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...races for Governor, Lieutenant Governor and attorney general. Governor-elect Gerald Baliles, a lackluster former attorney general, is a protégé of popular current Democratic Governor Chuck Robb, who was barred by law from another term. Some suggested that Baliles was simply a stand-in for Robb, Lyndon Johnson's son-in-law and a founder of the conservative Democratic Leadership Council...

Author: /time Magazine | Title: Triumph of the Status Quo | 4/18/2005 | See Source »

...remain world leaders in many products. American firms hold a 64% share of the vital market for logic chips, or microprocessors, which carry out stored instructions. The Japanese, by contrast, have a 27% share. "For the time being, the logic-chip business is safe from foreign competition," says Stuart Johnson, who watches the semiconductor industry for the Manhattan firm of Wertheim & Co. "Logic chips are far more difficult than memories to copy and redesign." But U.S. manufacturers may soon face tougher Japanese competition in that market as well. --By John Greenwald. Reported by Cristina Garcia/San Francisco and Thomas McCarroll/New York...

Author: /time Magazine | Title: America's Chips Are Down | 4/18/2005 | See Source »

Relocating to New York City would put Chrysler closer to the banking and financial communities. It would also put Iacocca in the same city as his fiancée Peggy Johnson and the Statue of Liberty renovation project, which he chairs. Iacocca already spends much of his time at his New York office. Furthermore, despite his denials, Iacocca is rumored to be considering a run for the presidency, and a move to the East Coast would place him nearer the center of national political action. SEVERANCE PAY Bergerac's Golden Parachute...

Author: /time Magazine | Title: Business Notes: Nov. 18, 1985 | 4/18/2005 | See Source »

...scene could have been the Johnson Space Center in Houston. Computer control panels were labeled with such typical NASA acronyms as PAP (payload activity planner) and CIC (communication interface coordinator). On an enormous video screen, a curved line snaked across a map of the world, tracking the voyage of Flight 61-A through space. But wait a minute. Emblazoned on another screen against a black, red and gold background was a message that seemed strangely out of place: ERSTE DEUTSCHE SPACELAB MISSION. Translation: first German Spacelab mission...

Author: /time Magazine | Title: Space: Guten Tag, Houston Control! | 4/18/2005 | See Source »

When John Benda joined Johnson & Johnson 3½ years ago, he was puffing two packs of cigarettes a day and packed 210 puffy pounds on a 6-ft. 1-in. frame. Now the 29-year-old systems analyst no longer smokes, and his scale registers 170 lbs. Though he had intended to stop smoking and lose weight, Benda got started with the help of an extra incentive: a company-sponsored program that rewards employees for taking steps to safeguard health. By attending smoking or stress workshops, exercising for at least 20 minutes, keeping their weight down, wearing seat belts while driving...

Author: /time Magazine | Title: Health & Fitness: Giving Goodies to the Good | 4/18/2005 | See Source »

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