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...wake of the KLM incident, the Transportation Security Administration is seeking to expand the use of the no-fly list, proposing that all foreign airlines--even those not flying to a U.S. destination--check their manifests against the list if they are flying over U.S. airspace. That has already raised hackles. Some airline experts say it may contravene international agreements and could cause major disruptions in the coming summer travel season. "This could open up the U.S. to retaliation," says a former transportation official. Overflight rights are long established in international skies, he notes, and restricting them "would be much...

Author: /time Magazine | Title: Extending the No-Fly Zone | 4/18/2005 | See Source »

...course, quality isn't everything. Chung has also ramped up efforts to ensure Hyundai is competitive with Japanese benchmarks in technology and styling. Hyundai's R&D budget has expanded 110% since 1999, to $1.6 billion this year. Hyundai invested $200 million to open or expand research-and-design centers in California, Michigan, and near Frankfurt, Germany; a $60 million proving ground in California's Mojave Desert opened in January. In South Korea, Chung expanded his R&D headquarters, adding a new design center last year complete with a 3-D cinema for viewing virtual models of new cars...

Author: /time Magazine | Title: Hyundai Revs Up | 4/18/2005 | See Source »

Still, some companies continue to range outside their industries. Ford Motor last week agreed to acquire San Francisco-based First Nationwide Financial, owner of the ninth-largest U.S. savings and loan, for nearly $500 million in cash. The purchase will expand Ford's credit business, which now includes financing the purchase of new cars. General Motors and Chrysler are also increasing their lending activity...

Author: /time Magazine | Title: Bigger Yes, But Better? | 4/18/2005 | See Source »

...veteran actors he has assembled. The film merrily flouts the laws of time and physics. Teeth fly upward in slo-mo; then a Road Runner--style chase zips by in superspeedy-mo. The Pig Sty denizens have the resilience of Warner Bros. cartoon characters: lips, throats, bosoms expand to gargantuan size, then snap back. Punctuating the mayhem are sound effects (mooing, clucking, cat mewls, toad croaks) worthy of a Spike Jones symphony...

Author: /time Magazine | Title: Movies: A Magical Martial Romp | 4/17/2005 | See Source »

...spent much of the ensuing week, bolstered by the Committee on Education Abroad’s recommendations to expand study abroad funding, imagining what life for Harvard, nay, the world, would be like, if Summers had left Cambridge for a semester his junior year. And what if the countless undergrads whose mothers urged us in the same (non) direction as Summers’, or who worried about the cost of studying abroad, could hop the pond, or the equator, or both...

Author: By Sarah M. Seltzer, | Title: Taking Abroad View | 4/15/2005 | See Source »

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