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Purely from an investor's standpoint, however, buying tobacco stocks is a solid long-term bet that historically pays regular dividends. "We ultimately have a fiduciary responsibility to our clients," says Towell, who puts about 5% of Northwestern's tobacco equities in index funds...

Author: /time Magazine | Title: How Much Do Life Insurers Profit from Tobacco? | 6/4/2009 | See Source »

Well, I'm a professional, and my job is to be a conduit. My personal opinion does not count. I don't use the word I. It's irrelevant. The only thing that counts is the guest. So is it harder to interview someone you don't like? You bet. But you gotta suck...

Author: /time Magazine | Title: 10 Questions for Larry King | 6/1/2009 | See Source »

That was the bet President George W. Bush placed during his final months in office, when the CIA greatly increased drone sorties and strikes in Pakistan. The accelerated attacks have been stepped up under President Barack Obama. Nowadays, the low hum of the drones has become a familiar sound in Waziristan, where tribesmen call them machay, or red bees. Their lethal sting has been felt in villages and hamlets across the Federally Administered Tribal Area (FATA). The main objectives of the campaign: to take out al-Qaeda's top tier of leadership, including Osama bin Laden, and deny sanctuary...

Author: /time Magazine | Title: The CIA's Silent War in Pakistan | 6/1/2009 | See Source »

...happen? On Saturday, Denville native Demauro and her friend John Capra decided to indulge their yen to bet. Their Atlantic City jaunt began innocuously enough, with Demauro, only a casual casinogoer, planting herself in front of a penny slot machine on the Borgata floor and Capra going off to try his hand at three-card poker. (See an interview with the new king of poker...

Author: /time Magazine | Title: Holy Craps! How a Gambling Grandma Broke the Record | 5/29/2009 | See Source »

...which one lights up his eyes. Ask him what our force posture should be toward China 10 years from now. And then ask him what tactical changes we should make on the ground in Iraq as a result of the last three months of combat. I'll bet you anything, he gets more excited about China...

Author: /time Magazine | Title: Robert Gates: The Bureaucrat Unbound | 5/28/2009 | See Source »

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