Word: pocketing
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...ability to "see" such events, the one taking place 477 million miles away and the other in a small, remote pocket of central Africa, is a fairly recent human acquisition. Not so very long ago, before communications satellites and attendant technologies wired the world, the news about what happened on Jupiter and along the eastern border of Zaire last week would have spread, if at all, largely by print or word of mouth...
...plus meals for squinting into the near distance and making a call that could well determine if a player advances to, say, the fourth round. Trifling it's not. Those players who do advance that far earn $67,000 this year; the men's winner will pocket $517,000. Says Gangji, who first began drawing a salary only four years ago: "I'm not going to become a millionaire, but at least we are getting the respect we deserve now. Besides, I love the sport...
...more than ever, challenging an incumbent Representative or Senator is a rich person's sport, according to spending reports filed with the Federal Election Commission. During the 15 months ending March 31, candidates gave or lent their campaigns more than $28 million out of their own pocket, up from $24.3 million during the comparable period two years ago. Roll Call, a Capitol Hill biweekly, recently listed 21 candidates for the House who had already personally invested $100,000 -- nine months before Election Day. An additional 24 had put up more than...
Federal regulators sent down a decision today that will help usher in a new era of personal communications devices, including pocket phones that are far cheaper than the current cellular devices. The Federal Communications Commission revised its strategy for how it would split up the publicly owned radio spectrum, making the business potentially more lucrative--and thus more attractive to service providers--and opening up the business to new competition. "People will be able to afford these things for nonbusiness purposes," says TIME Washington correspondent Suneel Ratan. "You won't be looking at $600-a-month cellular-phone bills anymore...
These are only rough guesses, but what really matters is that buying a share puts you in partnership with the big shots. What comes out of your pocket when they raise the ticket prices can go back into your pocket if the stock price goes up. You can pay for your hot dogs with the dividends...