Word: ince
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Dates: during 2000-2009
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Half a million for a fishing contest? Sounds crazy. Absolutely, says Irwin Jacobs, the genial chairman of Genmar Holdings Inc., which owns the FLW Tour: that's hardly enough money. So Jacobs is raising the big prize to $1 million next year and promising a celebrity pro-am, the Pebble Beach of angling. "Nobody ever believed we could do this," says Jacobs, a man not unacquainted with hyperbole. "But we're not anywhere near where we're going to be in 10 years...
...what should the patient bargain hunter be buying in Asia today? Wadhwaney suggests looking at out-of-favor Japanese stocks like Asatsu-DK Inc., an advertising agency that's "extremely cash rich," well positioned in an industry that's ripe for consolidation and "very cheap." He also likes Nichicon Corp., a producer of aluminum capacitors--ubiquitous components in electronic products. It's an acutely cyclical industry that's deeply depressed, but Nichicon--like every other company whose stock Wadhwaney owns--is so well capitalized that Wadhwaney believes it will undoubtedly survive the downturn...
...this minor incident for an astral calamity and frightens the neighbors by exclaiming, "The sky is falling!" In the world of traditional animation, when computer-generated (CG) 3-D cartoons came in, the sky did fall. The first piece was Pixar, with such movies as Toy Story and Monsters, Inc. Another chunk was DreamWorks (the Shreks). And, yes, an outfit called Blue Sky fell too, with Ice Age and Robots. Hand-drawn, or 2-D, animation was instantly kaput. Chicken Little was right...
...DIED. HENRY LUCE III, 80, elder son of TIME co-founder Henry R. Luce and TIME Inc. executive whose posts at the company over 29 years included TIME's national affairs writer, London bureau chief and publisher, and head of the planning and construction of the TIME & Life Building, TIME Inc.'s headquarters, in New York's Rockefeller Center, that was completed in 1960; on Fishers Island, New York. Before arriving at the company's flagship magazine in 1951, Hank, as he was known, served in the wartime U.S. Navy and as a reporter for the Cleveland Press. From...
Madhu Beriwal equates disaster planning with marathon running. "You train and time yourself and figure out what you need to do to achieve it," she says. As the president of Innovative Emergency Management, Inc., in Baton Rouge, La., Beriwal knows about training for marathon-size catastrophes like Hurricane Katrina. Her company played a role in the Hurricane Pam simulation, which involved almost 300 officials getting ready for a major-category storm hitting New Orleans. But after witnessing the devastation left by Katrina and the blundered response from relief officials, Beriwal wonders if the training needs to be rethought. "The system...