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...addition to the sluggish economy, an important factor in the dollar's weakness may be fears that President Reagan, because of his recent brush with cancer, will not be able to serve out his full term. Says Alfred Roth, the chief currency trader at New York City's Chemical Bank: "So much of this market is not just economics. It's pure psychology, and Reagan's health has done a lot to hurt the dollar." Agrees Pierre Rinfret, a New York-based economic consultant: "Confidence in President Reagan's leadership made the dollar a strong, upbeat currency for roughly three...

Author: /time Magazine | Title: Summer Slump | 6/21/2005 | See Source »

...have another purpose. I want to understand how NASA works and how it's been successful," said the Florida Democrat, who by no coincidence is chairman of the Space Science and Applications subcommittee. His special assignment during the five-day flight will be to grow crystals in space for cancer research. But first he will have to learn to be a bit more careful. Despite warnings about the disorientation he would feel during simulated zero-gravity training on a plane, Nelson did what came naturally. "I used to think how it would be great to push off and sail through...

Author: /time Magazine | Title: People: Dec. 2, 1985 | 6/21/2005 | See Source »

...Medicine For families of artificial-heart patients, the experiment has been grueling. Drinking milk may reduce the risk of colon cancer...

Author: /time Magazine | Title: Table of Contents: Dec. 9, 1985 | 6/21/2005 | See Source »

...milk is a natural source of the calcium needed to build strong bones and healthy teeth. Now grownups may also have a good reason to drink (fat-free) milk. A study published last week in the New England Journal of Medicine suggests that calcium may help protect adults from cancer of the large intestine, a sometimes fatal disease that has afflicted some 138,000 Americans this year--including President Reagan, who had surgery to remove a cancerous growth from his colon last July...

Author: /time Magazine | Title: A Daily Quart | 6/21/2005 | See Source »

...Oddly, Wynn isn't very interested in gambling. His bingo-parlor-owner father, to whom Steve was reportedly close, was a compulsive gambler. On the eve of his father's cancer surgery, as an English major at the University of Pennsylvania, Steve sat at his father's bed, tallying more than $200,000 in the elder Wynn's outstanding debt. Steve made his first major foray into Vegas in 1972, buying an interest in the Golden Nugget, a seedy downtown casino. He overhauled the place, then built a new Golden Nugget in Atlantic City, New Jersey, (with financing from junk...

Author: /time Magazine | Title: Wynn's Big Bet | 6/20/2005 | See Source »

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