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...Peak performance. To demonstrate that the environment is a common cause, 15 U.S., Soviet and Chinese climbers hope to reach the top of 8,848-meter (29,028-ft.) Mount Everest on Earth Day. Those who get there will place satellite calls to heads of state, then pick up garbage and gear dumped by previous expeditions...

Author: /time Magazine | Title: Environment: EARTH DAY A GLOBAL FESTIVAL | 4/23/1990 | See Source »

...just released second album debuted in one trade publication at the very top of the charts. Her first single, a rhapsodic rendering of Prince's ballad Nothing Compares 2 U, is also a runaway hit, currently No. 4 on the Billboard Top 100 and threatening to scale the peak. No wonder she can title her album I Do Not Want What I Haven't Got. Easy for her to say. It looks very much like Sinead (say it Shin-aid) O'Connor will have...

Author: /time Magazine | Title: Music: Approach of A Desolation Angel | 4/16/1990 | See Source »

...deep financial trouble. But none have burned through as much money in so short a time -- without even a near hit -- as De Laurentiis. Worse still, few if any ventures contained such a web of insider-enriching transactions. Stockholders of DEG, who saw their shares plummet from a peak of $19 to less than 40 cents, have responded with fiery class-action lawsuits. At the same time, DEG is suing De Laurentiis for $50 million, accusing its founder of fraud, misrepresentation and self-dealing...

Author: /time Magazine | Title: Star Of His Own Dubious Epic | 4/9/1990 | See Source »

Lynch has heard such criticism since the mid-1980s, when Magellan was scoring some of its biggest gains. "It hurt when people kept saying that Magellan had reached its peak, that it was impossible for us to beat the market anymore," Lynch told TIME's Boston bureau chief, Robert Ajemian, last week. "I really wanted to prove them wrong. So I stayed...

Author: /time Magazine | Title: The Wizard Bows Out | 4/9/1990 | See Source »

Another source of concern among the Japanese is the increasing tension in negotiations aimed at closing the trade imbalance between the U.S. and Japan. While Tokyo's global merchandise trade surplus shrank from a peak of $96.4 billion in 1987 to $77.1 billion in 1989, much of that decline came from increased trade with European and Asian countries. Despite Japan's increasing imports of American products, the U.S. trade deficit with Japan has remained largely unchanged, stuck at the current level, around $50 billion...

Author: /time Magazine | Title: Pop! Goes the Bubble | 4/2/1990 | See Source »

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