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...Leading the parade, ironically, is Enron, an old energy behemoth that has reinvented itself as a high-tech trading firm dealing in everything from natural gas to Internet bandwidth. In fact, its new 40-story headquarters, designed by Cesar Pelli, will be fronted by a seven-story "podium"--or shorter building--to house what Enron is calling the largest commodities-trading environment in the world...

Author: /time Magazine | Title: Topping Out In Houston Again | 5/21/2001 | See Source »

Tell it to the feds. The National Center for Health Statistics reports that between 1990 and 1995, the most recent period for which statistics are available, 11% of births by women aged 15 to 44 occurred within 24 months of a sibling's birth. Citing health concerns--the shorter the interval between pregnancies, the greater the risk that a baby will be born too soon or too small--the Department of Health and Human Services wants that number to drop to 6% by the year 2010. But it has a hard time explaining exactly how Uncle Sam plans to promote...

Author: /time Magazine | Title: Close Encounters | 5/21/2001 | See Source »

...next race is on Saturday, and it does not involve nearly the drama of the 20k. It is shorter, for one thing (12.5k), it does not involve the hill of death, and my body feels like it has actually acclimated slightly. The format is also different, and from my standpoint psychologically favors the shooting component more. During the first race, every missed shot translated into a one-minute time penalty. This format provides an enormous incentive to shoot well, but does not really give the same mental boost as the penalty lap format used during the second race...

Author: /time Magazine | Title: The Fool on the Hill | 5/10/2001 | See Source »

When interest rates on short-term government debt shoot past those on long-term bonds, it is a phenomenon known as an inverted yield curve. And it's bad. Normally, investors with longer-term debt receive a higher interest-rate payment than those holding shorter-term securities. That's because there is a bigger risk that inflation will hurt the value of a 30-year Treasury bond over time...

Author: /time Magazine | Title: How We Missed Signs Of A Slowdown | 4/30/2001 | See Source »

...corrosive fashions. If they could make cocaine and tattoos fashionable, perhaps they could goad the masses toward physical and spiritual enlightenment. Today yoga is practiced by so many stars with whom audiences are on a first-name basis--Madonna, Julia, Meg, Ricky, Michelle, Gwyneth, Sting--that it would be shorter work to list the actors who don't assume the asana. (James Gandolfini? We're just guessing...

Author: /time Magazine | Title: The Power of Yoga | 4/23/2001 | See Source »

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