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...only fitting that court fines are also measured in billions. Three weeks ago, a Houston jury ordered Texaco to pay Pennzoil $10.5 billion in damages for snatching Getty Oil away from Pennzoil in a takeover battle. Judge Solomon Casseb last week was due to review the decision. He could uphold, overturn or reduce the award. Journalists, high-priced lawyers, Wall Street traders and more than 200 onlookers last Tuesday squeezed into a cramped fifth-floor room in the Harris County Civil Courts Building, anticipating a decision. Casseb's verdict was expected at 1:30 p.m., but after taking the bench...

Author: /time Magazine | Title: The Texaco Star Strikes Out in Houston | 12/23/1985 | See Source »

Additionally, I would like to point out that it is unfair for Council members and/or Council officers to be expected to uphold specific political beliefs if they disagree with them. Some people have very strong arguments for constructive engagement, and feel that it would be morally reprehensible for the Corporation not to maintain its investments. It is wrong for the Council's liberal contingent to offend the political and moral sensibilities of the more conservative members by attempting to speak for them on the issue of divestiture. Additionally, the interests of Harvard's divestiture movement are much better served...

Author: NO WRITER ATTRIBUTED | Title: E4D Issue: Not Ideological | 12/14/1985 | See Source »

...didactic lesson: that we can breathe fresh life into old lines, and in so doing throw new light on theatrical traditions. Although this concept sounds obvious, putting on a play that was first produced in 1622 (and rarely thereafter) can be tricky business, especially when you've got to uphold a reputation for avant-garde wizardry...

Author: By Ari Z. Posner, | Title: More of The Same Thing With ART's 'Changeling' | 12/5/1985 | See Source »

...strong confirmation of support for the principles those groups are supposed to represent. The main thing should not be the NAACP endorsement, or putting x number of NOW members on a commission, but rather putting forth proposals for job programs and child care for working mothers, and fighting to uphold civil rights measures now being eroded...

Author: By Ariela J. Gross, | Title: Political Posturing | 11/5/1985 | See Source »

...estimated $41.5 million in losses at the paper from 1981 to 1984. ENA Chairman Peter B. Clark has defended the News like a crusader in a holy war; the paper was founded by his great-grandfather James E. Scripps in 1873. Last week, however, Clark's efforts to uphold family tradition gave way when his nine-member board, including six relatives, voted to put the ENA on the block...

Author: /time Magazine | Title: Press: No Longer All in the Family | 9/2/1985 | See Source »

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