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...verdict was a major victory for Reynolds and for the tobacco industry as a whole, which currently faces more than 40 similar liability suits. Lawyer Belli plans an appeal, based on Judge Bruce Dodds' refusal to admit important evidence about the Surgeon General's reports on the hazards of smoking...

Author: /time Magazine | Title: Up in Smoke; A jury snuffs a cigarette suit | 6/21/2005 | See Source »

...does the difficult task of defending U.S. interests and countering the spread of surrogate Soviet regimes. Until the Pentagon faces up to the realities of low-intensity conflict, the U.S. will remain a highly visible and too often helpless target. --By Evan Thomas. Reported by Michael Duffy and Bruce van Voorst/Washington

Author: /time Magazine | Title: A Warrior Elite For the Dirty Jobs | 6/21/2005 | See Source »

...shares, less than the amount normally swapped by pension funds and other institutions. Most of the trading was thus probably not done by big investors. Shareholders who sold before early Wednesday afternoon stood to make huge profits, but those who held on too long watched their earnings evaporate. Said Bruce Lazier, an analyst at Prescott Ball & Turben: "Somebody did a giant con job on a lot of investors...

Author: /time Magazine | Title: Rampage of Rumors | 6/21/2005 | See Source »

...full disclosure. "There are a large number of the programs," says Secretary of Defense Caspar Weinberger. "They will, we think, give us an advantage. And the way to maintain that advantage is not to talk very much about them." --By Jacob V. Lamar Jr. Reported by Michael Duffy and Bruce van Voorst/Washington

Author: /time Magazine | Title: Keeping Programs in the Black | 6/21/2005 | See Source »

...difficult to heal. During one 24-hour period, 60 homes were fire-bombed and 30 private cars and police vehicles were damaged as police tried to control a clash between militant youths and vigilante squads in the township of Alexandra, near Johannesburg. --By Janice C. Simpson. Reported by Bruce W. Nelan/Johannesburg

Author: /time Magazine | Title: South Africa: A Relic of Apartheid Falls | 6/21/2005 | See Source »

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