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DIED. CARL ROWAN, 75, crusading newsman, syndicated columnist and commentator once dubbed "the most visible black journalist in the country"; in Washington. He rose from poverty in Tennessee to become a penetrating reporter, focusing predominantly on issues of race relations. His forays into the public sector included stints as State Department spokesman under John Kennedy and as a delegate...

Author: /time Magazine | Title: Milestones Oct. 2, 2000 | 10/2/2000 | See Source »

...case significantly effects [sic] an important sector of the economy - a sector characterized by rapid technological change," Justice Stephen Breyer wrote in his lone dissent (an unusually brief two-paragraph job). "Speed and reaching a final decision may help create legal certainty. That certainty in turn may further the economic development of that sector so important to our nation's prosperity...

Author: /time Magazine | Title: Bill Gates Gets Backup From the Supremes | 9/26/2000 | See Source »

WAREHOUSE DEAL Tight availability of industrial space and increasing storage demand (fueled in part by dotcom retailers) are giving a big boost to the industrial REIT sector. It's up 27% year to date, according to the National Association of Real Estate Investment Trusts. Unlike, say, the hotel industry's cycle of boom and bust, industrials tend to offer more stable returns over the long haul while serving as a hedge against inflation...

Author: /time Magazine | Title: In Brief: Sep. 25, 2000 | 9/25/2000 | See Source »

...financial intermediaries to fail to report suspicious activity, and allowing Liechtenstein authorities to cooperate with foreign authorities to fight money laundering. The legislature also approved plans to hire new judges, prosecutors and police officers with special knowledge of economic crimes. "We see there is more criminality in the financial sector than we thought," admits Prime Minister Mario Frick. He added that the newly adopted legislation will lift the veil of banking secrecy in suspected money-laundering cases, but would not apply in tax cases...

Author: /time Magazine | Title: Cleanup Time | 9/25/2000 | See Source »

...Hills, which had been the Navy's strategic reserve, arguing it was no longer needed. And he was merely repeating what Republican presidents from Nixon to Reagan had maintained - that the Navy no longer needs its own oil reserve, and that Elk Hills should be sold to the private sector...

Author: /time Magazine | Title: Gore's Big Oil Connection: An 'Occident' of Birth? | 9/25/2000 | See Source »

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