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WASHINGTON: Corporate America will not be pleased with the price it may be asked to pay for restoring Democratic party unity: a $1-an-hour increase in the minimum wage over two years. But, says TIME business writer Bernard Baumohl, even in the unlikely event that the proposal is approved by Congress, business has little cause for alarm: ?There?s not much evidence to support the idea that increasing the minimum wage causes inflation ? the economy reacted well to the previous increase...

Author: /time Magazine | Title: Passing the Buck | 2/12/1998 | See Source »

...Bernard Bailyn, Adams University Professor emeritus and a two-time winner of the Pulitzer prize, will lecture in the East Room of the White House on American Revolutionary history to about 180 people as part of the White House Millennium lecture series...

Author: NO WRITER ATTRIBUTED | Title: Professor Will Give Talk at White House | 2/10/1998 | See Source »

...Neighborhood of American Sagas Two of the biggest media attractions in Brentwood crossed paths -- well, almost, reports the Associated Press. O.J. Simpson, who knows a little about media stakeouts, drove up to the house owned by Dr. Bernard Lewinsky on Monday, smiled for the cameras and asked a cameraman: "Is that the Lewinsky house?" It was. Inside, visiting her father and stepmother, was former White House intern Monica Lewinsky. While his father stayed at the wheel of the black sport utility vehicle, Justin Simpson jumped out and went two doors down from the Lewinskys' to fetch a friend. The boys...

Author: /time Magazine | Title: Dodi's 'Other Woman' Part II | 2/10/1998 | See Source »

...York Times on the Web hit a million page-views a day for the first time. Last week it set a new record: 2.5 million pages. "When all is said and done on this, journalism is going to have to look at itself in the mirror," says Web-Timesman Bernard Gwertzman. The Times' main competitor, the Washington Post, used its Website to break scoops online hours before the morning paper hit the newsstand. At what was once the other end of the news spectrum, the National Enquirer seized the moment to relaunch its moribund Website with what it promised...

Author: /time Magazine | Title: All Monica All The Time | 2/9/1998 | See Source »

Serious Lotto scholarship, based on newly unearthed documents (including Lotto's studio journal), didn't begin until the late 19th century. When Bernard Berenson wrote the monograph that defined Lotto's oeuvre in 1895, he caused a scandal by throwing out scores of pseudo-Lottos. Collectors, particularly ducal ones in Britain, were enraged by the high-handedness with which this young, upstart American Jew downgraded their swans to ducks, but the fact was that Berenson was 90% right in his Lotto reattributions. From this point the critical overhaul of Lotto slowly began...

Author: /time Magazine | Title: Art: An Enchanting Strangeness | 2/2/1998 | See Source »

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