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Airlines were using black boxes by the end of the the 1950s, but the instruments didn't become a mandatory feature until 1960, when the Federal Aviation Administration required all commercial planes to carry them. Initial versions contained literal tape recorders and were about the size and shape of a...

Author: /time Magazine | Title: Black Boxes | 7/2/2009 | See Source »

The Islamic Republic has been busy in three main ways since the presidential elections of June 12. Rejecting charges that the result - a 63% vote for incumbent Mahmoud Ahmadinejad - was the result of fraud, the regime organized a partial recount, which on June 29 reconfirmed Ahmadinejad's victory, a finding...

Author: /time Magazine | Title: In Iran, Conspiracy Theories Flourish As Regime Tries to Regain Legitimacy | 7/2/2009 | See Source »

While homeowners celebrated, city, county and school district officials sat in stunned disbelief. There were predictions of drastic cuts to education and social services. But the ax did not fall as Sacramento, flush with a multibillion-dollar surplus, bailed out local governments and the schools. But the state rescue was...

Author: /time Magazine | Title: How California's Fiscal Woes Began: A Crisis 30 Years in the Making | 7/1/2009 | See Source »

The timing is certainly right. Analysts say Hong Kong Disneyland needs to expand to stand up to plans for a much larger Shanghai Disneyland in the next few years. Construction has not begun, but the Shanghai municipal government and Disney Co. signed off on a project proposal earlier this year...

Author: /time Magazine | Title: Can Hong Kong Disneyland Get the Magic Back? | 7/1/2009 | See Source »

As part of her new job, this well-mannered career academic has to bully some of the world's most powerful men. Shortly after Congress passed the Emergency Economic Stabilization Act last October, Warren was appointed by Senate Democrats to do one of the most difficult, or perhaps impossible, jobs...

Author: /time Magazine | Title: Elizabeth Warren: Riding Herd on the Bailout | 6/22/2009 | See Source »

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