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INJURED. Jerry Dunphy, 62, $450,000-a-year anchorman of Los Angeles' most popular local news program (KABC-TV's Eyewitness News); when four gunmen in an Oldsmobile pulled alongside his Rolls-Royce convertible and opened fire on him and his companion, Studio Makeup Artist Sandra Marshall, 36; in Hollywood. Dunphy, who is resting comfortably in the hospital, was struck by a bullet in his neck and one in his left arm; Marshall was shot in her right arm. At week's end no motive for the ambush had been discovered...
...Graduate School of Education started an elite program this fall to help professionals switch to teaching in midcareer. One of the seven "students" in the pilot program is Jim Selman, 59. With his children through college and his mortgage paid off, Selman is quitting his $50,000-a-year job as an electrical engineer at Mitre Corp. Mitre is paying Selman's $8,320 tuition. When he finishes the program, which includes 14 weeks of student teaching, Selman will be accredited to teach science and math in Massachusetts schools, and he is looking forward to being "able to effect...
...President's tax cut helps people primarily in higher income brackets. By contrast, the $720 cap would have hit hardest some 4 million taxpayers earning $50,000 or more a year. But Republicans pointed out that a roughly equal number of middle-class families and individuals earning between $30,000-$50,000 a year would also benefit from the full cut. For instance, a $30,000-a-year married couple (one child, filing a joint return, claiming four exemptions) can now expect a tax saving of about $430 annually...
...America knows generally what Sloan, a writer for the Time Inc. monthly magazine MONEY, and Lampert, a reporter for Newsweek, are writing about. Beginning last August, Bill Agee, the $900,000-a-year chairman of Bendix, tried to take over Martin Marietta. At his side as a powerful consultant was his new wife Mary Cunningham. At the time, Cunningham was not employed by Bendix, but two years earlier, as Agee's protégé, she had briefly served as vice president for strategic planning at Bendix. Agee grossly underestimated Martin Marietta's defenses. The company retaliated...
...Alan Cranston of California, condemned Reagan's approach and instead proposed more generous federal support. Cranston offered a plan featuring financial bonuses for improving test scores. Topping the $11 billion program Mondale announced six weeks ago, Hollings unveiled a $14 billion program that would give $5,000-a-year raises to all 2.3 million public school teachers. Hollings also borrowed from the Bard: "Shall the public schools of this land be bound in shallows and in miseries, or shall we take the tide at the flood? This is education's tide . . . This is education's hour...