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...fact, Black's new store is thriving. After half a dozen years of rebuilding a somewhat depleted faculty, raising women's enrollment to 39% and lifting its endowment substantially, the Columbia Law School is at a peak that Black fully intends to maintain and possibly elevate. In so doing, she will also be striving toward another, more personal goal. "Now," she says, "I would like to help persuade society that it should not be as difficult as it is for women to succeed at home and at work both...

Author: /time Magazine | Title: Joy in Gotham: A woman dean for Columbia | 6/21/2005 | See Source »

...that posed a high risk at premiums low enough to almost guarantee an underwriting loss; competitive rate-cutting slashed some premiums by 20% or more. But the insurers never got the bonanza they expected. Underwriting losses rose faster than investment income grew even when interest rates were at their peak...

Author: /time Magazine | Title: Nation: Sorry, Your Policy Is Canceled | 6/21/2005 | See Source »

...friends, including New York Mayor Edward Koch, were startled. Manes was at the peak of his 21-year political career, newly re-elected, and admired by his constituents. Soon, though, the reason for Manes' inner torture became known: his close friend Geoffrey Lindenauer, 52, whom Manes had placed as deputy director of the city's parking-violations bureau, was charged with extorting $5,000 from a private collection agency as a payoff for a contract to dun motorists for unpaid parking tickets...

Author: /time Magazine | Title: The King of Queens Is Dead | 6/21/2005 | See Source »

While falling petroleum prices have grabbed most of the attention, an army of other friendly forces are at work. The decline of the U.S. dollar by about 30% since its peak in February 1985 will help beleaguered U.S. exporters boost business by making their products more competitive with foreign rivals. Meanwhile, the decline in global interest rates will ease the burden on staggering debtors, ranging from U.S. farmers to developing countries like Brazil and Argentina. And even one of the thorniest problems of them all, the U.S. budget deficit, is becoming slightly less severe...

Author: /time Magazine | Title: The Amazing Boom Machine | 6/21/2005 | See Source »

...took 18 hours. It was then packed in space-age material resistant to heat and weather, loaded aboard a 747 early in April and shipped as a diplomatic pouch to Moscow. In the week before the concert, it was tuned and retuned so that it would be at its peak. "In the world of music," says Richard Probst, director of Steinway's concert and artist department, "this...

Author: /time Magazine | Title: Vladimir Horowitz: The Prodigal Returns | 6/21/2005 | See Source »

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