Word: warren
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Tucked deep in a tangled warren of dusty alleyways, the golden dome of the Imam Ali shrine gleams in the afternoon sun. Its shining twin minarets reflect light on the ornately painted tiles that cover every surface not faced with gold. But the Old City ringing the glorious shrine, where millions of Shi'ite faithful come on pilgrimage, has been battered by three weeks of savage battle into a blasted warscape of empty, broken buildings. With the dramatic intervention last week of the Shi'ites' most revered leader, Grand Ayatullah Ali Husaini Sistani, 74, the domed shrine was saved...
Another kind of buyer is financier Warren Buffett, who has planted a cornerstone in the market. Last year Buffett's company, Berkshire Hathaway, spent about $1.7 billion to acquire Clayton Homes, a manufactured-housing company in Tennessee that had sales of $1.2 billion in 2003. This year Clayton, in turn, spent $373 million to acquire Oakwood Homes, which offers a mix of modular and more traditionally manufactured homes. The lower end of the prefab industry is recovering after a wave of defaults resulting from overzealous lending. With interest rates climbing, more customers may now opt for relatively inexpensive manufactured homes...
marijuana was discovered in the quad of the Warren Alpert Building in Longwood. An officer removed the plant and brought it into the station for further investigation. It was determined that the plant was not marijuana...
...this year the Financial Accounting Standards Board voted to require companies to treat them as an expense, making clear a cost that had been relegated to the footnotes. The tech world, which claims it needs stock options to attract good employees, has led the opposition. No lesser lights than Warren Buffett and Alan Greenspan have endorsed expensing. Here's the rub: surveys show that if options must be expensed, nearly half the companies with broad plans will cut back grants to the rank and file, while only a handful will cut equity-based compensation to executives. "We'd have...
...statements" that might "impede military success." During World War II, FBI Director J. Edgar Hoover and President Franklin Roosevelt wanted to use sedition charges to suppress black newspapers, claiming they undermined the war effort with reports of racial dissension and demands for civil rights. It took Chief Justice Earl Warren's Supreme Court on March 9, 1964, in The New York Times Co. v. Sullivan, to finally declare unconstitutional the Sedition Act of the Adams Administration. Though the act had expired under Jefferson's Administration, the court's action buried that particular threat to free speech once...