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There is another potential winner. For Fred Sullivan, 63, the red-haired and compulsively energetic chairman of Walter Kidde, the sale of U.S. Lines completes an eight-year saga of frustration and expensive litigation. Sullivan, a Litton Industries alumnus who ran the conglomerate with Founders Tex Thornton and Roy Ash, has built Kidde from a sleepy outfit into a diversified firm (cranes, safety equipment, sporting goods, etc.) with 1977 sales of $1.5 billion and profits of $56.7 million. But the acquisition of U.S. Lines in 1969 for $104 million in cash and stock was, Sullivan admits, a grave mistake...

Author: /time Magazine | Title: Business: New Skipper for U.S. Lines | 4/24/1978 | See Source »

George ended up by flicking cigar ash on Pat's white shoes. Pat responded by throwing George in the swimming pool. Burns is suing, but Boone says he was just trying to baptize...

Author: NO WRITER ATTRIBUTED | Title: Oscar Beats the Odds | 4/6/1978 | See Source »

...dust as the volcanic eruptions began. Startled, the animals gathered at the water hole?hyenas, saber-toothed tigers, giant elephants ?took off in a great stampede. Joining in the flight were small creatures that though they looked like apes, walked upright. Before long, the rain of volcanic ash had completely buried the site and all signs of the life around...

Author: /time Magazine | Title: Science: Laskey's Find | 3/6/1978 | See Source »

...hunch that "we didn't look hard enough," Mary returned to Laetolil. She soon began finding jawbones, teeth and other fossils that were clearly of hominid (manlike) origin. She and her coworkers, including her son Philip, also discovered thousands of fossilized tracks under a layer of ancient volcanic ash that had been eroded by seasonal water. Most were made by animals, but Philip, the younger brother of Anthropologist Richard Leakey (TIME Cover, Nov. 7), spotted several prints that apparently were left by a creature much higher on the evolutionary ladder...

Author: /time Magazine | Title: Science: Laskey's Find | 3/6/1978 | See Source »

...Ash Wednesday, the streets are bare and parties over. Preparations have already begun for next year. Until then, New Orleans will slumber...

Author: By Jon Alter, | Title: Where the People Sing and Play Mardi Gras | 3/6/1978 | See Source »

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