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...employee pays the next $2,000. Anything above that is covered by insurance that the employer pays for. Because the deductible is so high, that insurance--sometimes called catastrophic coverage--is relatively inexpensive. The hope is that individuals will shop more prudently when their own dollars are at stake. Anything below $2,000 left at the end of the year is often added to the next year's fund...

Author: /time Magazine | Title: Health: Where To Get Help In A Constantly Changing System | 1/28/2002 | See Source »

...state-owned major institutions, which gives the London-based bank's customers access to branches across much of China. HSBC last month bought an 8% share in the Bank of Shanghai, a seven-year-old entity controlled by the city. Citibank is reportedly considering the purchase of a 15% stake in the Bank of Communications, the fifth largest state-owned lender, also based in Shanghai...

Author: /time Magazine | Title: Free Trade: China's New Party | 1/28/2002 | See Source »

...pages with the stolen stuff on them and knew that he had a choice. Or maybe it was harder still to look at someone else's work, recognize that it was better than what you could do but then want it so badly you would be willing to stake your soul. To be, or not to be: that is the problem...

Author: /time Magazine | Title: When The Hero Takes A Fall | 1/21/2002 | See Source »

State officials want to know whether he inappropriately pushed Enron's stock on the pension fund while the energy giant was failing. Alliance more than doubled the state's stake in Enron since last August, buying 5.6 million shares in three months, even as stock prices fell and analysts questioned the firm's management and accounting practices. Coleman Stipanovich, deputy executive administrator of the pension fund, said his staff would like to learn what Savage knew of Enron's internal problems and what, if anything, he passed on to fund managers at Alliance. "We're going to want...

Author: /time Magazine | Title: Hill Monitor: Democrats: Don't Gloat About Enron | 1/14/2002 | See Source »

...stake is a $60 billion worldwide market for hardware alone. That market includes the servers themselves, which can be as bulky as an IBM mainframe or as slender as a cigarette carton, as well as storage devices. All this iron runs on a variety of software: operating systems and protocols from Unix to Linux and, increasingly, Windows. There are battles over whose protocols are open to adaptation (guess where Windows stands?) and whether there ought to be more standardization. But those conflicts are being resolved by a vast new parallel business called Web services, which encompasses the software and technical...

Author: /time Magazine | Title: Server Wars | 1/14/2002 | See Source »

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