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Fred Astaire and Ginger Rogers -- those legendary names are as synonymous with sophistication as a jet-black tuxedo, the snow-white swirl of an evening gown, a Ritz cracker . . . A Ritz cracker? According to Astaire's widow, a subsidiary of Nabisco Brands hoped to create just such a connection when it released a million packages of its familiar Ritz snack crackers decorated with dancers in formal dress. Though the faces seem airbrushed, Mrs. Astaire and the very much living Ginger Rogers see an uncanny resemblance to a photo of the famed Hollywood hoofers from the 1935 hit film...

Author: /time Magazine | Title: LITIGATION: Nabisco Faces The Music | 2/25/1991 | See Source »

Even as allied planes dominate Middle East skies, a big dogfight may be developing above the U.S. The gulf conflict has sent jet-fuel prices soaring and passenger travel plunging, creating brutal competition in the airline industry. Last week the big got bigger as American, United, Delta and Northwest all picked over the carcass of Eastern Air Lines. In a bankruptcy auction they divvied up 238 landing and takeoff slots, 48 boarding gates and four of the failed carrier's routes. The biggest winner: Delta, with 16 landing and takeoff slots, 21 boarding gates and three routes serving Canada...

Author: /time Magazine | Title: AIRLINES: Darwinism Aloft | 2/18/1991 | See Source »

With his gold jewelry, corporate jet, Beverly Hills compound and walkie- talkie-toting bodyguards, Kassar is the picture of Hollywood happiness. The industry's overpaid stars love him. But the 39-year-old chairman of Carolco Pictures, the father of the lucrative Rambo series, is coming under fire from investors for squandering money on his films and himself. And major studio bosses claim that his extravagance is hurting the business. For Sylvester Stallone's role in Rambo III, Kassar handed the star $16 million, more than the entire budget of First Blood, the series' opener. The cumbrous Arnold Schwarzenegger raked...

Author: /time Magazine | Title: If You're Going to Do a Party, Do It Right! | 2/11/1991 | See Source »

...allied soldiers locked in combat with Iraq's huge and well-equipped military, the question of who armed Saddam Hussein is hardly academic. They know that France sold Iraq the Mirage F-1 jet fighter as well as its armament, the Exocet missile, which could be launched with deadly effect against allied ships. Egypt provided many of the artillery pieces and secondhand, Soviet- built tanks that imperil allied soldiers on the ground. And the U.S. encouraged other nations to supply the sophisticated aircraft, advanced armored vehicles and other weaponry that threaten coalition soldiers. "It angers me," says 1st Lieut. Alan...

Author: /time Magazine | Title: The Arsenal: Who Armed Baghdad | 2/11/1991 | See Source »

Four Saudi jet fighters were flying patrol near the Kuwaiti frontier last week when their radios crackled an alert. Peeling off, they intercepted a pair of Iraqi fighters heading toward gulf waters where British warships were operating. Captain Ayedh al-Shamrani swerved his U.S.-built F-15 behind the Mirage F-1s and shot both out of the sky. Returning to base in Dhahran, the Saudi pilot received a hero's welcome. Said the modest Shamrani...

Author: /time Magazine | Title: The Allies A War Machine That Works -- So Far | 2/4/1991 | See Source »

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