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...banking jargon for deposits that have not yet been credited to a customer's account during a holding period, as long as three weeks for out-of-town drafts, that the institutions have traditionally imposed as both a precaution against bad checks and a way to profit from the float. But the consumer frustration of waiting for a check to clear will be vastly reduced by new U.S. regulations that took effect last week. The law requires that checks drawn on local institutions must clear within three business days and that out-of-town checks may take no more than...

Author: /time Magazine | Title: BANKING: Fast Forward For Checks | 9/12/1988 | See Source »

Everything else associated with these murders has long been up for grabs; understanding has been swamped by a torrent of details and speculation. The Kennedy assassination now seems to float in some peculiar, highly charged ether between fact and fiction, where logic distills into dreams. To write a novel about the deaths in Dallas seems redundant, the making up of a story about a myth...

Author: /time Magazine | Title: Books: Reimagining Death in Dallas LIBRA | 8/1/1988 | See Source »

...place of sets to alter the show's physical and mental terrain. Nine projectors throw a kaleidoscope of images onto a small raked stage and side panels, creating a cinematic illusion in which the actor can dash up the steps of an apartment building and vanish inside or float high above New York. The shift is instantaneous -- like putting a live actor into a movie. Operatic design may never again be the same...

Author: /time Magazine | Title: Music: The Opera As Science Fiction | 8/1/1988 | See Source »

Another washtub houses a series of red, yellow and blue kitchen sponges which float at random in the water. When a child opens the flood gates, the water level begins to rise. The gate-master must determine which way the water is running and how to stop the tub from getting full...

Author: By Katherine E. Bliss, | Title: Summer Splash at The Children's Museum | 7/19/1988 | See Source »

Space Scientist Carol Stoker, at NASA's Ames Research Center in California, points out that there would be benefits of artificial gravity beyond the physiological ones. "Toilets would flush properly, things wouldn't float in the air, and just think of surgery in zero gravity," she muses. Malcolm Cohen, chief of the neuroscience branch at Ames, worries about the possible physiological effects of rotation. "Weightlessness is the devil we know," he says, "and we have some idea how to overcome its effects. But artificial gravity in space is a devil we don't know well." Still, he concludes...

Author: /time Magazine | Title: Space: The Perils of Zero Gravity | 7/18/1988 | See Source »

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