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BUSINESS Betting on the 21st Century In a merger with potentially historic implications for the communications and entertainment industries, Bell Atlantic Corp. announced it would acquire Tele- Communications Inc., the nation's largest cable-TV operator, and its cable- programming affiliate, Liberty Media. The resulting company could dominate the ''information superhighway'' of the future. The complicated stock transaction is valued at $21.4 billion...

Author: /time Magazine | Title: NEWS DIGEST OCTOBER 10-16 | 7/21/2008 | See Source »

...women. It is still a chicken- and-egg argument: Who or which comes first, the revolution or the revolutionary, the reformer or the reformation, the parade or the person leading it? The awarding of the Nobel Peace Prize last week to Nelson Mandela, president of the African National Congress, and F.W. de Klerk, President of the Republic of South Africa, bolsters both sides of this timeworn debate. De Klerk is pre- eminently an individual who has been pushed forward by the tide of events, a man of conservative bent who has been prodded by historical forces to act progressively, even...

Author: /time Magazine | Title: THEY GAVE PEACE A CHANCE | 7/21/2008 | See Source »

...alternative pioneer in the mid-'80s that went mainstream years before Pearl Jam was even formed. What's new is that the record charts are now crowded with alternative bands ranging from the arty-rock quartet Smashing Pumpkins to the folk-tinged Soul Asylum. MTV's Alternative Nation program and the Lollapalooza road tour, which feature the new breed, have become the hippest venues going...

Author: /time Magazine | Title: ROCK'S ANXIOUS REBELS | 7/21/2008 | See Source »

...being. Some critics of the band claim its members have handled their fame poorly. "I've heard Eddie Vedder complain about MTV, as if he had been bound and gagged to make the video for Jeremy and forced to sign a record contract with a major label," gripes Alternative Nation's veejay, who goes by the name of Kennedy. Her advice: "Don't bite the hand that feeds you, and if you're not hungry, get the hell out of the kitchen...

Author: /time Magazine | Title: ROCK'S ANXIOUS REBELS | 7/21/2008 | See Source »

Bill Clinton did such an elegant job of escorting his health-care package into the nation's political parlor -- first with his speech to Congress last - month, then with his wife's testimony there soon after -- that Americans can be forgiven for believing their President was ready to pass a new law. Now it looks as if what he really had ready was an outline, a schedule and a conviction that good intentions could make up for missing details. The White House, which promised to send health-reform legislation to Capitol Hill by early October, is nearly three weeks late...

Author: /time Magazine | Title: OXYGEN, PLEASE | 7/21/2008 | See Source »

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