Word: investers
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...into "why the cascade was so significant, why it was able to ripple so significantly throughout our system." But finding answers may mean reviewing yet again the lessons learned from four historic power failures going back to the 1960s, looking at the weird rules that govern how power companies invest their money, and confronting the evidence that an antique grid of twigs and twine cannot meet the demands of 21st century consumers, much less protect itself from anyone who might actually set out to bring it down...
Long the destination of college kids on spring-break benders and retirees seeking warmer climes, Broward County, Florida, is positioning itself to attract a new demographic: international cricketers. The county plans to invest about $30 million in a 100-acre park in the city of Lauderhill, the crown jewel of which will be the nation's first professional-grade cricket grounds. The United States of America Cricket Association says that about a third of its 10,000 members live in South Florida. Credit the area's large, cricket-loving Caribbean population. But the stadium plan goes well beyond recreational play...
Young consumers are also reshaping how large sections of the economy work. Take, for example, the cinema industry. Movie houses have been almost exclusively mom-and-pop outfits and, as a result, old, dingy and broken down. But the young, high-spending crowd is enticing major corporate players to invest. Bombay-based Inox Leisure opened its first two multiplexes over the past year and is investing $50 million to build 11 more, each with as many as six screens, by mid-2005. Shishir Baijal, Inox's CEO, estimates that 100 multiplexes are in the works nationally. Though he charges...
...Young consumers are also reshaping how large sections of the economy work. Take, for example, the cinema industry. Movie houses have been almost exclusively mom-and-pop outfits and, as a result, old, dingy and broken down. But the young, high-spending crowd is enticing major corporate players to invest. Bombay-based Inox Leisure opened its first two multiplexes over the past year and is investing $50 million to build 11 more, each with as many as six screens, by mid-2005. Shishir Baijal, Inox's CEO, estimates that 100 multiplexes are in the works nationally. Though he charges...
PUSH FOR DISCOUNTS. Find out how much you must invest to qualify for a fund's breakpoint. Visit the company's website, and have your broker show you the "sales charges" section of the fund's Statement of Additional Information (SAI). If you already own the same fund in your 401(k) or IRA, that money may count toward the cut rate. If other members of your family hold funds from the same company--or plan to do so over the next 12 months--you could qualify for a discount on a fund's A shares...