Word: caps
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...American Tort Reform Association, backed mostly by Republicans, has been lobbying since 1986 to limit noneconomic damages in some suits to $250,000. John Ashcroft, head of the Justice Department, pushed for such a cap on punitive damages when he was a Senator. But Feinberg, a Democrat, insists he was not pressured by the Administration to keep the numbers...
...also proposed specific steps towards improving the efficacy and efficiency of the council. She plans to cap meeting lengths and make sure that each member is working on a council project...
Internet use in China is growing even faster than use of cell phones. And despite Beijing's best efforts, says Rosen, "there's no way for the government to keep a tight cap on the flow of information anymore." That poses a dilemma both for Beijing and for businesses that traditionally prize political stability. Fifteen years in the making, China's WTO push constitutes just an epic prologue to great social and economic transformations to come. Observers uniformly call it a revolution from above. But unless successors to Jiang and Premier Zhu Rongji can deftly manage the upheaval, there will...
...deepest values tend to be small- and mid-cap businesses that trade only in Japan but are available through most U.S. brokers. That's where Charles de Vaulx, co-manager of the First Eagle Sogen Global fund, has been mining. "Our bullishness on Japan rests on the extremely low valuations," he says. He likes the bicycle-parts maker Shimano, which has cash on its balance sheet equal to a third of its market value and has strong exports to boot. Other favorites include construction company Okumura, machinery company Aida Engineering and textiles firm Sotoh--all of which are profitable...
...Administration reconsider whether to accord even unlawful combatants treatment prescribed for war prisoners under the Genevea Convention, if only to ensure that U.S. prisoners of war continue to receive it in the future. "There are no ambiguities in this case," Rumsfeld insisted, wearing shirt sleeves and a Defense Department cap, adding that it would be "a terribly dangerous thing" to "blur the distinction" between POWs and combatants "who have been trained to kill innocent people...