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...Dow had run up 10% in the three months ending July 5, and the NASDAQ nearly double that. Which caused a friend of mine to ponder, on her commute home from Manhattan (where much pondering is done), What should I do with my investments? "Last week I told my husband to sell everything because we weren't going to see prices like this for quite some time," she says. "Of course, he didn't. But now I'm not sure that was the right call. I certainly can't tell from the papers." Or magazines...
...Consulting's new Bullfighter software, designed to make business documents more readable. Bullfighter works like a spell checker in either Microsoft Word or PowerPoint and assigns documents a score based on sentence complexity and the use of some 350 "bullwords." Using Bullfighter, Deloitte found that among companies in the Dow Jones industrials, those that spoke plainly in shareholder letters and other communications outperformed those that loaded up on jargon. Bullfighter is available free on CD-ROM or at dc.com/bullfighter Here's a sampling of the worst bullwords, along with Bullfighter's suggested translations: envisioneer (create), leverage (use), re-engineer...
Other businesses have sounded the alarm, among them a consortium of nearly two dozen companies, including pharmaceutical makers (Abbott Laboratories), brewers (Coors), chemical companies (Dow) and makers of building materials (Owens Corning). They have urged President Bush "to declare war on high natural-gas prices." Heading a list of recommendations: "Maximize use of other energy sources for power generation...
...diarrhea incident rattled the industry. Some major players, among them Dow and Monsanto, are steering clear of the Farm Belt, preferring to grow their pharmacorn in isolated areas of Arizona, California and Washington State. Even so, the USDA--under pressure from Midwestern politicians who dream of biopharm Silicon Valleys in Iowa--has stopped short of restricting biopharming in major corn-growing states. Its new rules would step up inspections of biopharms and expand the buffer zone between genetically modified corn and food crops to a mile. But opponents say that's not wide enough to prevent cross-pollination...
...Colonial is still 700 yds. longer than the typical LPGA setup. But it is also the kind of classic course Sorenstam loves, with narrow, tree-lined fairways, deep, ball-eating bunkers and small, slick greens. "Length is not the most important thing," says Colonial head pro Dow Finsterwald Jr. "This is a position golf course"--a plus for Sorenstam, one of the most accurate hitters in the game. She'll have to hope her straight shooting will make up for her power disadvantage--her current 275.4-yd. average drive would rank her 159th on the PGA tour...