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...until next spring--hopes its machine will become a home-entertainment hub. Sony is banking on the muscle of the PlayStation's new Cell processor, which the company has called "a supercomputer on a chip" with 10 times the power of the latest PC processors. The new console may employ Sony's new high-density "Blu-ray" DVDs, allowing for longer and more cinematic games. But Sony's online strategy remains unclear...

Author: /time Magazine | Title: Let the Battle Begin | 5/15/2005 | See Source »

Heath care is likely the most important victim of America’s insatiable urge to sue; fears of malpractice suits push doctors to over-medicate their patients and employ expensive medical procedures excessively. In the last thirty years, for example, the number of American babies delivered by Caesarian section has increased five-fold, an increase fueled in part by bank-breaking jury awards in malpractice suits that found doctors liable for the pain and suffering of patients born with congenital diseases, such as cerebral palsy. A 2003 study in the American Journal of Obstetrics and Gynecology, however, found that...

Author: By Adam Goldenberg, | Title: Giving the Finger | 5/2/2005 | See Source »

...fate would call him complicit in his downfall. Whether through hubris or naiveté, he refused to take seriously that his years of association with communists would open him to suspicion. American Prometheus tells his story at length and exceedingly well. The authors, Kai Bird and Martin J. Sherwin, employ a mix of thoroughness and judgment that makes this an essential book...

Author: /time Magazine | Title: Books: The Atomic Meltdown | 5/1/2005 | See Source »

...default hanging over his head would be unseemly. Before leaving, however, Reagan vetoed an appropriations bill that overshot its targeted limit by $180 million. "Until Congress comes to grips with the problem of the large budget deficit," said Reagan, "[the veto] is an instrument I shall not hesitate to employ." If last week was any indication, the President will be braced for a tough Round 4 on Gramm-Rudman in December...

Author: /time Magazine | Title: No Default: Congress delays a showdown | 4/18/2005 | See Source »

...just 50, Campbell closed the factory. Ryco-brand products will now be made overseas. "The total cost of labor for a process worker is $A49,000 a year. In China, it's $A2,500 a year. Add the cost of shipping and other things, and we can employ 15 people in China for the cost of one Australian worker." Factoring in longer work hours and leave, the Chinese worker will also toil for 100 days a year longer than his Australian counterpart. Then there's the cost of components. Some companies can now land inputs from China at the price...

Author: /time Magazine | Title: The Quiet Revolution | 4/18/2005 | See Source »

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