| Kraintz says "parallel street" could help
Manchester wants to revitalize its Historic Town Center commercial and retail area, south and north of Manchester Road between Highway 141 and Sulphur Springs Road.And an initial conceptual proposal presented to the Board of Aldermen calls for a secondary 3,000-foot "parallel street" in the area of Second and Park streets, just south of and parallel to Manchester Road, to allow better access to businesses and to allow customers to avoid traffic snarls on Manchester.Franz Kraintz, the city's director of planning, zoning and economic development, told the board July 16 a revitalization plan stems from the city's 2003 comprehensive plan and is geared to pursue economic opportunity in the city's commercial corridor.He said the new road would create a "main street" within a proposed central business district that would have street-level retail stores with offices or homes on second and third stories.An entry, or "slip" ramp, could lead to the new road from Manchester and allow traffic to slow down when entering the parallel road, "which would be our Historic District gateway, featuring open space and plazas, and wide sidewalks and a lot of landscaping," Kraintz said.
WARREN PIECE: Warren County starts Quest for leaders
Vince Lombardi once said, "Leaders aren't born, they are made. And they are made just like anything else, through hard work. And that's the price we'll have to pay to achieve that goal, or any goal."Over the next eight months, a group of people will take time out of their workday every two weeks to help make leaders in Warren County."The whole idea is developing community-based leadership," said Shelley Rowe, community development specialist with the Warren County University of Missouri Extension Office."They can take those skills back and benefit their employer, but it's also to develop a group of people who will look at changes in the community and what changes do we want to take place in our communities," Rowe said.The program, called Quest, is sponsored by the Warrenton Area and Wright City Area chambers of commerce.
Asia has nothing to fear except monsters
SYDNEY - Asia has limited exposure to the US subprime loans fallout, so we can all take a ringside seat while Europe and North America sort through the debris. Right? Wrong.
It's true that the tsunami rippling through the lowest and riskiest level of US mortgage lending has no direct bearing on this region. Asian stocks have been oversold in the equities fallout and logically their markets should by now have become safe havens for nervous investors.
But crises have a way of breeding paranoia and sapping consumer confidence long after the initial bruising has subsided,
even when most stockholders are mere spectators in a drama being played out on distant shores.
Asian banks are more equipped than most to handle credit strains, having spent heavily on improved risk-management and regulatory systems after the 1997-98 East Asian economic meltdown.
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WARRENVILLE, Ill. — When he was ready for high school, Dee Kapur's parents made a decision that would have a direct and long-lasting impact on his life — and although they didn't know it at the time — the American automotive and trucking industry. And they didn't even live in the United States. "I finished high school in India. It was a boarding high school where you are a Catholic boy in an all-male school," said Kapur, now president of the truck group of International Truck and Engine Corp. "It was up in the mountains and you were sequestered for nine months of the year and your parents would visit maybe two or three days during that time. So you sort of develop a drive to break out in some fashion and do something different." And break out he has, deciding to leave his native country as a young man and seek his life's work in the U.S.
Daytime dial
"All My Children" Kendall faced a new challenge when she learned Spike is deaf. J.R. blew Ava's cover, and Lenny took them both hostage. Annie appeared to be hiding something from Ryan about her childhood. Lily was relieved when Ava and J.R. were rescued. Aidan held Greenlee captive and showed her the consequences of what she'd done. Erica demanded Jack choose between her and Greenlee. Zach continued to hold Ryan responsible for the damage Greenlee had done. Watch for: Annie goes off on a mission. Greenlee tries to make amends. "As the World Turns" Meg changed her mind about aning her marriage to Craig. The WorldWide board members felt confident in Meg's ability to lead them. Rosanna awakened from her coma, and she and Paul planned their revenge on Craig.
Investing in a dead certainty
A fund through which you can buy up the life insurance policies of rich Americans. Whatever will the financial world dream up next? John McCrone reports. Here is a rock-solid investment you have probably never considered. What about buying up the life insurance policies of rich, elderly and soon-to-die Americans? Welcome to life settlements funds, the newest and perhaps most unsettling asset class to hit the investment world. The proposition is a little ghoulish. Find someone who wants to cash in a life policy worth a million bucks or more. Get a couple of doctors to certify the person really does have some life-threatening condition that will cause him to pop his clogs within a reasonable time frame. Pay the person about a third of the face value of the policy to take it over.
Alexander M. Jackson, not a proud New Mexican
Alexander Melvorne Jackson is little noted by New Mexico historians in spite of the fact that he served as the number two ranking administrator in territorial New Mexico. President James Buchanan named him territorial secretary in 1857 and he held the job until the Civil War began. Secretary at the time was a position second only to the territorial governor. There was no such office as Lieutenant Governor. The job paid well, too; $500 per quarter. Two thousand dollars per year was a considerable sum at the time.A. M. Jackson was born in Ireland, but immigrated to the United States -Alabama- as a young child. He moved on to Tennessee and then to Ohio where he took up the study of law. Back in the south - Mississippi - he began the practice of law in 1842. He also helped edit the Ripley Advertiser.
India's outsourcers move to the next level
MUMBAI - "Join the competition before it becomes serious competition" seems to be the hot new strategy for India's business processes outsourcing (BPO) industry, with global leaders such as Wipro - India's third-largest software company - setting up its own BPO centers in countries such as China, Romania, the United States and Egypt.
The seller turning buyer gives an intriguing twist to the global outsourcing business, worth US$930 billion last year and
expected to grow at 15% annually to amass $1.4 trillion by 2009 and dominated by India. That domination is under threat, and the empire is striking back.
T K Kurien, Wipro's chief executive officer for BPO, told the media that his company is setting up two Chinese BPO centers, in Shanghai and Chengdu, to provide accounting and financial services by next month.
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