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...signs appeared to point to a new and ominous phase of killing, one that seemed to bear out recent warnings by the outlawed African National Congress (A.N.C.) that "soft" targets--meaning unarmed civilians, including whites--would no longer be off limits. Nonetheless, blacks suffered the brunt of the year-end violence. At least five people died in the township of Soweto, as militants fought with migrant workers who refused to observe a "black Christmas" boycott called by the militants to honor those who had died since the violence began in September 1984. In Natal province, 58 blacks were killed when...

Author: /time Magazine | Title: South Africa: Bringing the War to Whites | 6/21/2005 | See Source »

...find investment opportunities for all that cash, then why not hand it over to shareholders? ExxonMobil already gives its investors a hefty payout: last year it returned some $15 billion in the form of dividends and share buybacks. The company recently increased its dividend 7% and announced that it would accelerate its share buybacks by $1 billion a quarter, to $3.5 billion. At that rate, ExxonMobil could repurchase some $14 billion in stock by year-end. That's no small number, yet the company has the capacity to share even more...

Author: /time Magazine | Title: Energy: A Barrel of Cash | 5/22/2005 | See Source »

...Almost from the first day, however, the gray facade melted away. As I followed them to their classes, team practices, year-end banquets, and sessions at the rifle range, I began to see that our three cadets-indeed, nearly every cadet I spoke with-were incredibly self-aware and candid, each with a vastly different story about their path to West Point, and different reasons for why they decided to stay the course, even as it led to combat...

Author: /time Magazine | Title: On Parade With the Class of 9/11 | 5/22/2005 | See Source »

Darfur is this years humanitarian cause celbre. But if University Hall grants the Darfur Action Group its request, and establishes Darfur as the single beneficiary of students year-end swiping, it paints itself into a corner; what happens next year, when an inevitable new cause emerges to compete for students attentionand their Crimson Cash? The College administration needs to be wary of picking favorites when it comes to supporting humanitarian causes...

Author: By Adam Goldenberg, CRIMSON STAFF WRITER | Title: Getting Carried Away | 5/9/2005 | See Source »

...approaching holiday season holds little joy for thousands of employees and executives in the semiconductor industry. This year major makers of the tiny electronic wafers, which are the raw material of the high-technology age and run everything from watches to supercomputers, are playing the role of the Grinch. They will shut their doors for up to three weeks next month, a time when workers normally expect year-end bonuses and office celebrations. The painful closings are only the latest steps that chip producers are taking to cope with a slump that has crippled the once booming high-tech industry...

Author: /time Magazine | Title: America's Chips Are Down | 4/18/2005 | See Source »

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