Word: capping
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...beaten-down cyclical stocks like home builders and retailers, which will rebound with a recovery. Some stocks in these groups have risen sharply in the past year, especially utilities, so pay attention to valuations. Or you can diversify easily through value-oriented mutual funds, like Clipper and Berger Small Cap Value...
...Lott is trying to outmaneuver McCain, perhaps by preempting his bill with one that Hagel has crafted - a rival measure that conservative Republicans find more palatable. Instead of an outright ban, Hagel's measure would put a cap of $60,000 on the soft-money contributions a business, union, PAC or individual could make in any year. The Nebraska senator says he's having "serious discussions" with Bush aides on fine-tuning the measure so the new President might back it. McCain could also be derailed with a little presidential pressure. Some of the GOP senators supporting his bill might...
...punches Dodger catcher Chad Kreuter, steals his cap, igniting player vs. fan brawl...
Like many great ideas, it was conceived by someone without the good sense to know it was impossible. In mid-1999, the laid-back, 18-year-old Northeastern University dropout Shawn Fanning--nicknamed "Napster" for the nappy hair under his omnipresent baseball cap--holed up for days without sleep in his uncle's office, tapping out code for a music-swapping program. He didn't realize that the task was too hard, that people were too selfish to share, that big companies would shut him down. By the end of 2000, Napster had upended music's business model, survived...
Critics of the salary cap say that if a team does not generate fan support, it therefore should not be competitive. Yankees fans will argue that the reason their team wins is because their fans pay up and sell out their games. They point to the lowly crowds that amass in Minnesota, Oakland, and Montreal, saying, "see, no one cares there! They're not entitled to a good team...