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Mobil, by dint of its huge cash flow, was always able to offer a steady stream of dividends, and Union Camp rewarded shareholders with a greater than 4% yield before the merger. But in a stock market mad for the kind of raw growth delivered by the likes of Cisco, Intel and America Online, both Mobil and Union Camp seemed like vestiges of a capitalist era past...

Author: /time Magazine | Title: Of Oil and Paper | 12/14/1998 | See Source »

...more. Less than two months after Mubarak's visit, the Turks got so mad at the Italians that everyone seemed to forget what the beef with the Syrians had been about. When I tried to remember, what came to mind instead was reading at around the same time about a crisis between Iran and Afghanistan--two countries that you'd think might be bound together by a shared affection for arresting women who show their faces in public. I couldn't remember reading about anybody going to defuse it. Did that mean it was still fused...

Author: /time Magazine | Title: Wanted: A Follow-Up Fillip | 12/7/1998 | See Source »

1950s The U.S. and the dollar reign supreme. The boomer economy fuels construction of homes, schools and highways. e bad news. mutual assured destruction (MAD...

Author: /time Magazine | Title: The Business Of America | 12/7/1998 | See Source »

...seven death row inmates attempted to escape from Huntsville Prison, about 80 miles north of Houston. The enterprising fellas apparently used a hacksaw to cut a hole in a recreation yard fence, hid on the roof of a cell block for nearly three hours and then made a mad dash for two 10-foot perimeter fences topped with razor wire. Huntsville guards opened fire immediately, emptying nearly 20 rounds. All the prisoners froze in their tracks and fell to the ground shaken but unhit--all except Martin E. Gurule, who scaled both walls (using either clothing or a blanket...

Author: By Sujit Raman, | Title: Life and Death in the Lone Star State | 12/1/1998 | See Source »

...What makes me mad is you scratch and fight for 60 minutes, and the guys in striped shirts decide it," said a positively righteous Bill Cowher. "There's just something wrong about that...

Author: By Daniel G. Habib, | Title: Unofficials | 12/1/1998 | See Source »

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