Word: bristols
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...precious, Stanley is anything but. Growing up in the Clinch Mountains of Virginia in the 1930s, he learned the banjo from his mother while his brother Carter took guitar lessons from the mailman. The Stanley Brothers were naturals, and soon they were performing live out of a Bristol, Va., radio station and recording for Columbia. At one point, they were the biggest act in Appalachia not named Bill Monroe...
...Private equity firm Hicks, Muse, Tate & Furst is hiring former U.S. Secretary of State Henry Kissinger to help it build a European strategy. Hey, it worked for Nixon. Aggressive Treatment It might be time for the drug industry to pop an anti-anxiety pill. Twenty-nine U.S. states sued Bristol-Myers Squibb, alleging it blocked cheaper versions of its breast-cancer drug Taxol. The Banking Blues UBS Warburg will cut 10% of its London investment bankers because of the industry-wide downturn in trading. This is only the latest round of cuts to hit the financial sector, which lost about...
CINDERELLA SYNDROME It may be good for the soul, but researchers say housework doesn't do much for the heart. University of Bristol scientists studied 2,341 British women ages 60 to 79 and found that heavy housework--vacuuming, washing windows and floors--had no effect on their health or weight. Women who spent 21/2 hours a week doing such chores may have burned extra calories but were neither less obese nor had lower resting heart rates than those who did no cleaning at all. --By Sora Song...
SmithKline Beecham, now part of GLAXOSMITHKLINE, anticipated BRISTOL-MYERS 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...
...Wainhouse Research, which tracks the industry. Auxiliary businesses also did well. Telecommunications companies like Verizon and Southwestern Bell, which provide the digital ISDN lines that are used for 80% of videoconferencing communication (at about 60[cents] per minute) posted more than $3.6 billion in videoconferencing-related sales last year. Bristol-Myers Squibb alone logged 2 million minutes in videoconferences (which in turn saved the company hundreds of millions of dollars in travel expenses). Wainhouse projects that revenues for connection services related to videoconferencing will top $8.6 billion...