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...idea is that parents are responsible for their charges' leisure time and, having read the warning sticker, will decide if a film is appropriate. That notion is naively anachronistic in an age when the family as a unit of cultural consumption hardly exists: Dad watches espn, Mom does Lifetime, Little Bro works his Game Boy Advance, and Kid Sis is a Powerpuff Girl. Besides, children can read too. They know that parents strongly cautioned means kids desperately wanted. The whisper of the forbidden is their siren call...

Author: /time Magazine | Title: This Essay Is Rated PG-13 | 7/22/2002 | See Source »

...Blues IBM, the world's largest com-puter company and leading tech indicator, reported a 97% fall in quarterly earnings. IBM warned that technology spending may stay slow this year. The Sweet Smell of Sale German drug giant Bayer is selling its Haarmann & Reimer fragrances and flavor unit to Sweden's EQT for 31.66 billion. The move helps cut Bayer's 314 billion debt. INDICATORS The Dollar takes a dip The euro reached and passed parity with the dollar for the first time in two and a half years, ending the week worth $1.013. The dollar's fall is good...

Author: /time Magazine | Title: Things Get Tricky for Trichet and the E.C.B. | 7/21/2002 | See Source »

...from goat hair and egg shells. Mending the ethnic wounds is going to prove harder. The Stari Most was destroyed by a Croat shell not because of its strategic significance but because of what it stood for - the ethnic cohabitation of Muslim, Croat and Serb. The Croat commander whose unit deliberately brought the bridge down alluded to that when he said the ancient landmark was "not worth even the finger of one Croat soldier." Today, Mostar's Muslims and Croats (the Serbs fled during the war) do not mix much, keeping to their respective banks of the river, especially after...

Author: /time Magazine | Title: Across the Great Divide | 7/21/2002 | See Source »

...hopes that he will become violent and provide grist for his next commitment hearing. "[The administration] had a vendetta against him because he beat them in court," says the former supervisor. "Some guards take his property. They taunt him." The ex-employee says Yoder never started fights on his unit. "I'm an ex-police officer. I know violence. Rodney's not violent...

Author: /time Magazine | Title: They Call Him Crazy | 7/15/2002 | See Source »

...Corporate profits come from two sources: volume and margins. The volume is going up not that rapidly, so it must be margins. Why are margins going up? Are they raising prices? No. Cutting wages? No. It is coming once again from the productivity gains. If you look at the unit labor cost, meaning the cost to produce each dollar of sales, it fell in the third quarter, fell in the fourth quarter and then again in the first quarter into the second quarter. I think that is another reason margins are rising, supporting corporate profits...

Author: /time Magazine | Title: Forecast: A Jobless Recovery? | 7/15/2002 | See Source »

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