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...Hung admitted that the new policy might force students to invest more in other ways of studying for the MCAT...

Author: By Samuel M. Kabue, CONTRIBUTING WRITER | Title: MCAT Score Choice To End This Spring | 2/21/2003 | See Source »

...typically a core source of support for this White House: the business world. The last time the idea was raised, during Ronald Reagan's 1986 tax-reform effort, big corporations actively fought it because they didn't want shareholders to hound them for dividends when they would rather invest the money elsewhere. This time most companies have kept quiet--in part, congressional sources say, because they fear getting on the wrong side of a White House that is known to have a long memory. "The White House is pressuring them," says Congressman Bob Matsui, a California Democrat...

Author: /time Magazine | Title: A Tax Cut's Tough Crowd | 2/10/2003 | See Source »

...roam as widely and fiercely as they have for nearly three years, they can harm even firms whose own shares are doing well. Why? Because in the U.K. almost half the work force subscribes to a corporate retirement scheme - the highest of any E.U. nation. Those funds are overwhelmingly invested in equities, and when the markets tank, firms are hit hard. How hard? Last month, a study by investment bank Morgan Stanley estimated that in 2002, the pension liabilities of companies in the FTSE 100 grew from $330 million to over $108 billion in a single year. The corporate pension...

Author: /time Magazine | Title: Gambling With the Future | 2/2/2003 | See Source »

...long-awaited recovery of 2003 is still stuck at the starting line. ?The economy is in a holding pattern because of Iraq,? says Gus Faucher, senior economist at Economy.com. ?The higher price of oil is putting a pinch on fuel-intensive industries, and other businesses are reluctant to invest until some of the uncertainty clears up.? The Fed concurs, explaining Wednesday that its interest-rate hands were tied because ?Oil price premiums and other aspects of geopolitical risk have reportedly fostered continued restraint on spending and hiring by businesses...

Author: /time Magazine | Title: The Recovery: War is Only the Beginning | 2/1/2003 | See Source »

...Florida started the specialty license plate craze by introducing the “Challenger” memorial license plate. Since then, specialty plates from Florida’s “Save the Manatees” in 1991 to Massachusetts’s “Invest in Children” in 1998 surcharges from the sale of plates have helped state legislatures finance important projects. But worthy causes don’t always get their specialty plates approved so easily...

Author: By Paul C. Schultz, | Title: A License Plate for Life | 1/30/2003 | See Source »

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