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Kohl tried to halt the popularity slide by reshuffling his Cabinet last week, but the move only underscored his political weakness. Among those ousted was disruptive Defense Minister Rupert Scholz. Recent controversies concerning West German involvement in Libya's suspected chemical-weapons plant, local political scandals and resentment over unpopular tax and health-care reforms don't fully explain the public disenchantment that first showed up earlier this year in municipal elections. "I believe there is a kind of gambler's attitude in parts of the electorate," says Otto Lambsdorff, chairman of the centrist Free Democratic Party. "They are saying...

Author: /time Magazine | Title: West Germany: Down in The Dumps | 4/24/1989 | See Source »

...stand in the way of a solid agreement between two of America's biggest companies? Yet Time and Warner have long been considered takeover targets, and speculation arose that a raider might go after one of them soon, before a merger could create a nearly invulnerable behemoth. Everyone from Rupert Murdoch to Warren Buffet, the shrewd Omaha-based investor, was mentioned as a possible buyer. But no suitor had come forward by week's end. Time's shares gained 6 5/8 for the week, to close at 115 3/4, and Warner's rose...

Author: /time Magazine | Title: A Deal Heard Round the World | 3/20/1989 | See Source »

...newspaper war was fired when the Post unveiled a new Sunday edition in a $25 million attempt to fight its way into the black. The Sunday edition is the big gun of millionaire real estate , magnate Peter Kalikow, who bought the ailing Post from press lord Rupert Murdoch last year. Kalikow, 46, admits he did not know much about publishing when he took over the paper. "When you fly on an airplane," he says in his thick Queens accent, "you don't know how the plane works. You fly on it because it's going to take you someplace...

Author: /time Magazine | Title: Press: The Last Stand of the Tabloids | 3/13/1989 | See Source »

Rumpled and lumbering, with a line of patter as weary as his smile, agent Rupert Anderson looks miscast as a male Mata Hari. Yet here he stands in Mrs. Pell's hallway, romancing the sad beautician in hopes of securing testimony against her husband. It seems a cruel bit of FBI sleuthing -- until Anderson steals a glance at her hair. The glance passes as quick as guilt and as long as longing. From it we learn that Anderson knows more about women than we thought, and feels more for this woman than he should...

Author: /time Magazine | Title: Show Business: Hackman: A Capper for a Craftsman | 1/9/1989 | See Source »

...says with exaggerated humility, "My dream in life was to own a cow." Now he owns a whole herd of cash-cows to sustain an increasing debt necessary to finance his global expansion. With his military training, he does best with a clear enemy, and currently that is Rupert Murdoch. In their Hertz-Avis relationship, Murdoch is several long steps ahead. His News Group Newspapers, Ltd., is worth $13 billion, with a $6 billion debt, whereas Maxwell Communication Corp. runs at around $5 billion, with roughly $2 billion in debt. Murdoch's tabloid, the Sun, sells 4.2 million copies...

Author: /time Magazine | Title: Larger Than Life: ROBERT MAXWELL | 11/28/1988 | See Source »

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