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To: Elwood P. Dowd who wrote (93838)11/26/2001 10:53:34 AM
From: Night Writer  Read Replies (2) | Respond to of 97611
 
Urgent: U.S. Economy Enters Recession: Official

WASHINGTON, Nov 26, 2001 (Xinhua via COMTEX) -- The National Bureau of Economic
Research (NBER), the arbiter of U.S. business cycle, announced Monday that the
United States entered a recession in March, ending a ten-year expansion.

NBER's dating committee, composed of academic economists from Harvard, Stanford
and other prestigious universities, posted its decision on its Web site.

It ruled that the long expansion ended in March and the nation's 10th recession
since the end of World War II began at the same time.

The U.S. economy declined 0.4 percent in the third quarter of this year and most
economists are projecting a deeper contraction in the current quarter.



Copyright 2001 XINHUA NEWS AGENCY

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To: Elwood P. Dowd who wrote (93838)11/26/2001 11:46:40 AM
From: Night Writer  Read Replies (1) | Respond to of 97611
 
El,
I heard JK Rowling could not find good books for her children to read. She has filled a great need and become wealthy in the process. Maybe we should try our hand at writing. I can write the stories and you can correct my bad spelling and grammar.<G>
NW
JK Rowling set to become wealthiest writer

Nov 26, 2001 (M2 Best Books via COMTEX) -- JK Rowling, the creator of the Harry
Potter series, may become the wealthiest name in literature.

Rowling, who has sold 124m books worldwide, will reportedly receive more money
from merchandising than she will earn from author's royalties. In addition to a
down-payment of GBP40m, the author earns 5p (GBP0.05) for every GBP1-worth of
Harry Potter merchandise sold.

On top of the merchandising and book royalties, Rowling is believed to be
receiving 1% of the box-office takings of the new Harry Potter film, in addition
to a down-payment of several million dollars for the film rights, reported The
Sunday Times.

((Comments on this story may be sent to info@m2.com))



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