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Could there possibly be a tinier or more innocent-seeming measurement than the millijoule? The unit of energy denotes roughly the wallop packed by a dime dropped on a table from a height of 2 in. But as the National Transportation Safety Board revealed in hearings held in Baltimore last week, minuscule can mean sinister. Calmly, patiently, safety-board explosion expert Merritt Birky explained that a spark carrying one-quarter millijoule of energy was all that was necessary to ignite the contents of the 12,890-gal. central fuel tank of TWA Flight 800 in 1996 off Long Island...

Author: /time Magazine | Title: THE TINIEST TERRORS | 12/22/1997 | See Source »

...face of Sarajevo itself, bristling with new cafes and businesses just two years after it was torn apart by a siege. "These are good people and this is a good thing we're doing," Clinton said he was told by one of the troops in a Virginia unit he encountered. Making the folks back home see it the same way is a battle the White House will have to fight another...

Author: /time Magazine | Title: Clinton's Sarajevo Stopover | 12/22/1997 | See Source »

...talk about democracy's discontents, the end of civic virtue, and the dissolution of the American family unit, chastity has largely been left out of the mainstream solutions which have been suggested for ending our national civic malaise. To the extent that pre-marital sexual promiscuity is correlated with high teen-age pregnancy and divorce rates, a greater emphasis upon the merits of chastity may help to alleviate some of the most pressing social ills resulting from our national loss of innocence...

Author: By Justin C. Danilewitz, | Title: It Goeth The Way of Chivalry | 12/15/1997 | See Source »

...Journal's owner, Dow Jones & Co., has fallen woefully short. Despite a banner year at the paper, the 115-year-old company announced last month that it will register its first loss since going public 34 years ago. The culprit: Dow Jones Markets, the company's crippled financial-information unit (formerly called Telerate), which has been beaten badly by more sophisticated rivals such as Reuters and Bloomberg. Recently, the company scaled back an ambitious $650 million rescue plan and began firing senior managers at the division, in what Wall Street believes is a prelude to a sale. A report from...

Author: /time Magazine | Title: DOW JONES TAKES STOCK | 12/15/1997 | See Source »

...Jones (1996 sales: $2.5 billion) bought Telerate, which transmits bond prices, foreign exchange and other data, for $1.6 billion in 1990. It was a logical move but ultimately a poor acquisition. The unit, which last year accounted for 34% of the company's revenues, has been losing market share in the $6 billion financial-information business. "Dow Jones has been fading away," says Jim Dougherty, an analyst with Prudential Securities. "They have not kept up with the investment in technology." Bloomberg's and Reuters' terminals are technologically superior and more flexible, and they offer unique features such as historical data...

Author: /time Magazine | Title: DOW JONES TAKES STOCK | 12/15/1997 | See Source »

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