Word: inhibitive
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Congressional opponents of takeovers hope to keep the raiders from returning to their full glory. The House last week passed a tax bill that, among other things, would put a $5 million cap on interest deductions for debt resulting from takeovers. The measure would inhibit corporate raids, and many Wall Streeters believe the specter of the possible tax change depressed takeover stocks and thus played a role in setting off October's crash. Raiders hope the anti-takeover provision will die in House-Senate conference when lawmakers realize that the tax could drive stock prices still lower...
...people. Result: their LDL levels dropped by 19% to 39%. Although other drugs, such as cholestyramine and nicotinic acid, can reduce cholesterol levels significantly, they seem to work best on people whose levels are not very high. Lovastatin's greater effectiveness, Grundy explains, lies in its ability to inhibit cholesterol production in the liver, preventing further arterial blockage...
...fairness doctrine, critics add, may actually inhibit the free flow of ideas by inducing stations to avoid controversial topics that might stir complaints. Yet it has a diverse corps of defenders, including Conservative Phyllis Schlafly and Consumer Advocate Ralph Nader, as well as most members of Congress. The rule, they argue, is a crucial way of giving ordinary citizens access to the electronic media: broadcast outlets, though more plentiful < today, are still sought-after and expensive properties available to only a few. Nor, they contend has the doctrine had the chilling effect that some claim. Between...
...farming community of Tulelake, Calif., scientists in canary yellow overalls clambered aboard a tractor last week and began what looked like a workaday farmyard chore. They were planting ordinary potatoes, 2,000 tubers in all, that had been treated with an extraordinary additive: a genetically altered bacterium designed to inhibit the formation of frost. This experiment -- and a similar one performed only five days earlier -- marked a turning point in the efforts of scientists to apply the advances of recombinant DNA technology to agriculture: the first authorized release of man-made microbes into the environment...
...federal level President Reagan has talked of a GROW (Greater Opportunities through Work) program, but has not yet sent a bill to Congress. When he does, it is expected to concentrate on encouraging widespread state and local pilot projects, largely by waiving restrictive federal rules that now inhibit them. In his Saturday radio talk, the President picked up on that theme by inviting Governors to the White House this month to discuss welfare reforms in which states play a greater role. Kennedy is in the game as well. Last week he introduced a bill that would give sizable federal "bonuses...