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"Gates has spent most of his life around computers. He initially encountered them as a seventh-grader in 1967 when the proceeds from a mothers' club rummage sale were used to buy a machine for Seattle's Lakeside School. Gates devised a class-scheduling program so that he could take...

Author: /time Magazine | Title: Letters | 7/17/2006 | See Source »

"Olmert and Peretz have displayed a determiniation that was sorely lacking in previous governments," reads a front-page editorial this morning in the Hebrew-language newspaper Ma'ariv. That's significant praise, given the concerns within Israel that greeted the cabinet formed by Prime Minister Ehud Olmert. Olmert is clearly...

Author: /time Magazine | Title: The Former Dove Who's Directing Israel's War | 7/17/2006 | See Source »

HIZBALLAH Formed in 1982, the terrorist group has grown into a national movement under Sheik Hassan Nasrallah. Many in Lebanon credit Hizballah with forcing Israel to end its 18-year occupation in 2000

Author: /time Magazine | Title: Middle East: Tangled Ties | 7/16/2006 | See Source »

ETFs are still a relatively small business--totaling $350 billion compared with some $7 trillion invested in conventional U.S. mutual funds. But ETFs are attracting so much attention that some financial pros believe they're moving markets in certain precious metals, alternative energy, water and other areas. Those pundits suggest...

Author: /time Magazine | Title: Global Investing: Market Movers | 7/16/2006 | See Source »

I first started doing Pee-wee when I was part of the Groundlings [a Los Angeles improvisational group]. His development was one of those organic things. The director and founder of the Groundlings knew I was looking for a suit for Pee-wee to wear, and he had one. It...

Author: /time Magazine | Title: Pee-wee's Small Adventure | 7/13/2006 | See Source »

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