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ENERGY Kerry would push for tougher emissions standards, which would hurt coal companies like Massey Energy and coal-burning utilities like Southern and FirstEnergy. "Alternative energy sources [Vesta Wind Systems, Tetra Tech] would benefit," says Greg Valliere, Washington strategist at Schwab. Bush's willingness to expand oil drilling in Alaska might help BP and Nabors Industries...
EUROBLUES So Sue Me The courts have not been kind to Mario Monti and the European Commission, overturning three of his merger-busting decisions last year, including a union of packagers Tetra Laval and Sidel, and a linkup between travel firms Airtours and First Choice. So the gloom in Brussels must have been thick as a lawyer's wallet when it emerged that another thwarted suitor, France's Schneider Electric, is suing the Commission for more than €1 billion over its blocked bid for rival Legrand. Schneider had completed the €5.4 billion deal for Legrand when the Commission...
...less advanced than you might imagine. "Interpretations [of marijuana research] may tell more about [one's] own biases than the data," writes Mitch Earleywine in Understanding Marijuana: A New Look at the Scientific Evidence, published in August by Oxford. For example: "Prohibitionists might mention that THC [delta-9 tetra-hydrocannabinol, the smile-producing chemical in pot] often appears in the blood of people in auto accidents. Yet they might omit the fact that most of these people also drank alcohol. Antiprohibitionists might cite a large study that showed no sign of memory problems in chronic marijuana smokers. Yet they might...
...took a one-two punch from Bo Vesterdorf, president of the Luxembourg-based Court, in separate rulings that savaged the "errors, omissions and contradictions in the Commission's economic reasoning." The court overturned vetoes blocking two mergers: Schneider Electric's purchase of Legrand and a deal between packaging firms Tetra Laval and Sidel. In June it threw out another case involving two travel firms. The rulings "heaped on the pressure for a change," says Alec Burnside of the law firm Linklaters. And Monti quickly responded by announcing reforms that he hoped would "recover the trust" of the business community...
Zinberg, working with other Harvard researchers, published a study which showed that the active ingredient in marijuana, delta-9-tetra hydrocannibinol, helped reduce nausea and vomiting in chemotherapy...