Word: mid-1990s
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...proliferation of gift cards has already sparked an outcry from consumer groups concerned about their lack of regulation. In the mid-1990s a few big specialty retailers and major department stores began issuing cards with magnetic strips and a preset or unlimited value as cheaper, more secure alternatives to paper gift certificates, which are easy to counterfeit. Card sales grew between 15% and 35% annually from 1997 to 2004, and while the issuing stores waited for the redemptions, they locked in enormous future revenues and racked up hefty interest income. Until now, regulators have trod lightly because they recognized...
...things happened in the mid-1990s, however, that revived research into the fundamental purposes of sleep. A 1994 study by scientists at the Weizmann Institute in Rehovot, Israel, suggested that researchers had been looking at the wrong kind of memory processing. And the technology for peering inside a sleeping brain got a whole lot better...
...Money is being invested in upgraded facilities, such as the construction of a $51 million parade ring with a retractable roof, which opened in November, and a giant outdoor TV screen at the Sha Tin track. And the racing has never been better. In the mid-1990s, Hong Kong-trained horses were barely recognized in international competitions; last season, Hong Kong's own Silent Witness was the world's top-rated sprinter...
...women’s annihilation of their Columbia opposition is the Crimson’s first win over the Lions since the mid-1990s...
...mystery of Yasser Arafat's life seemed unsolved at the time of his death: How much money did he have, and where is it? In the mid-1990s, Arafat controlled a financial empire worth at least $3 billion. By the time of his death, he was down to his last $1 billion, according to Israeli intelligence estimates. Palestinian leaders believe his widow Suha would like to make off with what is left of his cash, a suspicion deepened by her charges last week that Arafat's successors were "trying to bury [him] alive...