Word: lumber
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This environment, spread over four floors, each the size of a city block, will become home this August to 2,000 employees trading commodities that range from Old World (crude oil, petrochemicals, steel and lumber) to New World (emission credits and derivatives). Chairman Kenneth Lay and CEO Jeff Skilling are even moving from their skyboxes to work in seventh-floor offices so they can peer down into...
...This environment, spread over four floors, each the size of a city block, will become home this August to 2,000 employees trading commodities that range from Old World (crude oil, petrochemicals, steel and lumber) to New World (emission credits and derivatives). Chairman Kenneth Lay and CEO Jeff Skilling are even moving from their skyboxes to work in seventh-floor offices so they can peer down into...
...restock those hungry machines with bottles, underwear or dried squid. Now, the paradigm-busting idea is that a growing number of vending machines are beginning to dispense digital data, altering the economics of a business once largely dependent upon a complex system of resale and deliveries. As vending machines lumber into the information age, future purchases will just as likely come off a network or satellite as the back of the truck. The only problem: you can't remotely program more Cokes into an empty machine...
...April alone, new home sales hit a record high - and home purchases are like an umbrella - buy a home, you buy refrigerators, electronics, furniture, lumber, everything. Numbers like that really do bode well for the economy...
...atmospherics as the summit approached seemed to support that view: the hemisphere resembled a checkerboard of multiplying trade quarrels. Just two weeks ago, despite their intimate NAFTA partnership, Canada and the U.S. moved to the verge of a multibillion-dollar trade war over softwood lumber; it came not long after a bruising spat between Canada and Brazil that involved subsidies to airline sales and, briefly, a shutdown in the beef trade. Brazil was in a row with the U.S. over the pricing of generic aids drugs that added another thorn to a perennially prickly relationship...