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Over the next few months, four drug companies will introduce similar versions of the transdermal nicotine patch, a palm-size circular envelope that, when applied to the upper arm or back every 24 hours, releases a steady stream of nicotine into the blood. A study in last week's Journal of the American Medical Association found that the patch, when administered with proper counseling, doubled the odds that smokers will successfully quit over a six-month period. "It's a major breakthrough in medicine by any measure. It could save thousands of lives," said Dr. Jack Henningfield, chief of clinical...

Author: /time Magazine | Title: A Patch of Hope for Smokers | 12/23/1991 | See Source »

...Council of Economic Advisers chairman Michael Boskin and Housing Secretary Jack Kemp. In an appearance before the House Ways and Means - Committee last week, Boskin and Budget Director Richard Darman suggested that Bush would be willing to break the budget agreement to give the economy a shot in the arm by lowering taxes for the middle class. But when the hearings resumed after a luncheon break, Treasury Secretary Nicholas Brady, leader of the Adminstration's "do as little as possible" faction, differed with his colleagues, claiming that breaking the budget agreement would cause interest rates to soar...

Author: /time Magazine | Title: The White House: Clearing the Decks | 12/16/1991 | See Source »

...three decades he was Hollywood's ideal bachelor, a handsome, self-assured man who retained just enough boyish shyness to melt a woman's heart. There was always a pretty actress on his arm and usually one of some consequence, like Leslie Caron, Diane Keaton, Julie Christie, Madonna. Often boulevardiers get a bit threadbare in their 50s, but Beatty, 54, kept finding the beauties. Then last summer came the shocking announcement. No, he wasn't marrying (at least not yet), but he was having a child with intelligent, glamorous Annette Bening...

Author: /time Magazine | Title: A Playboy Meets Miss Right | 12/9/1991 | See Source »

Landing only for more fuel and ammunition, the two sleepless lieutenants set off for the Marine base at Barber's Point. "We went down and got in the traffic pattern and shot down several planes there," said Taylor, who suffered a severe arm wound. "I know for certain I shot down two planes or perhaps more; I don't know." Official records credited the two of them with downing seven planes, almost one-quarter of all Japanese losses...

Author: /time Magazine | Title: Day of Infamy | 12/2/1991 | See Source »

Lindsey now serves as one of seven governors on the board, which is charged with regulating the nation's money supply and interest rates. The board is the government's main arm for fighting inflation...

Author: By Natasha H. Leland, | Title: Former Econ Prof. Lindsey Confirmed to Post at the Fed | 11/27/1991 | See Source »

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