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Like all other securities firms, Nomura has felt the sting of last October's Wall Street crash. For the six months ended last March, the company's profits nosedived to $713 million, a 23% decline from the same period a year earlier. But that was more than 300% higher than the 1985 figure, and Nomura continues to benefit from the unprecedented boom in the Tokyo stock market...

Author: /time Magazine | Title: Special Report: Japan's Nomura: Yen Power Goes Global | 8/8/1988 | See Source »

Meese decided to get out while the getting was good. As a past master of White House spin control, he knew he could soften the sting of McKay's report by characterizing it himself before anyone else knew what was in it. Moreover, Meese realized that his effectiveness at Justice was crippled. The department is operating with three of its four top officials having been there only a short while, and morale is such that U.S. attorneys joke that the nation's highest law officer is barely staying a step ahead of the sheriff...

Author: /time Magazine | Title: Veni, Vidi, Vindicated? | 7/18/1988 | See Source »

...done this before, but always in Spanish. Nothing But the Truth is his first record in English, and, with collaboration from the likes of Elvis Costello, Sting and, most formidably, Lou Reed, he has fashioned eleven songs that range wide and pierce deep, all sharing a similar theme. "Violence is love gone crazy" is the way he puts it, with the same snazzy elan and offhand humor that make him such an affable and adept screen actor. He seems easy with it all: sweeping rock, laid-back jazz, Latin-inflected pop. Recently he reflected on the album on a film...

Author: /time Magazine | Title: Music: Of Ghosts And Magic | 7/11/1988 | See Source »

...traveling at the rate of more than 300 miles a year. The bees are more aggressive than most domestic strains; when disturbed or defending their nests, they frequently attack animals and humans. Although their venom is no more potent than that of European bees, they are much likelier to sting, and so many sting at once that serious injury, even death, can result. Hundreds have died from such attacks in Latin America...

Author: /time Magazine | Title: Environment: Rising Unease about Killer Bees | 5/30/1988 | See Source »

...NCAA Tournament. Earlier in the year, the Owls had hooted past the Crimson, 13-8. They do it again, by the same score. The Crimson writes: "Losing is never easy to bear, but when you lose to the best team in the nation, it takes some of the sting out of it." Temple goes on to win the national championship...

Author: NO WRITER ATTRIBUTED | Title: Agony, Ecstasy and Even a Few Titles | 5/25/1988 | See Source »

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