"Death Sentence." After ten years, private utilities finally got Section 11 (the "death sentence") of the Public Utility Holding Company Act of 1935 before the U.S. Supreme Court. Under the Act, the Securities & Exchange Commission has already divorced 344 subsidiaries (total assets: $4.3 billion) from their parent holding companies. But Wall Streeters have only a slim hope that the Court would kill the death sentence.
Hot & Cold Bedfellows. General Electric Co.'s new electric blanket may end squabbles over the temperature of the marriage bed. The metabolism (i.e., heat production) of men is 17% higher than that of women,...
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