Word: liftings
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...company that is buying Volvo's carmaking division is no slouch at sequencing either. In Saarlouis, Germany, Ford representatives show off a 3,000-foot-long ski-lift contraption that feeds 58,000 sequenced components daily into the company's assembly flow, replacing 3 million miles' worth of truck travel over the course of the year. The modular scheme will enable the company to offer the same diversity of car models on just 16 different chassis by next year, down from 32 platforms in 1998, as part of an overall plan to trim yearly costs $1 billion worldwide...
...watch, nearly a dozen psychics have been arrested on charges ranging from fortunetelling, a selectively enforced misdemeanor punishable by up to 90 days in jail, to grand larceny, a felony. One clairvoyant allegedly convinced a client that rubbing her body with raw eggs and bathing in special potions would lift a curse. The cost of that exorcism? About $500,000. A similarly inventive psychic encouraged an undercover cop to buy 90 candles, at $55 each, to fend off evil spirits...
...becomes two shares worth $50 each. That doesn't change the intrinsic value. But it does make the stock more affordable for small investors, who like to buy in round lots of, say, 100 shares. That's one reason stocks that split have historically got about a 5% lift between the date of the announcement and the actual split. Lately, though, the pop has been more explosive. EBay rose a quick 37%; Xerox, 10%; Microsoft, 12%. People now pay for services that alert them via pager or e-mail whenever a split is announced, so they can quickly...
...slopes before the powder melts, you might want to head north of the border. With the Canadian dollar near record lows, ski resorts like Whistler in British Columbia and Mont-Tremblant in Quebec are offering the best deals. A five-night, four-day stay at a Whistler hotel (including lift tickets) costs about $400, while a trip to Vail or Aspen goes for $500 to $700. No wonder visitors to Colorado's slopes, which until recently were beset by weak snowfall, are down 11% this year. That means, of course, that the state's a bit eager for business...
...defense will strongly argue that the ski lift cable was not marked on maps, while prosecutors will maintain that the pilot was obligated to fly at a minimum of 1,000 feet and the cable was hung at about 370 feet. "The prosecution's argument will be that yardsticks don't lie," says Thompson. Whatever the trial's outcome, many of Ashby's colleagues have already weighed the matter in their minds, and their judgment does not bode well for the pilot. "Many other Marine pilots have been angered by the accident and have concluded the crew was hot-dogging...