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...Singapore disclosed that it had lost $550 million in derivative trading and was near bankruptcy. The firm had wrongly bet - and redoubled - that oil prices would decline. A Sharper Picture The future of high-definition TV (HDTV) got some focus when four Hollywood studios (Universal, Paramount, Warner Bros. and New Line) agreed to release titles in the HD-DVD format. Sony, backer of the rival Blu-ray format, was taking solace in its forecast that the European market for sets had been seriously underestimated: HDTV adoption could reach 20 million by 2008 - four times previous industry estimates. Drug Delay...
Nonetheless, true to the nature of this story, this movie’s path was still an uphill climb. The ambitious expedition that Fuller proposed with this movie found itself seriously truncated by Warner Bros. Studios, the distribution outlet to whom he—according to legend—presented his four-and-a-half hour finished product...
...Iasis purchased a model log-home kit from Kuhns Bros. Log Homes for about $250,000, which included specially manufactured kiln-dried logs and blueprints. Judging by the package price, it seems like a tremendous bargain. But the couple estimates they'll spend an additional $300,000 or more to hire local workers to complete the house...
...investing heavily in existing fields in Siberia, bringing in Western technology and dozens of American and other experienced foreign managers. Partnering with Schlumberger, a U.S.-based oil-field-services company, Yukos became the biggest Russian player, accounting for 20% of total production. At a presentation at a Lehman Bros. energy conference a month before Khodorkovsky was arrested, Yukos boasted that its oil production was growing 20% a year while operating costs were less than half those of the biggest U.S. firms, including ExxonMobil, Chevron and Conoco. With Yukos mired in political trouble, its production gains have ceased. But its five...
...investing heavily in existing fields in Siberia, bringing in Western technology and dozens of American and other experienced foreign managers. Partnering with Schlumberger, a U.S.-based oil-field-services company, Yukos became the biggest Russian player, accounting for 20% of total production. At a presentation at a Lehman Bros. energy conference a month before Khodorkovsky was arrested, Yukos boasted that its oil production was growing 20% a year while operating costs were less than half those of the biggest U.S. firms, including ExxonMobil, Chevron and Conoco. With Yukos mired in political trouble, its production gains have ceased. But its five...