read more...] about Maersk CEO Wants Half Its Earnings to Come From Inland Logistics
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By The Washington Post | PUBLISHED: October 24, 2018 at 5:40 am | UPDATED: October 24, 2018 at 6:04 am By April Witt | The Washington Post Whoever won the $1.5 billion Mega Millions jackpot will have some decisions to make. What should they do with the money? Who will they tell? Jack Whittaker faced similar decisions in 2002 when he won Powerball’s $314 million jackpot ($113 million after taxes). At the time, it was the largest jackpot ever won by a single ticket. But the lottery changed Whittaker’s life and within a few years, the West Virginia construction contractor faced personal loss and tragedy. This article originally appeared in The Washington Post Magazine on Jan. 30, 2005. __________ It was coming up on Christmas, and Brenda-the-biscuit-lady was inexplicably happy as she walked to work in the predawn darkness. Brenda didn’t just make biscuits over at the C&L Super Serve for $6 an hour. She served up good cheer. “How you doin’, … [Read more...] about He won Powerball’s $314 million jackpot. It ruined his life.
On March 12, the National Book Critics Circle awarded the late Ellen Willis the top prize in its criticism category for The Essential Ellen Willis, a collection of over 40 years’ worth of Willis’s writing. Willis, who served as the first-ever pop critic for the New Yorker in the early Sixties, died of lung cancer at the age of 64 in 2006. She began writing for the Village Voice in the early Seventies, and became a staff writer here in 1979, where she remained as a writer and senior editor for the next decade. Edited by her daughter, journalist Nona Willis Aronowitz, The Essential Ellen Willis is a wonderfully motley assortment of essays, reported features, and political commentary. It also includes a generous helping of articles that originally appeared in the Village Voice. On the next page, you can read a piece she wrote for the cover of the July 29, 1981, issue, “Escape From New York,” which appears in the anthology. They don’t look real to me How can I … [Read more...] about Read ‘Escape From New York,’ From Ellen Willis’s Award-Winning Anthology