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Indeed, regulators in the free-market-oriented Reagan era seem convinced that bigger is often better. "Reagan's people have allowed the pendulum to swing much, much further in the direction of free and easy merger opportunities," says Robert Pitofsky, dean of the Georgetown University Law Center. "Businessmen see the opportunity to put through deals now that they couldn't have ten years ago." A more zealous Justice Department blocked the merger of two Los Angeles grocery chains during the 1960s on the grounds that the combined firms would claim 5% of the area's food-store business. Today corporate...

Author: /time Magazine | Title: Bigger Yes, But Better? | 4/18/2005 | See Source »

...could have been a politician on a campaign swing. When U.S. Secretary of State George Shultz stepped from a helicopter at a refugee camp in Thailand six miles from the Kampuchean border last week, he was greeted by some 55,000 cheering Kampucheans waving American flags and carrying signs that read, GOD BLESS AMERICA and PLEASE RESCUE CAMBODIA. The normally impassive Secretary called the visit "a stirring experience." But Shultz, who stopped at the camp during a 13-day trip through Asia, remained wary of a U.S. commitment to Kampucheans fighting 160,000 Vietnamese troops occupying their country. Although...

Author: /time Magazine | Title: Southeast Asia: Wary U.S. Aid Envoys seek to end a conflict | 4/12/2005 | See Source »

Indeed, the construction of the first models raised questions for the project's paleontological team, headed by University of Texas at Austin Professor Wann Langston. MacCready's engineers wanted to know how the animal moved and how far forward it could swing its wings. Did it have webbed feet? (Answer: no.) Did it have a tail? (No.) Could its head have been shaped differently from what was previously thought? (Unresolved: only a few fragments of the skull have been recovered.) Each question sent the paleontologists back to examine the fossilized remnants of the giant pterosaur, which were discovered...

Author: /time Magazine | Title: Science: Return of the Pterosaur | 4/12/2005 | See Source »

Undaunted by these challenges, some space experts have already begun planning the Mars itinerary, devising a variety of baroque flight paths to save on energy and thus fuel. One trip, for example, would require a roundabout swing past Venus, which would lend the craft a gravitational boost in acceleration. On the voyage, the crew module would constantly spin, to provide artificial gravity, and would be equipped with an automatic solar monitoring system and a shielded "storm cellar" in the event-of a solar flare. To give the crew emotional solace in the blackness of space, the interior could be decorated...

Author: /time Magazine | Title: Science: Humans to Mars? Why Not? | 4/12/2005 | See Source »

...clutch,” Allard said. “Beth’s hitting great for us, and we specifically have her ready in a pinch-hitting role like that, to come out and swing her bat, and she did exactly what we needed...

Author: By Daniel J. Rubin-wills, CONTRIBUTING WRITER | Title: Softball Sweeps Bears at Home | 4/11/2005 | See Source »

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