Word: stems
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...stocks falling 9%. Both sectors, finance and housing, are at the heart of the goverment's efforts to address the financial crisis. On February 10 Treasury Secretary Timothy Geithner unveiled a multi-pronged plan for troubled banks, and on Wednesday President Barack Obama announced a $275 billion program to stem foreclosures and support the housing market. Today's stock market action suggests investors are still in doubt about the potential efficacy of both plans. Defensive stocks showed modest relative strength on Thursday: shares of consumer staple companies were...
...including former president George W. Bush, is against stem-cell research. It's embryonic-stem-cell research that's debatable. The Bush Administration's stem-cell restrictions were a result of Bush's courage to enact policies that reflected his belief (shared by many) that life begins at conception. It's because of these restrictions that scientists discovered the exciting potential of other types of stem cells. Diann Claassen, TEMPERANCE, MICH...
...year time span—will also slow. She added that Harvard will “develop options for interim improvements to [its] existing properties” as well as deliver on its previously agreed-upon community benefits. Harvard programs promised space in the complex, such as the Harvard Stem Cell Institute and the much-heralded Department of Stem Cell and Regenerative Biology, would instead move into renovated spaces in Cambridge, according to the statement. —Staff writer Peter F. Zhu can be reached at pfzhu@fas.harard.edu
...likely that investors will be reluctant to bet on nascent signs of improving credit so long as the housing market remains in turmoil. On Wednesday morning President Obama and Treasury Secretary Timothy Geithner will appear at a high school in Arizona to unveil their new plan to stem the tide of housing foreclosures. The financial community's response to that plan will likely be writ large in the stock market averages by late morning...
...This is not the first time Collins and Snowe have broken ranks with their party. They have often found themselves at odds with the GOP leadership on taxes, budgets, the environment and social issues. They have both voted for stem-cell research, against a constitutional ban on same-sex marriage, for giving illegal immigrants a path to citizenship and against a ban on partial-birth abortion. They also both voted to acquit Bill Clinton after he was impeached...