Word: recording
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Dates: during 1990-1999
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...Morning News' questions about persistent rumors of pyrotechnic devices that led to a re-examination of the record and Reno's admission. Until then, she and the FBI had said only "cold" means had been used to disperse tear gas, and dismissed the notion that heat-producing devices had been deployed. Among those who made the denials was Danny Coulson, a senior official at the operations center in Washington at the time and founder of the FBI's hostage-rescue team (HRT). But shortly after once again denying the story to the Dallas paper, he heard that the Texas Rangers...
...enough to make the most gregarious gabber think twice before picking up the phone again. What if the record of all your personal calls--whom you're talking to, when and for how long--were being sold to the highest bidder, by none other than your very own telephone company? Every time you dial up your shrink for a quick calm-me-down, for instance, that history could be sold to a pharmaceutical firm ready to pitch you on the benefits of tranquilizers...
...turntable mixing, and the result is often beautifully blurred music. Right now, there's no one better at putting out albums that blend the sounds of the times than the New York City-based nonprofit Red Hot Organization. Over the past nine years, Red Hot, working with various record labels, has produced a dozen albums, each one featuring some sly subgenre mix, with all net profits going to the fight against AIDS. Red Hot's latest compilation, Onda Sonora: Red Hot + Lisbon (Bar/None), features music from Portuguese-speaking countries (Brazil, Angola, etc.) crossed with clubland beats. Obscure? Maybe. Cool? Definitely...
Moved PermanentlyMoved PermanentlyFortune Investor Data"It?s just more good news," says TIME senior economics reporter Bernard Baumohl (although that wasn't immediately reflected in the market, which took profits from Wednesday?s record close). "This takes even more pressure off the Fed to raise rates again anytime soon; the economy seems to be slowing down just as it hoped." Thursday?s report isn?t a guarantee, though. Most of the slowdown was due to the trade deficit; imports aren?t counted in the GDP, although they do show up in the overall economy when cash-loaded consumers head...
...taking from Monday to contend with, there?ll be plenty of investors who don?t feel quite as smart as they did the day before. No hike? Twice the hike? Rally? Sell-off? Stay out of it until Greenspan?s gospel (2:15 p.m.) is fully digested. For the record, the safe betting is on one quarter-point hike (come on, guys ? when was the last time the Fed raised a half-point?) and then let things be for the rest of 1999. But you knew that already ? we told you last week...