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...formerly top-secret Yuri Gagarin Cosmonaut Training Center in Star City outside Moscow; that's a giant leap from 2003, when only three people redeemed. Space Adventures' first client was American businessman Dennis Tito, who paid $20 million of his own money to go to the International Space Station aboard a Russian Soyuz spacecraft in 2001. It's the ultimate travel high. tel: (1-888) 857-7223; www.spaceadventures.com

Author: /time Magazine | Title: Out Of This World | 10/23/2005 | See Source »

More than 20 hardware manufacturers plan to release the first generation of DVD players this spring (probable asking price: $500 to $1,000), and computer makers are scrambling to produce new PCs equipped to play DVD-ROMs. What's less clear is how quickly Hollywood studios will clamber aboard the DVD bandwagon and release their movies on the untested new format. DVD's raison d'etre, after all, is to send VHS tapes and laser discs, the studios' cash cows, the way of all eight-tracks. This week's blizzard of dvd-themed press releases at the Las Vegas show...

Author: /time Magazine | Title: BIZWATCH: Jan 13, 1997 | 10/20/2005 | See Source »

...recently putting the finishing touches on Japan's next small step. In a gigantic clean room the size of a warehouse, Hasegawa oversees the assembly of the $3.25 billion Japanese Experiment Module (JEM), Japan's contribution to the International Space Station (ISS). After the module tubes are finished, launched aboard a space-shuttle flight sometime in 2007, assembled and attached to the ISS, three Japanese astronauts will live in the JEM for three to six months at a time. "This is an essential opportunity for us to develop new technology for manned space travel," Hasegawa says. In addition to numerous...

Author: /time Magazine | Title: Asia's Space Race | 10/10/2005 | See Source »

...Aboard the ferry, local businessmen wheel and deal and sometimes talk like visionaries. Henry Smith, the man in charge of federal No Child Left Behind programs in St. Bernard, daydreams about building schools on stilts with dorms above them for shelter during hurricane season. Right now, he's just hoping to turn an old Wal-Mart into classrooms for some of the parish's 8,500 students. Builder Terry Tedesco, who sold pricey half-acre lots in his Woodlands development before Katrina flooded him out, is pitching ready-built homes for $150,000. "Why rebuild a house that...

Author: /time Magazine | Title: The Rebuilding: Starting from Scratch | 10/9/2005 | See Source »

...enable the Defense Department to become the lead agency in coordinating and leading the response effort? That's going to be a very important consideration for Congress to think about." If reporters in the room didn't get the message, White House Press Secretary Scott McClellan reinforced it later aboard Air Force One as the president winged home from his trip to Colorado, Texas and Louisiana...

Author: /time Magazine | Title: Bush Mulls More Work for the Troops | 9/25/2005 | See Source »

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