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...like retail stores, banks are offering a trade-off that they believe most customers will accept: more products in exchange for less personal service. Today's depositors with as little as $500 to invest will find that banks give them more possibilities than ever before. Banks now offer an array of money-management accounts and even discount stock-brokerage service. Banks have vastly improved upon old-time bankers' hours of 9 a.m. to 3 p.m. New York's Citibank boasts that 80% of its depositors use its 24-hour automatic-teller machines and that more than half of all customers...
...invisible object piqued the interest of Berkeley Astronomer Hyron Spinrad, known for his studies of very dim, faraway galaxies and quasars. Last spring Spinrad and his team first pinpointed 3C 326.1's position with New Mexico's Very Large Array radio telescopes; then they aimed powerful optical telescopes at the spot and discovered a glowing object about 12 billion light- years from earth. Later analysis of light from 3C 326.1 revealed that it was a newborn galaxy, three times as long as the diameter of the Milky Way. At the time the light viewed by Spinrad left 3C 326.1, which...
...have claimed that drug abuse did not exist in their countries, insisting that addiction was a product of "decadent" capitalism. Not anymore. In a dramatic about-face, Soviet and East European authorities have begun to crack down on drug suppliers, searching for ways to treat addicts and publishing an array of statistics to deter potential users. Reason for the turnabout: narcotics use not only exists in the Soviet Union and Eastern Europe but is growing rapidly in some areas...
...favorite political buzz word these days is competitiveness. The entrepreneurial spirit. Managements lean and mean. Industries able to compete with foreign producers. But the concept is a nebulous one. Politicians are now labeling a wide array of proposals, from increased funding for education and scientific research to more restrictive trade legislation, as ways to make America more competitive in the world...
...chilling array of charges faced former Central African Republic Leader Jean- Bedel Bokassa in court last week. The self-proclaimed Emperor, who unexpectedly returned home in October after seven years of exile, stands accused of crimes ranging from cannibalism to concealing corpses to killing children during a brutal 14-year rule that ended in 1979. Bokassa was convicted of similar atrocities in 1980 and was sentenced to death in absentia. Under Central African Republic law, however, he is entitled to a second trial...