Word: booming
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...windswept prairies of eastern Wyoming, Frank Eathorne doesn't have much time or use for complaining. But one day this spring, he drove 80 miles in his GMC truck with a BUSH-CHENEY bumper sticker to do just that. It wasn't that he minded the oil-and-gas boom currently flooding the state with jobs and royalties. The problem, he told a government panel in a hotel ballroom in Casper, is that the rush to drill in Wyoming is swiping the land right out from under its people...
...what lies beneath. Washington, increasingly eager to find domestic sources of energy, is leasing the subsurface rights of those so-called split estates at an unprecedented pace to energy companies. Wyoming's abundance of gas reserves makes it especially attractive. The state's citizens have lived through energy booms--and busts--before. But while oil and gas jobs came and went, the ranch remained. This time, ranchers say, the boom risks ruining the land that has always sustained them for the easy-come, easy-go riches below...
...Mayor Nagin, who has been criticized of late for remarks about the slow progress in rebuilding New York's "hole in the ground", predicts a boom is in the making with $60 billion in construction-related funds about to pour in from federal and state sources, including the Road Home program giving homeowners up to $150,000 to rebuild. Ragan says prices for homes are already up 5% to 10% in July. While Uptown is hot (31 properties sold in July), New Orleans East is not (14)."There are houses never even touched since Katrina out there," says Ragan. "People...
...seems a bit much, Samuel Heilman, an expert on Orthodoxy at Queens College of the City University of New York, notes that "more and more Orthodox women are solidly middle class. Why shouldn't the mikvahs live up to the standard of everything else in their lives?" The luxe boom also coincides with a belated embrace by some notable mikvaphobes. While Reform Judaism rejects the idea of immersion on a monthly basis, it does support it as a conversion rite or a symbolic celebration of life changes such as a divorce or recovery from an illness. In Newton, Mass...
Frank Quattrone was always good at making deals. As a sizzling Silicon Valley investment banker during the tech boom of the 1990s, he orchestrated the initial public offerings (IPOs) of start-ups from Netscape to Amazon.com collecting as much as $120 million a year for himself in the process. Yet the deal he reached last week may well be the one he cherishes most. After 31/2 years of court dates, two criminal trials and the prospect of jail time, Quattrone struck a deal in which federal prosecutors agreed to all but drop charges that he obstructed justice during...