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Heyworth saw in Palin a potential ally against Murkowski, who was negotiating behind the scenes with major gas producers to build a pipeline across Canada--a move that critics feared would give too much away. Palin doubled down on her support for her friend's "all-Alaska gas line," and she soon appeared in full-page newspaper ads across the state, standing between a pair of popular former GOP governors who were also wary of Murkowski's ties to the Big Three. "There was Sarah Palin running with the big dogs," recalls John Bitney, a longtime GOP operative...
Palin trounced Murkowski in the 2006 GOP primary. Facing former Democratic governor Tony Knowles in the fall, she shifted her pipeline position to "look gubernatorial," recalled Bitney, who served as her policy director. The original "all-Alaska" option excluded any role for the major producers. But they, after all, had the gas and the capital needed to build and operate their own pipeline. So Palin took a more inclusive stance in the general election, favoring open competition for anyone, including the major producers, who were willing to meet certain criteria for a pipeline...
...today. But it won't get there without a fight. Crosstown rival Novartis is also revamping how it does R&D and holds a 13% stake in Alnylam. U.K. concern GlaxoSmithKline already underwent its own re-engineering, and the results are evident. In 2000 its pipeline had two major prospects; now, stocked with 34 late-phase drugs on the horizon, it appears to be one of the industry's healthiest...
...authors' extensive research takes in the 750 most significant business failures of the past 25 years. (Failure is defined as "writing off major investments, shuttering unprofitable lines of business, or filing for bankruptcy.") The main reason for these flops, they found, was usually a bad strategy: "Once launched, the strategies were doomed to fail, and these failures probably could not have been prevented by even spotless execution...
Citing support from both major presidential candidates, a conservative alumni organization called for the return of the Reserve Officer Training Corps to Harvard and four other universities in letters to the schools’ governing boards last week...