Word: behemoth
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...have practically no manager at all. Nearly one out of every five new investment dollars is now going into low-cost index funds, which automatically mirror the performance of benchmarks like the Standard & Poor's 500. Already this year $18 billion has flooded into Vanguard, the behemoth that pioneered the practice. Says John Rekenthaler of funds researcher Morningstar. "Indexing is an ongoing challenge that most of the competition is not facing...
After his work at NBC, Sagansky ventured into the movie business. From 1985 to 1989, he was president of production for TriStar Pictures, a start-up at the time rather than the media behemoth it is today. During his time there, the movie house produced films like "Glory," "Look Who's Talking," and "Steel Magnolias...
Welcome to the one-hand-washes-the-other world of "Jim-Bob" Moffett, a former University of Texas football star, geologist and amateur Elvis-impersonator who built Freeport into a mining behemoth with annual revenues of almost $2 billion. Moffett himself is an F.O.S., or friend of Suharto, the ousted dictator of Indonesia, a country that is now a fuse in search of a match. An often violent election campaign leads up to voting on June 7 that could bring to power reformers long critical of Freeport...
...startling accumulation of the supercell thunderstorms that spawn whirlwinds. By 4:45 they had issued their first tornado warning. Starting at 5:00 and continuing for 20 hours, a legion of twisters--more than 40, coming so fast that the exact count is uncertain--scourged the region. One, a behemoth originating near Chickasha, may be historic. Not for the width of its funnel--although at nearly a mile across, that was extraordinary--but a mobile Doppler radar from the University of Oklahoma clocked its peak wind speed at 318 m.p.h., which would make it the strongest wind recorded on Earth...
...government's knife again? It's early yet, but cable is the one-stop-shopping future, and the No.1 cable company is already the No. 1 phone company. When it also has deals with the No. 1 software company and the Nos. 2 and 3 cable companies (Time Warner, behemoth parent of TIME Daily, and Comcast), and just about everybody else except the Baby Bells, its sounds great for AT&T. But maybe not so great for competition...