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This strong impression was not shared solely by the shop owners. Larry Kerns, who was leasing manager for HRE when the arcade opened (he quit in August of 1994) says the financial analysis for the Shops By Harvard Yard was done on a 20- to 30-year-basis and that the arcade was "definitely not a short term project. I don't think it makes any sense for a real-estate developer to plan on such a short basis." He adds that he was "shocked" when he heard it was closing...

Author: By David H. Goldbrenner, | Title: Harvard Treats Tenants Unfairly | 3/1/1996 | See Source »

...Soviet Union. Oleg Kalugin, former head of the KGB's foreign counter intelligence service described Lipka in his book, 'First Directorate', calling Lipka's material "significant." During the 60's and 70's, Lipka allegedly photographed and stole classified documents and then sold them to Soviet agents. He apparently quit because he wasn't paid highly enough. TIME'S Douglas Waller says the case "will not produce the same stir as the Ames case. Whatever Lipka gave the Soviets is now long out of date." This is not likely to encourage leniency on the part of the U.S. Government, Waller...

Author: /time Magazine | Title: Grim Shadow of the Cold War | 2/23/1996 | See Source »

...news reports that its board had ousted chief executive officer Michael Spindler and chairman Mike Markkula. Their replacement was said to be Gilbert Amelio, an Apple director and chairman and CEO of chipmaker National Semiconductor. The speculation became a continuous buzz when it was learned that Amelio had abruptly quit National Semiconductor. But it was hours before Apple released a brief statement confirming Amelio's arrival and Spindler's departure, and noting that Markkula, an Apple cofounder, was returning to the post of vice chairman...

Author: /time Magazine | Title: QUAKES IN CUPERTINO | 2/12/1996 | See Source »

...Angeles' predominantly black community of Crenshaw; the movie complex is one of the top five in the U.S. in gross revenues and has sparked a business revival in its tough South Central neighborhood. He tried coaching the Lakers during the second half of the '94 season, but quit after finding it was harder to communicate with the modern player while wearing a suit rather than a Laker uniform. He bought 5% of the club from owner Jerry Buss, a share he had to sell back last week to comply with N.B.A. regulations that prevent a player from owning part...

Author: /time Magazine | Title: MAGIC JOHNSON: AS IF BY MAGIC | 2/12/1996 | See Source »

...game had been largely unnecessary. When Magic announced to the world on Nov. 7, 1991, that he had contracted the AIDS virus, it seemed to many that he was pronouncing his own death sentence. Michael Cooper, a teammate at the time, left the press conference crying. Johnson had to quit basketball then, supposedly for the sake of his own health and definitely for the peace of mind of his peers. He made cameo appearances, first at the 1992 N.B.A. All-Star Game and then as a member of the USA's Dream Team in the Barcelona Olympics, but when...

Author: /time Magazine | Title: MAGIC JOHNSON: AS IF BY MAGIC | 2/12/1996 | See Source »

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