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...brothers and their invention, then, sparked a revolution as far-reaching as the industrial and digital revolutions. But that revolution did not come about by luck or accident. It was vision, quiet resolve and the application of scientific methodology that enabled Orville and Wilbur to carry the human race skyward. Their example reminds us that genius doesn't have a pedigree, and that you don't discover new worlds by plying safe, conventional waters. With 10 years of hindsight, even Orville Wright admitted that "I look with amazement upon our audacity in attempting flights with a new and untried machine...

Author: /time Magazine | Title: Aviators: THE WRIGHT BROTHERS | 3/29/1999 | See Source »

Coming second is Globalstar's chief drawback. Its service is not scheduled to kick off until 1999--a year behind Iridium's schedule. And this month Globalstar ran into a potentially more serious snag. Minutes after a Ukrainian-built Zenit-2 rocket carrying 12 Globalstar satellites thundered skyward from the Baikonur cosmodrome in Kazakhstan on Sept. 10, its engine failed. The 460-ton rocket fell back to Earth, showering debris across southern Siberia and driving Globalstar's stock down 40% overnight. The $190 million payload was covered by insurance, but the disaster delayed the system's debut even further...

Author: /time Magazine | Title: Next: The Super-Cell | 9/28/1998 | See Source »

While the politicians fiddled, the economy was decomposing. The ruble, bouncing wildly from rate to rate and inflicting on traders what they call "ruble whiplash," has lost half its value in the past month. Prices are heading skyward. Domestic products are--at long last--in greater demand, but their prices are up so high that they have officially crossed the threshold of hyperinflation. In August monthly inflation jumped to 15%, the biggest increase in more than four years...

Author: /time Magazine | Title: Russia: Better Than Nothing | 9/21/1998 | See Source »

Never mind that the snap was high and that holder Jared Chupaila had to reach skyward to set it down where Giampaolo could hit it straight. Never mind that Giampaolo's kick was on its last legs as it cleared the crossbar by a cool six inches...

Author: NO WRITER ATTRIBUTED | Title: A Kick in The Pants | 10/27/1997 | See Source »

WHAT KILLED THE BOOM Wildly rich, Japanese investors splurged on stocks and drove real estate prices skyward. The speculative bubble in the financial markets and real estate popped loudly in the early 1990s and took the economy down with it. Other competitors closed the productivity gap. Now lifetime employment may be a thing of the past...

Author: /time Magazine | Title: THE BEST OF TIMES? | 7/28/1997 | See Source »

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