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...next wave of M&A, which will almost certainly begin within the month, is one designed at helping troubled companies survive by pressing cost cuts through consolidation of common functions. It is an ugly set of motivations but compelling enough to insure that investment banks can call some of their best deal people and ask them to come back to work...
...Silent" approach: "[The interrogator] says nothing to the source, but looks him squarely in the eye, preferably with a slight smile on his face. It is important not to look away from the source but force him to break eye contact first. The source may become nervous, begin to shift in his chair, cross and re-cross his legs, and look away. He may ask questions, but the [interrogator] should not answer until he is ready to break the silence. The source may blurt out questions such as, "Come on now, what do you want with me?" When the [interrogator...
...military operation, and its aircraft and artillery pounded the sandy patch of land along the Egyptian border in the hope of collapsing them. But as soon as the truce was declared, the diggers got busy again, using shovels and jackhammers to repair tunnels caved in by bombing and to begin burrowing new ones...
...many more rules remain on the books. They include regulations that allow mountaintop-removal mining projects to pollute streambeds with leftover dirt, and a Bush move to begin to permit drilling for oil and gas on the Outer Continental Shelf. Worse, they also include a drastic weakening of the Endangered Species Act, allowing federal agencies to bypass expert advice from federal scientists on whether proposed projects would have an impact on endangered species, essentially cutting the heart out of the act. "The number of regulations where the Bush Administration succeeded far outnumbered the ones where they failed," says Walke...
...trial, which will test a stem-cell-based treatment for spinal-cord injury, will begin later this summer and will use cells generated by Geron Corp. The approval marks the first time human stem cells, extracted and grown from embryos, will be transplanted into patients. Adult stem cells, which are present in many types of tissue, have been used in treatments for years - the most common being bone-marrow transplants in cancer care - but an embryonic study is a whole new thing. There's a good reason it's being greeted with so much excitement. (See the top 10 medical...