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...science and math. "We have the best," brags Dean Ettore Infante of the University of Minnesota's Institute of Technology. One result is that students are flooding to the U.S. schools from all parts of the globe. Says Jean- Jacques Servan-Schreiber, chairman of the international committee for Carnegie-Mellon: "I think America is becoming a university of the world...

Author: /time Magazine | Title: Education: Wanted: Fresh, Homegrown Talent | 1/11/1988 | See Source »

Already, the limited coming-to-grips with bad loans has wiped out 1987 profits at many major U.S. banks. Analysts expect most of the largest institutions to post overall losses. Among them: Citicorp, BankAmerica, Chase Manhattan, Manufacturers Hanover and Chemical Bank. Last week Pittsburgh's troubled Mellon Bank, the twelfth-ranking U.S. institution, disclosed that it would be about $220 million in the red for the fourth quarter, after boosting its loan-loss reserves...

Author: /time Magazine | Title: Bleak Year For the Banks | 12/28/1987 | See Source »

Holly began acting in the ninth grade because "the people who were involved in this drama stuff seemed like a pretty happening group. The teacher seemed real fun. So I signed up." After four years in the theater program at Carnegie-Mellon University, Hunter hit New York City. One day, hurrying to audition for a Beth Henley play, she met the author in a stalled elevator, and a few weeks later Henley signed Hunter to replace Mary Beth Hurt in Crimes of the Heart on Broadway. "She picks up a script of mine, and it becomes alive," says Henley. "Holly...

Author: /time Magazine | Title: Show Business: Holly Hunter Takes Hollywood | 12/21/1987 | See Source »

...bacteria. In addition to turning blue, the bugs have been engineered to resist the antibiotic rifampicin -- a combination of properties that makes it possible to detect the presence of a single Pseudomonas among the billion or so microorganisms that may exist in a thimbleful of soil. Explains Margaret Mellon, manager of the National Wildlife Federation's biotechnology project: "This system is an important advance. In and of itself, it doesn't answer questions about whether bioengineered organisms are in general more or less safe than their natural counterparts. But it allows you to answer some of the questions. The marker...

Author: /time Magazine | Title: Science: The Importance of Being Blue | 11/9/1987 | See Source »

...anyone's guess whether the small degree of stability so painfully achieved on Friday -- volume dwindled as the Dow average stood almost still -- will hold even for days or hours. Alan Meltzer, professor of political economy at Pittsburgh's Carnegie-Mellon University, thinks the "markets will remain volatile because there are still too many unanswered questions...

Author: /time Magazine | Title: The Crash: Panic Grips The Globe | 11/2/1987 | See Source »

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