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...Island, Washington, will be presented to the union's board on Friday for approval. Captain Michael Cronin, the pilot's chief of legislative affairs, declined to give details of the agreement, saying, "We want our board of directors to hear it from negotiators and not from the press." The pact came as a surprise. When talks finished on Tuesday, an emergency board appointed by President Clinton to resolve the dispute was readying a report about the issues still separating the two sides. While this appears to be the end of the crisis, Cronin said there is still work...

Author: /time Magazine | Title: Staying Airborne | 3/19/1997 | See Source »

...research" scholarships to top students regardless of need. According to the minutes of a January 1987 Overlap meeting, "everyone agreed that this program has caused much unhappiness at all levels of the administration at other schools." Princeton denied that the program was an end run around the Overlap pact. A Dartmouth official called the denial an act of "sophistry." Yale's president, Benno Schmidt, wrote, "This looks like a blatant merit scholarship to me," prompting Princeton's president, William Bowen, to sniff during a deposition, "I would really not have thought a person as well trained...

Author: /time Magazine | Title: WHY COLLEGES COST TOO MUCH | 3/17/1997 | See Source »

...vision. In fact, his namesake, Martin Luther King III, is starting his own organization to fight Connerly every step of the way. This is part of the King family's long-running struggle to gain financial control over his writings and speeches (which includes a recent multimillion-dollar pact with Time Warner, this magazine's owner). But the real issue here is not money but whether people who oppose nearly everything King stood for have the right to assert that his corpse is marching in their parade...

Author: /time Magazine | Title: I HAVE A SCHEME | 2/3/1997 | See Source »

Bulgaria was the most docile of the old Warsaw Pact states, and its bosses held onto the bobbing wreckage of the Soviet-era centralized economy long after the bloc broke up in 1989. The Communist Party, restyled the Socialist Party, has governed for four of the seven years since then, keeping 90% of the economy in the hands of the state. While inflation soared and wages plummeted, corrupt officials stripped the country of its assets, turning the rest of Bulgaria's 8.4 million people into some of the poorest in Europe. Bulgarians have had enough and are demanding that Parliament...

Author: /time Magazine | Title: BULGARIA'S BOUNCERS | 1/27/1997 | See Source »

...deal does little to prevent the richer teams from continuing to outbid poorer, smaller market clubs for talent. The only break on salaries is the luxury tax, which forces up to five teams to pay taxes of 35 percent if their payrolls exceed $51 million next season. The new pact, expected to approved by the players union next week, should bring peace to baseball after years of labor strife since the last agreement between owners and players expired in 1992. In the end, the players got most of what they wanted (no cap on salaries), while owners got the interleague...

Author: /time Magazine | Title: Baseball Owners Play Ball | 11/26/1996 | See Source »

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