Word: bidding
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When oil traders in New York City's Mercantile Exchange hear Iran threaten to stop pumping in a market that is already tight, they immediately bid up the price of contracts for future oil delivery. That cycle of fear isn't the only thing sending prices higher. Hedge funds, sniffing profits, are pouring money into oil and other commodities. The chase has added $10 to $15 to the price of a barrel of oil, say economists. Nor do the fundamentals of global oil offer much hope for lower prices over the long run. The growth in demand is exceeding...
...accepted wisdom on urban renewal--razing areas and erecting isolated, uniform housing projects--arguing instead for restoring old buildings, creating new ones of similar scale and mixing residents and merchants in a happily messy universe of neighborhoods. During a 12-year battle with powerful city planner Robert Moses, whose bid to build a highway through her former neighborhood of lower Manhattan she helped defeat, Jacobs was arrested for storming the podium at a hearing. She said, "We had been ladies and gentlemen and only got pushed around...
...Einstein has only 309.) For just $9.99 you can get a Large Bettie Page Red Whip Cloth Wall Banner; for $6.99, a Bettie Page Don't Tread on Me Metal Candle Tin & Candle, which "features an image of Bettie Page in red lingerie and licking a whip." Who'll bid $19.99 for the Bettie Page Retro Cincher Corset Lot? ("Bring out your inner Bettie!") Or a Bettie Page wristwatch "and the band is made of genuine leather." It'd better...
...investment announcement comes on the heels of a flurry of speculation earlier this month that Facebook was on the market for $2 billion, and after unconfirmed reports that the Facebook founders turned down a $750 million bid for the site...
Harvard submitted a bid to host the first and second rounds of the 2006 NCAA Championships and will learn the decision on May 3. If able to host, it will be the third year in a row for the Crimson, which reached the Round of 16 of the tournament last year...