Word: laws
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Dates: during 1990-1999
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...buyer shopping in high-cost Manhattan. Auctions also minimize transaction costs ("friction" in e-commerce-speak) and eliminate the need to operate bricks-and-mortar stores. Online auctions "wring out the inefficiencies in the supply-chain process," says FairMarket CEO Scott Randall. They also benefit from Metcalfe's Law (named after Robert Metcalfe, the founder of 3Com Corp.): the value of a network increases by the square of the number of people on it. Every time a conventional online retailer adds a new user, it's just one more person who can buy its products. But every time eBay adds...
While most of the U.S. enjoyed a peaceful holiday weekend, the nation's law enforcement community quietly worked to preempt a New Year's catastrophe. In the Northwest the FBI tracked the lead of a Washington State airline employee who recalled selling a plane ticket for Las Vegas last week to Adbelmajed Dahoumane, the suspected accomplice of Ahmed Ressam, the Algerian man caught smuggling explosives across the U.S.-Canadian border. Dahoumane's destination raised a red flag - Las Vegas will host one of the nation's largest New Year's celebrations on its fabled strip. The feds continue to scour...
...obviously a real threat. The guy traveling with Ressam remains at large, and Ressam's travel bookings suggest he was planning to leave the bomb equipment for someone else to assemble." In public and behind the scenes, the stakes are rising in the waiting game between terrorists and the law...
...could be on its last legs. On Tuesday, residents and interns at the Boston Medical Center voted 177 to 1 to be represented by a federally protected union. And while these interns and residents were already considered union members by the hospital, they were not protected by federal labor law - largely because the National Labor Relations Board had maintained for 23 years that as students, the doctors-in-training weren't eligible to participate in bargaining talks. The board reversed that stance in November, and while the Boston Medical Center residents are the first to take advantage of the board...
...that light, Washington wouldn't be warning its citizens unless there was a credible threat. And, of course, there may be more than one. Law enforcement officials across America have been briefed on the danger of homegrown right-wing terrorists acting out apocalyptic fantasies to coincide with the millennium. After all, the Oklahoma City attack had the U.S. media running profiles of the usual suspects from the Middle East in the hours before the arrest of Tim McVeigh...