Word: impetus
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Dates: during 1990-1999
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Witness how often the same basic innovation was made independently by different people in different places at roughly the same time. And witness--as testament to the impetus behind easing communication--how often those independent breakthroughs were in information technology itself: the telegraph (Charles Wheatstone and Samuel F.B. Morse, 1837); color photography (Charles Cros and Louis Ducos du Hauron, 1868); the phonograph (Charles Cros--again!--and Thomas Edison, 1877); the telephone (Elisha Gray and Alexander Graham Bell, 1876)--and so on, all the way up to the microchip (Jack Kilby and Robert Noyce...
Priceline founder Jay Walker says his biggest customers are seniors, college students and parents with small children, who have the impetus to navigate the bidding process for the average $12.75 it will save them on a basket of 10 items. "For some families," he says, "that's the difference between putting meat on the table once a week and three times a week...
...rejection of this appeal may not be much of a weathervane when it comes to the Justices' final take on the topic, says TIME senior writer Adam Cohen. "When the Supreme Court decides not to take a case, you can't really tell what the impetus may be," he says. As Cohen notes, the court already has a religious-school case on its docket, and may be unwilling to take on another - the Justices are expected to rule by next summer whether religious schools in Louisiana can receive federal funding for computers and educational materials. That case, notes Cohen, will...
That's the kind of news the market likes to hear. The Labor Department Friday sent the Dow scooting up 300 points to a record 11,340 and NASDAQ blasting up to 3,500 for the first time. The impetus was an unemployment report that contained the best possible scenario for Wall street - continued healthy job growth but no sign of wage inflation. "In investor psychology, the unemployment figures are the most important of all economic indicators," says TIME senior business writer Bernard Baumohl. "It indicates both the strength of the economy and the potential for inflation, and Friday...
...International Boxing Federation as if it were the Gambino crime family. Monday, several New Jersey U.S. attorneys filed a civil suit against the IBF - the only major sanctioning body based in the U.S. - seeking the appointment of a monitor to oversee the restructuring of the organization. The impetus: Earlier this month, four top officials from the IBF were indicted on racketeering charges, including taking payoffs to rank lower-tier boxers and squeezing unreasonably large sanctioning fees out of fighters. Prosecutors argue that something needs to be done to restore credibility to the sport following a run of fights demonstrating questionable...