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...company's income. Its rental revenues have declined each quarter this year compared with last. Blockbuster has responded by investing in video-game rentals and launching its own online subscription service. It's "surprising that Blockbuster would choose to spend so much reinforcing its presence in the brick-and-mortar portion of this business," says Marla Backer, a Research Associates--Soleil analyst. If the Blockbuster deal is struck, the combined company will control roughly 50% of the traditional rental market--which means antitrust regulators will probably get involved. Movie Gallery notes that this is not a problem...

Author: /time Magazine | Title: Biz Briefs: A Bid for a Bigger Blockbuster | 12/17/2004 | See Source »

...scale of the ongoing carnage represents a Herculean challenge for election organizers: Mortar attacks and car bombings continue almost daily even in and around Baghdad's heavily guarded "Green Zone," which houses government and U.S. headquarters. Plainly, it's not just in the Sunni heartland north of the capital that U.S. forces face an ongoing battle to create an environment safe enough to open polling stations. Indeed, Deputy Chief of U.S. forces in the Middle East Lt. Gen. Lance Smith said Wednesday that the Jordanian Abu Musab al-Zarqawi, who has claimed responsibility for numerous terror attacks, had relocated...

Author: /time Magazine | Title: Will Iran Win Iraq's Election? | 12/15/2004 | See Source »

...plagued by images they can't forget, some so disturbing that combat-stress workers in the field have to monitor one another for a state known as "vicarious traumatization." A soldier deployed near Baghdad for nine months witnessed several members of his unit torn apart by mortar fire. "I can't erase that picture," he says. "It's something I cannot take anymore." Some stressed-out troops can't control their rage. "They don't know who the bad guy is," says Anthony Pantlitz, a chaplain with the Army's 785th Combat Stress Company, "so they hate everybody...

Author: /time Magazine | Title: Wounds That Don't Bleed | 11/29/2004 | See Source »

...know the entire al-Qaeda and Taliban leadership is on the other side, and we can't do a damn thing about it," a U.S. commander complained to his officers on a recent tour of a firebase on the Afghan side of the border. He called in a mortar round that exploded only a few hundred yards short of a Pakistani border post--a warning that U.S. patience was being pushed to the limits...

Author: /time Magazine | Title: Hiding In Plain Sight | 11/29/2004 | See Source »

...building. The high-explosive rounds set the bottom floor ablaze. First Lieutenant Joaquin Meno called up for the first story to be torched as well. "Let the f_____ burn," said a squad leader. When a group of insurgents brandishing RPGs was spotted 400 yds. south, Meno called in mortar fire from the rear and Abrams tank fire from the front. The insurgents had no chance. "Hey, LT, good call. That's perfect," said Bellavia. As if to punctuate the score, a direct hit on the building where the insurgents had taken cover set off repeated secondary explosions...

Author: /time Magazine | Title: Into the Hot Zone | 11/22/2004 | See Source »

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