Word: sevenths
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...participant, spectator and reporter, disappointment in sports is nothing new. So when I went online Sunday night and saw that Mike Mussina was taking a perfect game into the seventh inning, I barely flinched. After all, what were the chances that he could actually pull it off? The jaded part of me told me it wasn’t worth the worry. So I didn?...
...safe to come out yet? No one really knows, but most market gurus agree that the economy is probably near the bottom even if it isn't exactly there yet. Sure, the Federal Reserve's seventh rate cut since January did little to inspire buying on Wall Street last week, but lower interest rates will eventually have a positive effect. Don't be concerned about the timing of the turn. You should be more focused on having a strategy in place to take advantage...
Person of the Week INTEREST WANES The traders who once polished his halo vented their discontent last week when U.S. Federal Reserve Chairman Alan Greenspan trimmed interest rates for the seventh time this year. Stocks plummeted the day of the cut, viewed as too little, too late to help the U.S. economy...
...seemed like a great idea at the time. Swissair, a midsize airline ranked seventh in Europe, had run out of room to grow given its tiny domestic market. So it began buying minority interests in smaller European airlines in hopes of boosting traffic. But the plan hit major turbulence: so many of the new partners were hemorrhaging money that Swissair reported a $1.8 billion loss on $10 billion in revenues last year. "With a clear head, it does seem like a crazy strategy," says Andy Chu, an airline analyst at Merrill Lynch in London...
...believe that this torpid, sand-colored town, with its bored Indian shopkeepers sitting outside foodstuff-and-luxuries stalls and camels grazing outside the (largely empty) Hilton Hotel, was once the Dhofar that Zheng He's ships (though not, it seems, the admiral himself) sought out, in 1432 on their seventh voyage. The Salalah Holiday Inn slumbers near the spot where old Chinese coins were once discovered. The classified section of the Oman Daily Observer reports that someone named Zou Shichui has lost a Chinese passport - and one wonders which part of limbo the unfortunate now inhabits. To retrace the Chinese...