Fortune is a global business magazine published by Time Inc. Founded by Henry Luce in 1930, the publishing business, consisting of Time, Life, Fortune, and Sports Illustrated, grew to become Time Warner. In turn, AOL grew as it acquired Time Warner in 2000 when Time Warner was the world's largest media conglomerate.Fortune's primary competitors in the national business magazine category are Forbes, which is also published bi-weekly, and Bloomberg Businessweek. The magazine is especially known for its annual features ranking companies by revenue. CNNMoney.com is the online home of Fortune, in addition to Money.
Fortune was founded by Time co-founder Henry Luce in February 1930, four months after the Wall Street Crash of 1929 that marked the onset of the Great Depression. Briton Hadden, Luce's partner, wasn't enthusiastic about the idea—which Luce originally thought to title Power—but Luce went forward with it after Hadden's February 27, 1929 death (probably of septicemia).
Luce wrote a memo to the Time, Inc. board in November 1929, "We will not be over-optimistic. We will recognize that this business slump may last as long as an entire year."
Sheryl Kara Sandberg (born August 28, 1969) is an American businesswoman. She has served as the chief operating officer of Facebook since 2008. Prior to Facebook, Sandberg was Vice President of Global Online Sales and Operations at Google. She also was involved in launching Google's philanthropic arm Google.org. Prior to Google, Sandberg served as chief of staff for the United States Department of the Treasury. In 2012, she was named in Time 100, an annual list of the 100 most influential people in the world assembled by Time.
Sandberg was born in 1969 in Washington, D.C., the daughter of Adele and Joel Sandberg and the oldest of three siblings. Her family moved to North Miami Beach, Florida when she was two years old. She attended public school, where she was "always at the top of her class." Sandberg taught aerobics in the 1980s while in high school.
In 1987, Sandberg enrolled at Harvard College and in 1991, graduated with a B.A. in Economics and was awarded the John H. Williams Prize for the top graduating student in economics. While at Harvard, Sandberg met then professor Larry Summers who became her mentor and thesis adviser. Summers recruited her to be his research assistant at the World Bank, where she worked on health projects in India dealing with leprosy, AIDS, and blindness.
Patricia Lynn "Patty" Murray (née Johns; born October 11, 1950) is the senior United States Senator from Washington and a member of the Democratic Party. Murray was first elected to the Senate in 1992, becoming Washington's first female senator. She was re-elected in 1998, 2004 and 2010.
Murray has served as the Senate Majority Conference Secretary since 2007, making her the fourth-highest-ranking Democrat and the highest-ranking woman in the Senate.
Chairman of the Democratic Senatorial Campaign Committee from 2001 to 2003, Murray assumed the role again in early 2011, for a term ending in 2013. She is also the Chairman of the Senate Committee on Veterans' Affairs.
On August 9, 2011, Senate Majority Leader Harry Reid appointed Murray to co-chair the United States Congress Joint Select Committee on Deficit Reduction.
One of seven children, Murray was born in Bothell, Washington, to Beverly A. (née McLaughlin) and David L. Johns. Her mother was an accountant. Her father fought in World War II and was awarded a Purple Heart.[citation needed] She attended Saint Brendan Catholic School as a young child.