Word: inces
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...million last year. The company now turns a profit and is on pace to double sales, to $8 million in 2005. "Spira is already comparable to the best running shoes on the market," says Ray Fredericksen, founder of sporting-goods consultancy Sports Biomechanics Inc...
DIED. HENRY LUCE III, 80, elder son of TIME co-founder Henry R. Luce and a Time Inc. executive, whose posts at the company over 29 years included serving as publisher of TIME; on Fishers Island, N.Y. Before arriving at Time Inc.'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. A fierce defender of editorial freedom, Luce sat on the company's board of directors from 1967 to 1996 and, as head of the Luce Foundation for more than 30 years, oversaw hundreds...
...former MTV VJ, is the face of this new cultural phenomenon--and he may just be the first person to figure out how to make real money off it. Until now, podcasts were personal sound bites--a bit like audio versions of blogs. There has been no advertising. PodShow Inc., Curry's new, San Francisco-- based company, which aims to commercialize podcasting, just landed $8.9 million in venture capital from Kleiner Perkins Caufield & Byers and Sequoia Capital, the Silicon Valley powerhouses behind Yahoo! and Google. PodShow aims to bring podcasting to the masses. "Whoever wants to podcast should be able...
FOOTNOTE: *Copyright (c) 1987 by U2. All rights for the U.S.A. administered by Chappell & Co. Inc...
...several factors, not least of which is the reason for doing it. "If refinancing reduces your monthly payments and frees money you can apply toward principal, thereby getting the house paid off faster, that makes sense," says Mark Brown, a certified financial planner and partner in Brown & Tedstrom Inc. in Denver. It also depends on your time horizon. Planning to stay in your house 10 years or more? Then taking the extra cash from refinancing and investing it in something that has a higher rate of return can really bolster your retirement portfolio...