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...would like to make a breakthrough in commercializing manned space travel, it's not clear that the project could generate sufficient revenue to make it viable," says TIME space correspondent Jeff Kluger. "Profitability comes from volume, and there's only one Mir. Right now the profits for the private sector in space still lie predominantly in unmanned space flight...
...paper tiger. The economy grew 4.1% last year and even faster in 1998, yet aside from oil prices there has been no inflation to speak of. Meanwhile, amid all the angst about overheating, there are signs of a slowdown, most noticeably in the crucial housing sector. The dollar is in fine shape. And while rising oil prices have skewed the Consumer Price Index to a three-year high, the core rate is up a very modest 2.1% for the past 12 months...
...improving success rate is bolstering the case for biotech. "More than half of all new drugs approved today are coming out of the biotech sector," says Jim McCamant, editor of the Medical Technology Stock Letter in Berkeley, Calif. Some 350 biotech products are in trials, and more than 100 are on the market. Among recent blockbusters: Herceptin, a breast-cancer treatment from Genentech, and Enbrel, an arthritis medication from Immunex. Yet a few standouts hardly guarantee the success of an entire industry. That's where gene mapping becomes critical...
...understand why. Wednesday, the federal government agreed to pay $508 million to 1,100 women who charged the venerable, pro-democracy public radio service with gender discrimination back in 1977. The gigantic cash settlement represents by far the largest disbursement in any discrimination suit in the public or private sector. Each of the plaintiffs claims she was denied job opportunities or promotions within the radio service on the basis of her gender. Some women even recounted verbatim exchanges in which they were told, "It's not good to have too many women around...
...being created outside of the tech arena--and banks may be the most compelling. "If they're not, my family is way overinvested," quips Tom Johnson, CEO of mortgage lender Greenpoint Financial, whose stock has tumbled 60% and now carries its lowest PE ever, 7. Johnson says the whole sector carries "disaster prices" with no disaster in sight...