Word: timber
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...share of stock-or a bond, a house, a stand of timber or any other asset-is worth the following: the future income one hopes to receive from it minus a haircut for the risk that things won't turn out as expected...
...Canada, as well as the Gulf of Mexico. That it has prospered as El Dorado struggled spurred Murphy to action, says chairman and CEO Claiborne Deming. "This not a booming metropolis by any stretch," Deming notes, alluding to the toll that lumber imports have taken on the area's timber economy and that job exports have squeezed from its manufacturing sector. In pledging $50 million over the next five years for the El Dorado Promise, the company not only can "give back" to the community but rebuild its shallow talent pool - a "wonderful confluence" of interests, Deming says. "Surprise...
...country where "wine" tends to mean a cloying beverage that's almost unbearably sweet. The food is superior too: the chef delivers a genteel take on Russian home cooking. For sending e-mails over a cappuccino, or grabbing a bite after a day spent touring the historic timber houses that characterize Irkutsk, Fiesta and its upstairs neighbor are about as tourist-friendly as provincial Russia gets...
...huge step toward figuring out the truth about Stonehenge and the people who erected it. So far, researchers have excavated only the clay floors and hearths from six of the houses and two nearby structures that, fringed with timber palisades, may have been chiefs' homes or shrines. The six houses are strewn with animal bones and broken pottery--so many signs of feasting and ceremony that archaeologists wonder whether the site was used for funerary practices before remains were deposited at Stonehenge. Says Mike Pitts, editor of British Archaeology: "For the very first time, it's creating a social world...
...Republican Party in the Rockies has wasted its mandate in much the same manner as the congressional Republicans have in Washington--by catering to conservative religious and anti-immigration radicals, and by getting a little too cozy with the oil, gas and timber interests. "Issues like gay marriage and abortion are not on the cutting edge out here," says Kevin DeMenna, a Republican consultant in Arizona. "Building infrastructure, figuring out how to manage growth--those are cutting-edge issues. And Democrats like Janet Napolitano have just been a lot more pragmatic than the Republicans...