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Pope John Paul's third tour of Africa high lights the complex is sues facing some of the world's fastest-growing churches...
...fastest-growing investment vehicle for individuals is the mutual fund, which pools clients' money into huge stock portfolios. By buying shares in a fund, an individual can leave the stock picking to experts and still have a chance to reap big profits. October sales of mutual funds that invest primarily in U.S. stocks were $2 billion, up 50% from the same month a year...
...spark for the latest skirmish is People Express, the fastest-growing airline in the annals of aviation. People is slashing most of its fares this week by 30% to 60%. Passengers can fly from the carrier's Newark base to Miami, Fort Lauderdale and other Florida cities for $69, to Los Angeles and San Francisco for $99, to Minneapolis for $49 and to Greensboro or Raleigh, N.C., for $29. By changing planes in Newark, People Express customers can fly from Chicago to Florida or from Boston to Houston for $99. People's biggest bargain of all is a nonstop flight...
...emerging car market, Hyundai's operation sold more cars than any other foreign joint venture in the first quarter, according to Singapore's AutoAsia, an automotive data company. In fact, with a compounded annual revenue growth of 20% over the past five years, Hyundai has been the world's fastest-growing major automaker since 1999, according to Lehman Bros. Hyundai is "putting pressure on everybody," says Rob Hinchliffe, an auto analyst at UBS. Even Toyota vice chairman Fujio Cho last year acknowledged the blur that is getting bigger in his rearview mirror: "Hyundai has quality and prices that have caught...
...Performance of the Week Newly crowned fastest man on the planet ASAFA POWELL, 22, broke the 100-m world record in Athens last week with a 9.77-sec. race. Powell, a Jamaican, shaved one-hundredth of a second off the record, becoming only the fourth non-American since 1912 to lower the mark. Winning on the very track that dealt him a disappointing fifth-place finish in last year's Olympics makes it a doubly sweet success for Powell. Aptly, his African first name means "rising to the occasion...