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...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 bonds floated by Michael Milken). His next big move put an indelible stamp on the Strip: Wynn opened the Mirage, a shimmering temple of camp, with white tigers behind glass in the lobby, Siegfried and Roy, and a volcano. Gambling was still the big money earner, but with Mirage, Wynn...

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

...blow not just to the weekend warriors-who were more accustomed to tornado cleanup than fighting-but to their families and Bradford's civic life as well. The town's big projects-to update the water system, jail the local methamphetamine dealers and make a clean sweep of the junk in people's yards-slowly stalled. Given fears for the town's soldiers, it was as if Bradford held its breath for the year they were in combat, hanging on every newscast, every e-mail and call home. "Nothing progressed," says Farrah Chambliss, 28, wife of police chief Josh Chambliss...

Author: /time Magazine | Title: Finding The Way Home | 5/31/2005 | See Source »

...gleeful enthusiasm. If only more of Europe's children knew as much about healthy food. Just like their counterparts in the U.S., European kids increasingly feast on a diet high in fat and sugar and low in nutrition - and too often that includes what their schools feed them. The junk-food problem was highlighted recently by British television chef Jamie Oliver, who describes meals served in British schools as "mostly rubbish." Poor diets have fuelled a big increase in the number of obese children; levels of childhood obesity in Europe have increased from between 5% and 10% 25 years...

Author: /time Magazine | Title: A Is For Apple | 5/22/2005 | See Source »

...home, beyond the reach of nutritionists and reforming administrators. Most experts agree that regular exercise is also a crucial factor in weight control (many of the nutrition classes also push the benefits of exercise). And even improved education and government restrictions such as the proposed European Union ban on junk food ads targeting children won't keep all kids from sometimes eating unhealthy food. At first glance, the playgrounds of St. Joan of Arc look filled with active, healthy and energetic kids. But on a recent day, a group of friends - hiding from the teachers in a far corner - could...

Author: /time Magazine | Title: A Is For Apple | 5/22/2005 | See Source »

...idea, the billionaire brushed it off. "He said, 'They have a lot of problems,'" recalls Mason. GM stock has been a dud, and despite popping 18% after Tracinda announced its stake, the company received a major blow last week when Standard & Poor's downgraded GM's credit rating to junk (along with Ford's). "Kirk thinks it's a strong company, with strong cash flow and strong assets," says his lawyer Terry Christensen. "He thinks the management can solve GM's problems...

Author: /time Magazine | Title: The Dealmaker Rides Again | 5/9/2005 | See Source »

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