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...commonplace that Europeans and Japanese enjoy better wireless service than Americans. But the U.S. lags behind even most developing countries in one respect: the growth of cell-phone subscriptions vs. that of hard lines. In developing countries, where it's usually easier to install wireless connections than to lay cables, the number of new cell-phone customers has been soaring for years. "They skipped a whole stage of evolution," says Michael Erbschloe of Computer Economics, a technology-research company in Carlsbad, Calif. That's good news for companies like Verizon, which is part-owned by Vodafone, the world's most...

Author: /time Magazine | Title: Global Briefing: Dec. 24, 2001 | 12/24/2001 | See Source »

Junk bonds, on the other hand, have rarely been so cheap. They carry an average yield of about 12.25%, vs. about 5% for the benchmark 10-year Treasury bond. The difference between those yields, known as the spread, represents a hefty premium of 7.25 percentage points. The long-run average spread of junk over T-bonds is just...

Author: /time Magazine | Title: Bad Times, Good Junk | 12/24/2001 | See Source »

...Eminem. The Web's most wanted? Osama bin Laden. For more analysis on Web-search trends, check out the Yahoo! Buzz Index, which takes a daily snapshot of what's hot in various categories, and the Google Zeitgeist, which tracks entries head to head, such as PlayStation2 vs. Xbox...

Author: /time Magazine | Title: TIME.com This Week DEC. 10-DEC. 16 | 12/17/2001 | See Source »

...this is to be a clash of civilizations, Islam vs. the West, there might still be time for a period of serious, difficult introspection--a cultural examination of conscience on both sides...

Author: /time Magazine | Title: Who's More Arrogant? | 12/10/2001 | See Source »

...Room 13 vs. Room...

Author: By The CRIMSON Staff, | Title: Stories We Negged at the Last Minute | 12/6/2001 | See Source »

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