Word: totalizer
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JUNE 27-JULY 7 Worried customers withdraw a total of $730 million...
Favre, 38, is certainly not the first athlete to flip-flop on bidding farewell to his game. Pitcher Roger Clemens, the king of comebacks, has retired a total of three times. Lance Armstrong left cycling in 1996 to battle cancer and returned to win seven consecutive Tour de France titles. Other stars have re-emerged to save a struggling franchise, like Michael Jordan, who proclaimed his 1995 return to the Chicago Bulls after a failed bid at pro baseball with a two-word press release: "I'm back." The deathless Rocky franchise aside, the "sweet science" seems to specialize...
...never about the money. We just wanted water.' RICHARD KENNEDY JR., of Zanesville, Ohio, after a jury ruled that city officials denied a mostly black neighborhood access to public water for nearly 50 years; the case's 67 plaintiffs were awarded a total of $11 million...
...government has made ambitious plans to tackle the problem head-on. French Health Minister Roselyne Bachelot announced that she would scrap France's relatively permissive rules on sales of alcohol to youths. She told the Sunday paper Journal du Dimanche that she would impose a "total prohibition of alcohol sale to minors" by early 2009, and would also ban open bars during celebrations. Open-bar bashes - where participants can drink unlimited quantities of alcohol in exchange for a flat fee - have become, Bachelot says, a "classic element of student parties that encourages binge-drinking." All that underage chugging, Bachelot says...
What's at stake is billions of dollars in lost tax revenue. According to the Senate, experts estimate that the total loss to the Treasury from offshore tax evasion could be as high as $100 billion a year, including $40 billion to $70 billion from individuals and some $30 billion from corporations. Of course, there are legitimate reasons to have offshore accounts. "The super-rich aren't born into the category of being tax evaders," points out John Christensen of the Tax Justice Network. In the coming months, however, we're likely to find out a lot more about...