Word: jackpots
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Merck investors may take comfort in the fact that jackpot jury awards are often reduced on appeal. Texas law caps punitive damages, and the final award probably won't exceed $26.1 million. Merck not only plans to appeal in Texas but also has vowed to continue fighting each Vioxx claim individually. Ailing as it is, the firm is expected to generate $3.5 billion in cash this year. In other words, Merck isn't going bankrupt tomorrow. Which is just what the trial lawyers like to hear. --By Daren Fonda
...mile wide for several days, gradually narrowing the search area as it scanned the bottom for wreckage. On Friday, the Scarab 1 first detected the distinctive electronic pinging signals emitted by flight recorders but could not fix their location. Then, at 2 a.m. last Tuesday, the engineers hit the jackpot: on their video screens they saw the downed plane's voice recorder on the ocean floor, 6,700 ft. below. Maneuvering the sub closer by firing small bursts from its thrusters, they gingerly extended one of Scarab's mechanical arms so that it carefully picked up the black...
...book deal. It's an intro to entertaining for twentysomethings, organized by eating occasion, with chapters like "Lazy Mornings" (chive pancakes, mango-ginger lassis) and "Cooking for a Crowd" (beet salad with goat cheese, potato-chip-crusted salmon). And on April 16, he will hit the culinary jackpot when his new cooking show, Good Deal, premieres in the daytime lineup of the Food Network (1:30 p.m. E.T.), making him, at 25, the channel's youngest host ever...
Studying the nine candidate genes in DNA samples provided by his subjects, Hamer quickly hit the genetic jackpot. A variation in a gene known as VMAT2--for vesicular monoamine transporter--seemed to be directly related to how the volunteers scored on the self-transcendence test. Those with the nucleic acid cytosine in one particular spot on the gene ranked high. Those with the nucleic acid adenine in the same spot ranked lower. "A single change in a single base in the middle of the gene seemed directly related to the ability to feel self-transcendence," Hamer says. Merely having that...
...Parisian jeweler Louis-Francois Cartier took over a work-shop on the Rue Montorgueil and sold antique bronzes, jewelry and watches. He hit the jackpot--and attracted the attention of the century's new tycoons. His three grandsons later joined the business, opening more shops in Paris, London and New York City. (One brother famously traded a string of rare pearls and $100 for a mansion on Manhattan's Fifth Avenue.) No order was too extravagant: Cartier created 27 tiaras for people attending the coronation of King Edward VII in 1902. King Farouk of Egypt had solid-gold toothpicks specially...