Word: spectacularisms
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Wall Street had its ups and downs last week--plenty of both. After the opening bell rang at the New York Stock Exchange on Monday, the Dow Jones industrial average plunged 45.75 points, to 1840.15, the worst one-day decline in history. Trading veterans, by now used to the spectacular gyrations of the ) continuing bull market, were relatively unfazed. For one thing, the drop represented only 2.43% of the Dow's value, a far cry from catastrophe. Sure enough, the plunge soon halted, and on Friday the Dow stormed back 36.06 points--its eighth-best day ever--to close...
...Just four days after a spectacular win in the first major mountain stage of this year's Tour, the 24-year-old climbing specialist tested positive for the banned blood booster erythropoietin (EPO), French anti-doping agency officials told reporters. French police immediately took Riccò into custody, as the now familiar scene of chaos erupted, with photographers and name-calling fans swarming around his Saunier Duval team's yellow bus. The entire Spanish team subsequently pulled out of the competition before Thursday's start of stage...
...brief beckon to rescind my futile mission. Of course, she got some business, but she also knew that I would not out-maneuver the elements, and she nodded approvingly as I sank into a chair. Over the steam of a cup of coffee and a prime view of a spectacular water show, I could feel the welcome in “Welcome back.” —Emmeline D. Francis ’11 is a Crimson editorial editor in Mower Hall...
...Incredible Hulk: not so hot.) It's been one of the best summers in memory for flat-out blockbuster entertainment, and in the wow category, the Nolan film doesn't disappoint. True to format, it has a crusading hero, a sneering villain in Heath Ledger's Joker, spectacular chases - including one with Batman on a stripped-down Batmobile that becomes a motorcycle with monster-truck wheels - and lots of stuff blowing up. Even the tie-in action figures with Reese's Pieces suggest this is a fast-food movie...
...association of about 3,000 German machinery firms, economist Olaf Wortmann acknowledges that there has been "a change of tempo," but he insists that the upward trend is continuing. The Federation tracks the order inflow of its members, and while that number fell 12% in May, it jumped a spectacular 35% in April. "There are always monthly fluctuations," says Wortmann. For the first six months of 2008, the industry is still expecting growth of at least 5%. One heartening factor: the engineering firms' factories continue to hum at an impressive pace - capacity use is at a near-record...