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...executive and president Jeffrey Erickson announced his resignation late Thursday, on the day the airline posted a $14.3 million quarterly loss linked to the July crash of TWA flight 800. The tragedy reversed the remarkable financial turnaround that was underway at the long-floundering company, which posted a 400-fold gain in its second-quarter earnings on July 17, the day of the crash. Erickson, 51, said he would step down in January. As investigators increasingly focus on possible mechanical failure as a leading theory for the crash, amid speculation, accurate or not, suggesting the possibility that TWA could have...

Author: /time Magazine | Title: TWA Chief Bails Out | 10/26/1996 | See Source »

...concerned that the only magazine for the discussion of women's issues that is currently being published on campus might fold," Peimer said. "It's been a case of poor vision for a couple of years...

Author: By Ariel R. Frank, | Title: Lighthouse Insiders Confirm Fiscal Woes | 10/15/1996 | See Source »

...President. Consistently, the group, which included former Connecticut Governor and Senator Lowell Weicker and New York businessman Thomas Galisano, warned Perot that if he ran again, he could no longer be a one-man band. This time, the advisers said, he had to bring national-level politicians into the fold. He had to listen to their policy prescriptions and incorporate their ideas into his Reform Party's platform. He had to plan ahead, they said, to know in advance how he would position himself and his people in ways that would win--and not just annoy...

Author: /time Magazine | Title: WHY PEROT WASN'T A CONTENDER | 9/18/1996 | See Source »

...guidelines make clear, the key to successful treatment is two-fold. Doctors must first determine, by performing a cat scan, that the stroke is indeed being caused by a clot and not by a leaky artery. (In such cases, called hemorrhagic stroke, clotting is actually beneficial because it stops the loss of blood.) Then the physicians must ensure that less than three hours have elapsed since the stroke's onset. Otherwise the risk of bleeding into the brain is too great...

Author: /time Magazine | Title: A QUICK FIX FOR STROKES | 9/16/1996 | See Source »

Should your outdoor adventure require watercraft, Mad River Canoe of Waitsfield, Vermont, manufactures a series of boats with aluminum-tubing frames and polyvinyl chloride skins that actually fold up into a backpack. Bon voyage, portage...

Author: /time Magazine | Title: THE SEDATE OUTDOORS | 8/19/1996 | See Source »

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