Word: sectored
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...NAME, TEAM] Asim Abdullah, Commerce One [SOLD*] $81 million [CURRENT**] $148 million [INDIVIDUAL STATISTICS] Vice president of B2B player lightens up; sector crumbles...
...stem cells from discarded embryos is morally akin to removing organs from dead people for transplant. Also, the National Institutes of Health has seized on a possible loophole. In their view, federally funded scientists can do research on stem cells as long as someone else--say, in the private sector--actually dismantles the embryos. Most important, a small but influential group of Republicans and Democrats on Capitol Hill has started pushing for a relaxation of federal policy...
Under the original terms of the sanctions, the U.N. banned all trade with Iraq and froze all Iraqi assets overseas. Although food and medicine were theoretically exempt from this scheme, the country could not pay for such imports without export earnings. Moreover, since every sector of the Iraqi economy depended on foreign machines and parts, the Iraqi government could not repair electric, telephone, water, road, or sewer networks that had been destroyed during the Gulf War and the previous eight-year war with Iran. As a result of the economic collapse, Iraqi civil servants now earn about $2.50 per month...
Diversifying ensures that you won't suffer too much if one sector of the market tanks and that you won't get left behind if one sector takes off. It's a confidence builder that, like turning off the tube, makes you less likely to sell when stocks dip--O.K., plunge--giving others the benefit of temporary low prices. Consider: many days this year, the Dow has been up when the NASDAQ was down, and vice versa. In the past 30 days, a tech-only portfolio might easily have lost 30% to 50% of its value. Yet if that portfolio...
...longest-serving administrator of the U.S. Environmental Protection Agency (EPA), Carol Browner described the convoluted history of federal responsibility for protecting public health through the assurance of a safe physical environment. So far, the success story has been defined by the national mediation of parochial arguments between the industrial sector and determined environmental activists, with occasional but costly lawsuits filed against the EPA by both sides. This trend will likely continue far into the term of the next EPA administrator whose style and mandate will be determined, in part, by either Al Gore '69 or Texas Gov. George W. Bush...