Tuesday, September 16, 2003

Morning memo



Today's number: $50 million

What Louisville-based Yum Brands Inc. plans to invest in Mexico in the next four years while expanding its local restaurant network of KFC, Pizza Hut, Taco Bell and Long John Silver's to 1,000 units from 410.

Today's career talk

Is could be better the enemy of this is good enough? Yes, suggests Matt Weinstein and Luke Barber in Work Like Your Dog: Fifty Ways to Work Less, Play More and Earn More. "If we could just remember, several times a day - whatever we are doing - to take a deep breath and repeat to ourselves: This moment is good enough, perhaps we could cure some of the chronic dissatisfaction that so often haunts us," he says. "The quality of our life would be very poor if we do not know how to be here now."

Today's mover

Rachele Thomas has been named business development officer, business banking at KeyBank in Cincinnati. Thomas is responsible for developing new business and expanding existing client relationships by proactively reviewing their current and changing financial needs. She is a board member of Prevent Blindness Ohio, LaBlond Boys and Girls Club, and Special Olympics.

Today's money tip

Uneasy about taking the plunge into stocks, bonds or mutual funds?

There are plenty of places to go to learn about the various investment options, especially books specifically targeted to the small or first-time investor. One title that can help you learn about the markets before you begin to build a portfolio is If You're Clueless About the Stock Market and Want to Know More, 2nd ed. by Seth Godin, published by Dearborn Trade in 2001 ($17.95). It describes market investment tools, terms and how to begin investing.

Today's company: Ohio Renaissance Festival

FIELD OF DREAMS: Peter Carroll, who owned the Atlanta Renaissance Festival, wanted to establish a similar event in Ohio. He spent several weeks driving around Warren County without finding a suitable spot. The night before returning to Atlanta, he saw a 105-acre soybean field near Harveysburg and bought the site the following day. He has since added 85 more acres. Carroll has also sold the Atlanta festival.

MORE MERRIMENT: The festival debuted in 1989 and has grown steadily, expanding from six weekends to nine weekends. Three mid-week student days bring about 30,000 children and their teachers each year. Each season, the festival, which takes place in a permanent Tudor-style village, adds new attractions and new theme weekends.

MULTI-USE FACILITY: A natural hollow near the parking area will become an amphitheater as Carroll pursues plans to make Renaissance Park a concert venue at other times of year. He will schedule a variety of performers, from Christian to country to jazz.

PICK YOUR PLEASURE: This year's Renaissance Festival began Aug. 23 and continues weekends through Oct. 19. Themes include a "Come as you were" weekend, Oktoberfest weekend and Highland Fling weekend.




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