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...last Friday the White House had agreed to exclude weaponry and ammunition from the aid package for the rest of the fiscal year, which ends on Sept. 30. There is a chance, moreover, that House Democrats will succeed in passing an even more limiting measure, one that would restrict expenditures to purely humanitarian aid like food and medicine for the benefit of noncombatant Nicaraguan refugees living elsewhere in Central America. (Any funds, of course, would be helpful to the contras, since they would free other money for arms.) The final package, however, was certain to lack the Regan had hoped...
Wall Street is gearing up for another takeover battle. The target this time is not a company but a bill passed by the New York legislature that would severely restrict takeovers of firms registered in the state, particularly those bids that do not involve cash payments. The legislation would require that such offers win the approval of two-thirds of a company's shareholders, including a majority not directly involved in the transaction...
...adjustment a lot of folks have been making of late. Since 1950, the population of Arizona, New Mexico and Nevada has increased from 1.6 million to 10 million as Americans discover the desert's clean air, warm weather, open spaces and relatively affordable housing. But without zoning codes to restrict it, much of that growth has been distressingly haphazard. By the time the Zeigers began looking for a retirement home in the 1990s, what they found was a lot of strip malls, golf clubs and sprawling subdivisions decorated here and there with cactus plants. They were horrified. "We didn...
...careful that in the scramble for prestige we don't lose our most important focus--open access," says Richard Romano, director of the Institute for Community College Research at SUNY/ Broome Community College in Binghamton, N.Y. But Miami Dade president Eduardo Padrón argues that "it is unfair to restrict community colleges to that traditional role and allow only the four-year colleges or research universities to teach more élite students." Having these more ambitious scholars on campus, he says, creates a "motivational role model" for the rest of his 160,000 students...
During weeks of speculation about how the Federal Election Commission will try to regulate political advertising on the Web, outraged bloggers at THE RIGHT COAST and other sites vowed that the feds would restrict e-commentary only "when they pry the keyboards from our cold, dead fingers." The agency released draft rules last week that leave independent bloggers largely alone. Still, a suggestion that bloggers should disclose payments from campaigns or political committees raised hackles. Blogs like CAPTAIN'S QUARTERS said they favored disclosure but the government shouldn't compel...