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...Maine Sen. Olympia Snowe has an amendment drafted to allow Navy shipyards to pay taxes on the profit from a ship contract after the vessel is built instead of while it's under construction. That would mean Bath Iron Works, the shipyard in her state, would have more cash on hand during the years a ship is being built. Snowe insists her measure "would not reduce the amount of taxes ultimately paid by a shipbuilder. It simply would defer payment until the profit actually is known...

Author: /time Magazine | Title: More Tax Tricks to Come | 6/2/2001 | See Source »

...study, conducted by Dr. G. Michael Summer, involved the USS Frank Cable, a repair vessel based in Guam. Summer, who was the medical officer aboard the ship from 1996 to 1998. His research found that over a six-month period during his service aboard the Cable, "female crew members accounted for 72 percent of the total visits [to the ship's sick bay] while constituting only 22 percent of the crew...

Author: /time Magazine | Title: Navy Women Head to the Sick Bay Much More Than the Men | 5/29/2001 | See Source »

...promise was this: by cutting off the blood supply of a tumor, you can kill it before it spreads. This is called antiangiogenesis (the prevention of new blood-vessel growth). The concept, first championed by Dr. Judah Folkman of Children's Hospital in Boston, launched thousands of research studies. But the concept of antiangiogenesis hasn't gone well lately. Major pharmaceutical firms have stopped work on their favorite antiangiogenesis candidates, and not one of the 50 other compounds under study has yet been approved by the FDA--despite three decades of research and an investment of some $4 billion...

Author: /time Magazine | Title: Closing In On Cancer | 5/21/2001 | See Source »

Meanwhile, some of the latest angiogenesis studies have already incorporated lessons learned in the early trials. Initially, most blood-vessel inhibitors were tested alone as potential magic-bullet treatments, and in patients with advanced cancer. But scientists now have a better understanding of how angiogenesis inhibitors prevent growth factors from reaching blood-vessel cells. They believe that, for now, in terminally ill patients, the best you can expect of the experimental drugs is to keep tumors from spreading. So researchers have begun to evaluate them in conjunction with traditional chemotherapy, radiation and surgery. So far, the results are promising. Preliminary...

Author: /time Magazine | Title: Closing In On Cancer | 5/21/2001 | See Source »

...Indeed, the current state of "dialogue" between Israel and Syria may be revealed in the contents of a fishing boat intercepted near Haifa en route from Lebanon to Gaza on Monday. Israeli authorities said the vessel contained rocket-propelled grenades and Katyusha rockets, the artillery-of-choice of Hezbollah. The Iran-backed Lebanese militia which has periodically acted as a Syrian proxy has formed Palestinian cells in Gaza, which have been behind the mortar attacks on Israeli settlements in that territory. If the rockets intercepted by the Israelis were indeed sent by Hezbollah - which may provoke a sharp Israeli response...

Author: /time Magazine | Title: The Pope's Peace Pleas Won't Move Syria, Israel | 5/7/2001 | See Source »

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