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...April 12 clerks had gone over only 64% of the 67.6 million returns received, compared with 73% in 1984. Last week the IRS gained some ground but was still behind schedule. As a result, refund checks are being sent out as much as a month later than normal. The Commerce Department reported last week that consumer spending in March tumbled .5%, compared with the same period last year. Reason: the computer troubles delayed payment on $6.7 billion in tax refunds that people would have otherwise received and probably spent. At fault is the most expensive and sophisticated computer system ever...

Author: /time Magazine | Title: Computers: Glitches and Crashes at the IRS | 4/12/2005 | See Source »

...depression followed by medication led to manic episodes that landed him in a hospital. A terrible irony ensued. He saw a hostile review of his latest book of poems; several days later the onetime scourge of other poets slashed his left wrist. He recovered and picked up his normal life. Within a few months, while walking along a North Carolina highway shortly after dusk, he was sideswiped and killed by a car. The official verdict was accidental death; the rumor of suicide arose and persisted. No one will ever know what was on Jarrell's mind during his last moments...

Author: /time Magazine | Title: Books: A Love Affair with Learning | 4/12/2005 | See Source »

...stomach at the beginning of the operation, and an in travenous tube in his left arm through which he will receive nourishment in the form of dextrose, a sugar, and Ringer's lactate, a buffer solution. Both tubes will remain in place for several days until he resumes normal bowel movements, after which he can begin eating solid food again. The President is also receiving antibiotics to guard against the possibility of infection, which occurs in 2% or 3% of those who undergo the operation. To relieve the President's postoperative pain, which is expected after such surgery, doctors used...

Author: /time Magazine | Title: The Perplexing, and Sometimes Perilous, Polyp | 4/12/2005 | See Source »

Others managed to convert distaste for new Coke into a profitable sideline. Dennis Overstreet, owner of a Beverly Hills wine shop, bought 500 cases of old Coke after the new product was announced, and sold them all for $30 each, nearly triple the normal price. When they were gone, Overstreet began contacting foreign bottlers to import the drink, which has not yet been replaced by new Coke abroad. His search took him from England ("It didn't taste right") to Mexico, Puerto Rico and finally Brazil. On the day Coca-Cola disclosed that it was reviving the old beverage...

Author: /time Magazine | Title: Coca-Cola's Big Fizzle | 4/12/2005 | See Source »

Playboy printed 5.9 million copies, 350,000 more than its normal run, while Penthouse is shipping 5.2 million instead of the usual 4.9 million. If Penthouse sells well, Guccione may publish another set of Madonna nudes next month. The onetime artist's model, busy preparing for her wedding next month to Actor Sean Penn, seemed indifferent to all the exposure and declined comment...

Author: /time Magazine | Title: Like a Pinup: Navel battle of the newsstands | 4/12/2005 | See Source »

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