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1/7/2009
Wednesday morning
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| also called Rediscount Rate, or Bank Rate, interest rate charged by a central bank for loans of reserve funds to commercial banks and other financial intermediaries. This charge originally was an actual discount (an interest charge held out from the amount loaned), but the rate is now a... |
| It was survival of the fittest for retailers in 1996, a year marked by mergers, takeovers, and cutthroat competition. Big companies got bigger by gobbling up rivals, opening new stores, and expanding into international markets. Smaller chains scrambled to boost sales by offering new products and services. Companies that did not adapt quickly... |
| Even before 1993 drew to a close, it brought down a deluge of bad news on the heads of U.S. pharmaceutical industry executives. The image of the big companies as blue-chip, inevitably profitable cash cows for investors was smashed. The first blow was delivered by Pres. Bill Clinton's national health plan, which presented a real threat to... |
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| With very few exceptions, in order for a drug to affect the function of a cell, an interaction at the molecular level must occur between the drug and some target component of the cell. In most cases the interaction consists of a loose, reversible binding of the drug molecule, although some drugs can form strong chemical bonds with their target... |
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