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...prominent local distributor, Hattori. But Gillette blundered by abandoning its local agent after a few years. Japanese retailers viewed Gillette's move as arrogant, and the firm was unable to sell its products on its own. Says Jay Gwynne, president of the consumer health-products division of Warner-Lambert, which owns Schick: "To try to eliminate the Japanese middleman is the quickest way to commit suicide." Schick's single-blade stainless-steel razor was judged superior to Feather's double-blade carbon one, and Schick's razor became the country's best seller...

Author: /time Magazine | Title: Winners Against Tough Odds | 6/21/2005 | See Source »

...famine relief in Africa that he lacks the time and inclination to drag a blade across his jaw. Grab some rays at a tennis tournament and scrutinize the botanical shadow on Bjorn Borg's face. Take a trip down to the local triplex: Mickey Rourke, Timothy Hutton and Christopher Lambert are scruffing up the screen; Mel Gibson, as Mad Max, is atomizing his enemies; Sylvester Stallone and Chuck Norris are rounding up all those POWs and MIAs in Asia. It's a jungle out there, and when the enemy is lurking in the undergrowth, who's got time to worry...

Author: /time Magazine | Title: Living: Checking Out Cheek Chic | 6/21/2005 | See Source »

...Wall Street, reaction to the ruling was mixed. Drexel Burnham Lambert, the investment firm that first used junk bonds, called the decision "unwise and unwarranted." Drexel points out that of the $18 billion worth of junk bonds issued last year, less than 20% was used in takeovers. One supporter of the Federal Reserve was Felix Rohatyn, a partner of Lazard Freres, an investment banking house, who has been a critic of the use of junk bonds in hostile takeovers. Said he: "This was a sound step to curb the most extreme uses of junk bonds...

Author: /time Magazine | Title: Scrap over Junk: Restricting dubious bonds | 6/21/2005 | See Source »

...business has been brutal this year. Sometimes the old Cowboy Cliff Harris, 37, misses "a defined field where flags are thrown." Then he smiles and remembers the singular instant of Super Bowl X, when, for mocking Roy Gerela's missed field goal, he was body-slammed by Linebacker Jack Lambert. "In Dallas, logical thoughts were ingrained," Harris says, "emotional reactions discouraged. The funny thing is, you know how to play the best when you can no longer play at all. Even watching games now, the emotions of football flow through me, but I'm still in my mind a thinking...

Author: /time Magazine | Title: Life's Not a Bowl Of Any Single Thing | 6/21/2005 | See Source »

Presiding over this to-hell-with-you hullabaloo is Judge Marie Lambert, a seasoned New York City politician who runs her surrogate's courtroom with a singular feistiness. "Will someone turn the lights on back there?" she hollered one morning last week after taking the bench. "This place looks like a funeral parlor." A joke about funeral parlors during the biggest inheritance case in state history? It may be that for Lambert, a self-proclaimed defender of widows and orphans, this case arraying one against the other is a test of her emotional fortitude. She had frequent run-ins last...

Author: /time Magazine | Title: Law: Life-Styles of the Rich and Famous | 6/21/2005 | See Source »

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