Word: stocking
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Dates: during 2000-2000
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...economy. Says Bill Frio, head recruiter for the Los Angeles police department: "We really didn't have a problem increasing our numbers until the economy just went gangbusters. And at that point, we realized that we're in competition with major corporations that can offer kids stock options...
DIED. KENNY IRWIN, 30, up-and-coming stock-car racer; after suffering multiple injuries when he crashed into a wall at the New Hampshire International Speedway--on the same turn that killed 19-year-old Adam Petty two months ago; in Loudon...
Batterson: I feel fairly good. I'm a little concerned that interest rates may tick up more. That could cause the stock market to decline further, which is not good for the investment business...
...called Rigid Airship Design is building a 591-ft.-long dirigible, which it hopes to begin testing at the end of next year. The company aims to carry as much as 30 tons of cargo or 240 passengers. In Berlin a company called CargoLifter launched a high-profile public stock offering on May 30 to fund the building of an 853-ft. colossus--49 ft. longer than the ill-fated Hindenburg. "I've been watching the airship industry for 15 years, and now it's getting very exciting," says Christian Schulthess, who for 20 years was a pilot with Balair...
Probably the best way to lower the tax burden of succession is by gifting shares of stock over a period of years to the next generation. If the business is going to remain in the family and has a sizable worth, gifting should be done over as long a time as possible, Messervey says. A maximum of $10,000 in stock may be passed down annually to each child by an individual. Currently there is a lifetime exemption of $675,000 for tax-free gifts. Any offspring who is not going to be involved in the business can still receive...