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...SQUIBB's acceleration of its anticancer drug Taxol, in part because Bristol-Myers Squibb took a curious interest in amending the Endangered Species Act to enable more harvesting of the yew tree, whose bark produces the active chemical agent in Taxol. SmithKline's suspicions were strengthened in the early '90s when it noticed an increase in the number of oncology positions listed in help-wanted ads run by its competitor in trade papers. Bristol-Myers Squibb had also told financial analysts it was investing more money in its oncology unit. In response, SmithKline sped up its own cancer research...

Author: /time Magazine | Title: Sleuths In Suits: Mission: Intelligence | 3/25/2002 | See Source »

...Shamian, the Shaoguan-based Wesleyan missionary John Turner described "a beautiful island, fronted with lawns and flower gardens, with the foreign consular and merchants' houses standing behind them, on either side of an avenue of banyan trees." That quaint scene greets today's visitors, too, thanks largely to late-'90s restoration, a combination of government and private initiatives. All of the old buildings now bear plaques describing their history, which makes a walking tour of the 3-sq-km island both possible and pleasant...

Author: /time Magazine | Title: Detour: Guangzhou | 3/25/2002 | See Source »

Scottish Power is a poster boy for the latest trend in European corporate finance: demerging. The '90s were years of stock market-inspired bulking up - in Europe there were $4.7 trillion worth of mergers and acquisitions as capital markets surged. But now that market valuations have retreated, this is a time of slimming down, as companies look to impress investors by shedding unprofitable or unnecessary divisions...

Author: /time Magazine | Title: The Urge To Demerge | 3/25/2002 | See Source »

...speech among African-American women address issues that are worthy of further investigation. Ultimately, however, The Secret Lives of Girls reinvigorates long-outdated ideas of “good girls” and “bad girls” only to replace them with the ’90s motto, “girl power...

Author: By Rebecca Stone, CRIMSON STAFF WRITER | Title: What We Already Knew About Girls | 3/22/2002 | See Source »

...competition doesn't hurt Euro Disney, timing might - again. As in the early '90s, "the economic outlook for Europe is pretty unclear," says BNP Paribas' Reed. "They're adding something like 50% extra capacity when we've seen both slowing in European economies and several other parks open." Are consumers ready to spring for that three-day, two-night short break at Disney, or would they be just as happy to take the kids for an afternoon at a smaller, less expensive, less splashy park nearby...

Author: /time Magazine | Title: Happily Ever After? | 3/18/2002 | See Source »

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