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...ExxonMobil, success has bred an odd problem. With oil prices hovering near $50 per bbl. recently, the energy behemoth has been churning out profits. Over the past 12 months (through the end of March), earnings gushed to $28 billion--almost 40% above the previous year--on revenues of $306 billion. With minimal debt, the oil giant, based in Irving, Texas, is sitting on a $30 billion hoard of cash. The problem: What will the company do with all that loot...

Author: /time Magazine | Title: Energy: A Barrel of Cash | 5/22/2005 | See Source »

Still, they take their music extremely seriously, as the behemoth Hindemith symphony they play after the intermission attests. The audience erupted into a standing ovation as the last note rang out, and after several rounds of bowing, the orchestra left the stage. Collins says he was thrilled with the performance, adding with a smile that, despite the initial stumbles, he was never really worried...

Author: By Leon Neyfakh, CRIMSON STAFF WRITER | Title: HRO Comes Alive | 4/22/2005 | See Source »

AUTONOMOUS LAND VEHICLE. A robot-like, driverless device on which work is well in progress. The 15,000-lb. behemoth "sees" through a television camera linked to a built-in computer that matches images to data in its memory and decides which way the vehicle should go. The blue-and-white ALV successfully lumbered down a Denver test track earlier this summer. Though it negotiated the narrow, half-mile course at just 3 m.p.h., that was far faster than in any previous trial...

Author: /time Magazine | Title: Over Hill, over Dale... | 4/18/2005 | See Source »

...weeks later (after bounced checks led to L.A. and Chicago dropping out), but on 52 stations, including 15 of the top 20 markets (L.A. is back, Chicago still MIA). It has added Sirius Satellite Radio to its original XM satellite connection. In February, AAR inked a deal with industry behemoth Clear Channel, which put the network back in L.A., and which plans to bring the Air America format to 25 of its lower-rated AM affiliates...

Author: /time Magazine | Title: Radio: America Still on the Air | 4/5/2005 | See Source »

...scourges and his undaunted denouement was an unsettling second act, as more liberal believers realized that their shepherd could be autocratic, hardheaded and disapproving. For such disaffected followers, John Paul was not unlike another great Slavic moralist, Aleksandr Solzhenitsyn, lionized while his prophetic voice was raised against the Soviet behemoth and less welcome when he turned it on the victorious West. James Carroll, a former priest who has written frequently on the church and the Pope, says, "Americans clearly loved this man's goodness. But we were very, very uncomfortable with his absolute claims to moral certitude...

Author: /time Magazine | Title: Defender of the Faith | 4/3/2005 | See Source »

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