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When dinner was over, Eisner went to the law firm Dewey Ballantine to iron out the final niceties of Disney's $19 billion deal to buy Capital Cities/ABC. And next morning, when he and Cap Cities chairman Thomas Murphy arrived on Good Morning America to stun the world with news of their merger, it was tempting to view Eisner's triumph as the kind of danouement usually reserved for the last 10 minutes of a Disney movie. Wall Street whooped at the deal, which united Disney's theme parks and movie and television studios with ABC's gold-plated network...

Author: /time Magazine | Title: EASY AS ABC | 8/14/1995 | See Source »

...economic potential is equally enormous. Majestically swirling ocean currents influence much of the world's weather patterns; figuring out how they operate could save trillions of dollars in weather-related disasters. The oceans also have vast reserves of commercially valuable minerals, including nickel, iron, manganese, copper and cobalt. Pharmaceutical and biotechnology companies are already analyzing deep-sea bacteria, fish and marine plants looking for substances that they might someday turn into miracle drugs. Says Bruce Robison, of the Monterey Bay Aquarium Research Institute (MBARI) in California: "I can guarantee you that the discoveries beneficial to mankind will far outweigh those...

Author: /time Magazine | Title: THE OCEAN FLOOR: THE LAST FRONTIER | 8/14/1995 | See Source »

Seems the U.S Forest Service thought the rocks along a road in Washington's Cascade Mountains didn't look, well, natural enough. The service was going to spray them with a liquid mixture of iron and manganese, until a public outcry over wasting $37,000 to do it forced second thoughts. The Forest Service now says it will let the Mother Nature work on the rocks for a year before making a decision on whether they look weathered enough...

Author: /time Magazine | Title: YOUR TAX DOLLARS AT WORK | 7/28/1995 | See Source »

...only time will tell." At the same time, she has been painstakingly cautious in her statements. She confessed to a natural affinity for the military because her father, Burmese nationalist hero Aung San, was a general. Her charm offensive was extraordinary -- but how will the junta react when the iron-willed Suu Kyi starts speaking more freely? "They have been known to misjudge the situation very badly," says Zunetta Liddell, a researcher for Human Rights Watch/Asia in London, "and I think they may have done...

Author: /time Magazine | Title: SETTING FREE THE LADY | 7/24/1995 | See Source »

Europe, a reluctance that still plagues her successor, John Major. The Downing Street Years, the first volume of her memoirs, covered her time in power. This one is more interesting and better fun, a formidable leader looking back on her early winning battles. She is known now as the Iron Lady, but as a pretty, naive young pol who cut through cant, prevarication and some very real problems, she must have been exhilarating. Her rise, as she once described the star-is-born press coverage that greeted her maiden speech in Commons, was "roses, roses...

Author: /time Magazine | Title: BOOKS: ROSES, ROSES ALL THE WAY | 7/10/1995 | See Source »

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