Word: boom
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...Huge investments in research are particularly important now as firms try to establish reputations in a budding field that's expected to be the boom industry of the 21st century. Consumer trust will be key for biomed firms as they enter a period in which their products will become entangled in an ever-deepening web of philosophical questions. Over the course of the century this field is expected to increasingly have an impact on the length and quality of our lives, and, through genetic engineering, even alter who we are. To get there, the pharmaceuticals are following conventional corporate wisdom...
Generally, the underlying motives behind this community service boom are genuine, discounting resume builders and medical school sharks, that...
...With the boom in divorce since the 1970s, all 50 states have granted grandparents statutory rights to petition the courts for visitation with grandchildren. Judges will generally grant visitation if it is deemed in the best interest of the child...
Second, the Federal Reserve is expected to tighten rates, maybe even dramatically, to try to cool off the consumption boom. An aggressive tightening could wreck whole sections of this market, from cyclical industries like coal and steel and copper companies to banks and savings and loans. Cyclicals need low rates to keep the expansion going. Financials rely on the spread between short rates and long rates for much of their profits, and if the Fed takes up short-term rates, their margins will be squeezed and their earnings could disappear...
DIED. BILL BOWERMAN, 88, track coach and Nike co-founder, who sparked the '70s jogging boom; in Fossil, Ore. In 24 years at the University of Oregon, Bowerman coached Steve Prefontaine and the 1972 Olympic team, and used his wife's waffle iron to develop Nike's revolutionary running sole...