Word: weaker
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...Speaker--majority leader Dick Armey, G.O.P. conference chairman John Boehner and leadership chairman Bill Paxon--not to mention 20 or more insurgents from the rank and file. Cooked up in secrecy, the coup collapsed before it could begin. The result was a week of backstabbing that left Gingrich weaker yet more entrenched. It could lead, as early as this week, to a complete reshuffling of his leadership team--just as negotiations with the White House on the year's most important legislation enter their critical stage. Says Florida Republican Mark Foley: "It's like a circular firing squad...
...toothless wonder and should be tabled. Even granted essential regulatory muscle, the FDA needs both the resolve to carry forward its regimen and the funding to do it properly; perhaps revenues from a higher federal cigarette tax should be earmarked for this purpose. Arguments that government-certified weaker cigarettes might only encourage youngsters to take up the habit, would-be quitters not to, and addicted smokers to consume more cigarettes to compensate for their reduced fix per puff cannot be airily dismissed. But failure to outlaw the present high-yielding brands is a far more perilous course...
ALGIERS: A weaker than hoped-for turnout gave Algerian President Liamine Zeroual's party 150 seats in the country's first elections since 1992. But fundamentalist parties captured 103 seats, giving the country's Islamic movement a potentially important foothold once again in Algerian politics. More than 60,000 have been killed in the struggle between the government and the Islamic Salvation Front (FIS) since the Islamic party, which looked sure to gain control of the government in the 1992 elections, was outlawed after an army coup. Although the FIS is still party non grata, Zeroual has agreed to allow...
...YORK CITY: Intel's prediction of weaker-than-expected second quarter earnings sent the stock plunging in early trading Friday, dragging many other tech-stocks with it. Citing surprisingly weak demand for its microprocessor chips, Intel suffered a 14.5 percent drop in morning trading on the Nasdaq exchange. By the end of trading, the stock made up more than half its loss, finishing down $12.27 at $151.50 "Investors have a tendency to oversell and overbuy stocks when there is especially good or bad news," said Charles Boucher, an analyst at New York-based UBS Securities. "On a negative announcement from...
...setbacks, which have included fires on-board Mir and delays in the construction of critical components for the international space station. But TIME's Jeffrey Kluger reports that such difficulties are to be expected from an aging and underfunded space program. "The lack of funding has led to a weaker infrastructure in which the Mir used to be the crown jewel. Now it's the only stone left...