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...PLAINS: Freezing Arctic winds sent wind chill temperatures plunging to more than 50 degrees below zero as a fierce winter storm rolled across the Plains Wednesday night headed east. TIME's Pete Larson reports from Nebraska: "Most people in the region have been unable to get to work and the schools are closed today. Officials are very concerned about the cold temperatures. It struck so quickly that people were caught off guard. Central Nebraska is basically shut down. So is the interstate, with stalled vehicles stranded overnight. Rescue attempts have been difficult because visibility has been very poor. Many people...

Author: /time Magazine | Title: Just Plain Cold | 1/18/1996 | See Source »

...been long in corn instead of Turkey, we would have been up 59.8%, as corn outperformed the Dow Jones industrials by nearly double in 1995. Zero-coupon bonds did even better, up 63.1%. At least we avoided coffee beans, down 43.8%, and Taiwan equities, down 30.6%. So there are some reasons to be thankful, and just as many to be sorry...

Author: /time Magazine | Title: WHERE TO LOOK IN '96 | 1/15/1996 | See Source »

...stocks, with Japan, Europe and the Far East leading the pack (source: Michael Metz, Oppenheimer & Co.). The U.S. market did better than most foreign markets in 1995, so a turning of the tables is widely anticipated. Japan is stimulating itself out of a long depression with interest rates near zero. What could be more stimulating than that? Japanese companies missed the personal-computer bonanza, but they may be catching up with new products that turn the dumb TV into a smart...

Author: /time Magazine | Title: WHERE TO LOOK IN '96 | 1/15/1996 | See Source »

...undergo the operation at all. Certainly compassion for a dying man played a role. But according to scientists who are familiar with how such decisions are made, there was probably another, more subtle reason. "The chance of that bone-marrow transplant taking [hold] and working in a human is zero," says Ronald Desrosiers, professor of microbiology at Harvard Medical School. Current techniques, he believes, are simply not yet refined enough for it to work. But they could be soon...

Author: /time Magazine | Title: ARE ANIMAL ORGANS SAFE FOR PEOPLE? | 1/15/1996 | See Source »

...drugs that are targeted for deadly diseases, the FDA has stalled the other 83%. "They're terrified of Nader and the left wing," says Senator Hatch, who parted ways with Kessler after a fight over regulating the vitamin industry, which is well established in Utah. "They want zero risk, and there's no way for there to be zero risk in anything." Representative Bliley, a tobacco-industry ally, goes further. The FDA's true mission, he has said, should be "to bring safe drugs and devices to the American people as quickly as possible...

Author: /time Magazine | Title: THE COMMISH UNDER FIRE | 1/8/1996 | See Source »

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