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Metro Spotlight: Phoenix, Arizona

City of the Future Strategically positioned in the Southwest, the Greater Phoenix area is one of 10 U.S. markets projected to experience 85% of the nation’s growth over the next 35 years. Greater Phoenix, which consists of the City of Phoenix, much of the rest of Maricopa County, a large section of Pinal County, and small parts of southern Yavapai County, currently is the 13th largest area in the United Sta ...

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60 Seconds with Kathleen Ellis, Senior VP, Chubb & Son

Kathleen Ellis, senior Vice President of Chubb & Son, also is the firm’s Multinational Risk Group manager of Global Accounts. BF: Why is it riskier for small businesses, compared to large companies, to invest or relocate overseas? KE: You need resources to manage risk. Larger companies often have the people and capital they need to navigate the global patchwork of different laws and languages, currencie ...

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Philadelphia success story

In June, we took note in this space of Sheriff John Green of Philadelphia's refusal to enforce court-ordered foreclosure auctions in the city. The soul-searching stance of Sheriff Green (we called him ''Not the Sheriff of Nottingham'') prompted city officials to set up a unique program to facilitate negotiations between financial institutions and homeowners in danger of losing their property to foreclosure. ...

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Save U.S.

Here's the understatement of the year for you: The United States is in some pretty deep trouble. As our presidential nominees debate whether or not to have a debate tomorrow, our current head honcho, George Bush, broadcast himself into our living rooms to tell us "our entire economy is in danger." Thanks, W, for that update from the Department of the Obvious. He must still be trying to determine how many ze ...

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Hydrogen-powered road test

When you turn the ignition key in your car and nothing happens, the first thing most of us do is get out and check the battery. Well, if you happen to be sitting behind the wheel of General Motors' hydrogen-powered Chevy Equinox, don't bother. Just wait for the red light on the dashboard to turn green -- that's the only way you are going to know that this car of the future is ready to roll. We were invited ...

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Bridge to nowhere

In one of our favorite Honeymooners episodes, Ralph Kramden's buddy Ed Norton is bragging about an investment he just made in a new firm called ''Merrill Lynch Pierce Fenner and Ziggy.'' The guy who sold him the shares was Ziggy. Ziggy worked in the sewer with Norton. This week, the U. S. Treasury gave an $85 billion loan to the largest U.S. insurance giant, AIG, to keep it from collapsing. According to U.S ...

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Rebuilding of World Trade Center site is still years away

Within months of the hideous terrorist attack in 2001 that destroyed the World Trade Center, state and city officials in New York unveiled ambitious plans to build five new skyscrapers, a solemn memorial, and a gleaming new transit hub designed by Spanish architect Santiago Calatrava at the 16-acre site that is known as Ground Zero. The plans called for two reflecting pools that would sit atop the Twin Towe ...

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Cali is Growing Smarter by the Mile

When I was an undergraduate student in Bethlehem, PA, I made a friend from California who told me something I still remember to this day: "You belong in Los Angeles." I didn't understand fully what she meant, and she didn't elaborate. I had always been an East Coast guy—raised at the Jersey shore, and spending a lot of my teenage years and early twenties in the glorious frenzy of Manhattan. But shortly afte ...

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