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ENERGY Kerry would push for tougher emissions standards, which would hurt coal companies like Massey Energy and coal-burning utilities like Southern and FirstEnergy. "Alternative energy sources [Vesta Wind Systems, Tetra Tech] would benefit," says Greg Valliere, Washington strategist at Schwab. Bush's willingness to expand oil drilling in Alaska might help BP and Nabors Industries...
HEALTH CARE Kerry wants to import cheap drugs from Canada, which would hurt stocks like Pfizer, Merck and Eli Lilly. Bush opposes such imports. But hospital firms may do better with Kerry, who wants to expand Medicaid and give more patients the means to pay their bills. "Companies like HCA have been hindered by bad-debt expense," says Wendell Perkins of Johnson Family funds. "We like HCA anyway, but a Kerry win would make it more attractive...
...just of two speeds but a whole gearbox, including reverse. Whether that would be such a bad thing depends, of course, on what you expect of the E.U. The truth is, the E.U. already operates at several speeds. Britain remains outside the euro zone but that hasn't hurt the British economy (indeed, maybe it's helped) or the euro. E.U. member states bitterly disagreed about the war in Iraq, but still managed to agree on their new constitution. Clearly, traveling at different speeds doesn't mean that the European project comes to a halt. But if the E.U. wants...
Long after Reagan was restored to health, the effects of the attack lingered. "There was a certain sadness," said one of his old friends, former Senator Paul Laxalt. "You could see it in his eyes. It wasn't just the physical pain. I think that he was deeply hurt, emotionally, that this could happen to him." Reagan was reluctant to admit any such hurt, but he did acknowledge to an interviewer that it had been a "reminder of mortality and the importance of time." Beyond that, he liked to say, "God has a plan for everyone...
Under pressure from foreign competition, and with the antitrust lawyers looking the other way, Wall Street tumbled into a fever of mergers, leveraged buyouts, massive restructurings and corporate raids. It was painful, it was chaotic, it hurt a lot of workers, both blue and white collar. But in the end it seems to have produced a more competitive economy, with companies more nimble, more responsive to customers and more innovative, even if their workers felt less secure or loyal. The 1980s shakeout helped prime the economy for its leap into the high-productivity, technology-fueled boom of the next decade...