Word: houston
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Dates: during 1990-1999
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...Fire ants are taking over the entire South," says DeLay, who until last year was the owner of Albo Pest Control in Houston. DeLay studied biology in college and went to work at a pesticide-formulation company in the early 1970s. There he learned that the EPA was banning Mirex, a pesticide that kills fire ants, aggressive interlopers from South America with a painful bite. DeLay, who believes Mirex is harmless, says this was his first exposure to the EPA's blundering ways. He claims that the delicensing of Mirex and another pesticide, chlordane, severely affected his extermination business, costing...
...sharpest blow to multinationals came in the state of Maharashtra, where right-wing politicians on Aug. 3 canceled the largest overseas investment ever made in India-a $2.8 billion electric-power plant that Enron Corp. of Houston was building near Bombay. Enron, which broke ground in March and stands to lose $300 million if it abandons the venture, is seeking talks aimed at permitting work to resume. "This is typically Indian," says Barton Biggs, chairman of Morgan Stanley Asset Management, which runs an Indian mutual fund. "For every three steps forward, they take two steps back...
...common? Chiefly because pharmaceutical companies are reluctant to invest the time and expense to get FDA clearance on new uses for an established drug--especially when the drug's safety has already been proved. Says Dr. Martin Raber, physician in chief of the M.D. Anderson Cancer Center in Houston: "It is accepted practice that once a drug is FDA-approved it can be freely used." But the FDA gets nervous when a drug's unapproved uses overshadow its original purpose. Retin-A cream, for example, was approved by the FDA for the treatment of acne in 1971, but then, much...
...have a bank in Houston and it's really good and I don't have to pay any service fees for checks," Barron says. "I don't have to worry about cashing any local checks so it was just as convenient to use my home bank card than it was to open a new account," she says. "It's a personal choice and it was a lot easier for me to manage my account from home...
...Reported by Tamala M. Edwards/Washington, Deborah Fowler/ Houston, Barbara Rudolph/New York and Tara Weingarten/Los Angeles