Word: shapely
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...hope that when the smoke clears from the Iraq thing, more attention would be given to Rumsfeld's ideas." BILL CLINTON, former President, on the need to incorporate the Defense Secretary's views into discussions on the future shape of the U.S. military...
...Bush White House. "Now he has to translate that back to domestic issues, to the things people are going to care about in November 2004. If he can, he'll win. He may even win big. If he can't, and the economy is still in bad shape, all bets...
...Association of America (M.P.A.A.). "I didn't preside over this movie industry to see it disintegrate like the music industry." Them's fightin' words, and the battle lines are being drawn. Two landmark legal decisions last week, one in favor of the entertainment industry and one against it, will shape the way we deal with digital movies and music for years to come. The only thing left to decide is which side of those battle lines...
States are in terrible financial shape. Investors are worried--especially with tobacco-bond income imperiled--that states won't be able to service their other bonds. Meanwhile, the Bush Administration's push to cut taxes on stock dividends could make tax-free bonds less attractive. As a result, yields on the best-quality tax-free munis have reached a rare parity with those of taxable Treasury bonds. In both cases you can get about 4% on a 10-year issue. A T-bond would have to yield 5.7% to generate the same after-tax income as a 4% muni...
...hesitant to spend money on a virus that could disappear soon. That means most of the research is left to the cash-strapped public sector, and progress is slow. Even the most optimistic researchers believe a vaccine will take two years to develop?assuming the virus doesn't shape-shift as readily as HIV, making it almost impossible to produce a one-size-fits-all vaccine...