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...lately, you'd think the Surgeon General had just discovered that it's the paper, not what's wrapped inside, that makes cigarettes deadly. In just five months, shares of the nation's biggest tobacco company, Philip Morris (Marlboro), have risen 47% while shares of No. 2, RJR Nabisco (Winston, Camel), have jumped 39%. Sure, the industry just won a slew of important court cases. But that's hardly news. Big Tobacco has been snuffing out liability claims in the courts for decades. What's new is a persistent buzz that some kind of deal is in the works...

Author: /time Magazine | Title: PAY UP, PHILIP MORRIS! | 3/17/1997 | See Source »

...Stags led by seven at halftime and stayed with the Tar Heels (25-6) until the final minute before the pro-North Carolina crowd in Winston-Salem. The victory gave Smith an 876-253 record in his 36th season at North Carolina. Rupp had an 876-190 record in 41 years at Kentucky...

Author: NO WRITER ATTRIBUTED | Title: March Madness: UNC Nips Fairfield | 3/14/1997 | See Source »

...room served as his study. And because of a renovation ordered by Harry Truman that demolished the interior of the White House, even the walls are 20th century. The mattress is no treat; the furniture is lugubrious Victorian; and for good measure the place is supposed to be haunted. Winston Churchill is said to have sighted Lincoln's ghost. Queen Wilhelmina of the Netherlands reported an ectoplasm in a stovepipe hat. Bill Clinton thought he saw some easy dollars. He must have been mistaken. They weren't that easy after...

Author: /time Magazine | Title: STEP RIGHT UP | 3/10/1997 | See Source »

Jiang's biggest problem is that he is only first among equals, and, says Winston Lord, former Assistant Secretary of State for East Asian and Pacific Affairs, "he can't just issue edicts. He has to marshal a consensus." That consigns him to continuity and caution rather than bold decision making in the manner of Deng. One day after the Paramount Leader's death, Jiang issued a statement promising to turn "grief into strength" in "unswerving" pursuit of Deng's policies. The process already in place dictates avoiding radical shifts in economic and political policy at home and minimizing...

Author: /time Magazine | Title: DENG XIAOPING SET OFF SEISMIC CHANGES IN HIS COUNTRY. . . | 3/3/1997 | See Source »

...lived one of the most remarkable lives of the 20th century, too implausible for a romance novel or a Hollywood blockbuster. A vivacious English aristocrat, she married Winston Churchill's only son at the outset of World War II, then a legendary Broadway producer and finally one of America's best-known and richest statesmen, before earning her own political stripes, transforming herself into a woman of substance and flourishing anew as the highly respected U.S. ambassador to France...

Author: /time Magazine | Title: HER BRILLIANT CAREER: PAMELA HARRIMAN (1920-1997) | 2/17/1997 | See Source »

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