Word: limiteds
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...Britain, Thailand and even squeaky-clean Singapore are being bombarded with billion-dollar investment offers from the same companies that made a strip of Nevada desert synonymous with over-the-top entertainment. The sudden urge to export Vegas-style casinos stems as much from regulatory reform abroad as from limited growth opportunity in the States. Indeed, after MGM Mirage announced plans last month to build a casino in Macau, Merrill Lynch predicted that the development would add five times more value to the company than its proposed mega-merger with the Strip-centric Mandalay Bay. So far, Vegas casino operators...
...counsel for the U.S. Conference of Catholic Bishops, calls the bankruptcy an "act of desperation," though one a "handful" of dioceses might consider. They might be wise to hang back awhile. True, Portland may rationalize its debt, keep discussion of its sins to a relative minimum and set a limit on future claims against old offenses--in other words, extract itself from the nightmare still facing other dioceses. But the hearings could also become high theater, the diocese's fiscal and administrative exposure could breed further investigation, and a loss on the parish-assets issue could establish a cataclysmic precedent...
...maximum amount of stock a faculty member may hold in a publicly traded company doing research in a field related to that faculty’s work was raised from $20,000 to $30,000 in recognition of the time that has passed since the $20,000 limit was set. Faculty still may not hold equity in privately-held companies doing research related to their research...
Though no one is sure how the rings formed, some of the material is almost certainly the remains of small pulverized moons that were destroyed either by a cataclysmic meteor hit or when they wandered too close to a gravitational danger zone known as the Roche limit: the altitude above a planet at which the difference in gravity between the end of an object closest to the planet and the end farthest from the planet is great enough to pull the object apart while not pulling the remains out of orbit. Instead, the rubble disperses around the planet. Photographs...
With about 140,000 U.S. troops now in Iraq and 20,000 in Afghanistan, the Army--with an overall troop strength that is about half what it was 40 years ago--seems stretched to its limit. Secretary of Defense Donald Rumsfeld has said repeatedly that the military should be made more efficient rather than bigger. Democratic presidential candidate John Kerry thinks it isn't large enough and pledges to add 40,000 active troops if elected. The IRR call-up follows a series of so-called stop-loss, stop-move announcements in recent months, which require soldiers who have fulfilled...