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...year since Mikhail Gorbachev announced a sweetening of incentives for foreign investment in Soviet industry, many U.S. corporations have nibbled but none have bitten until now. Last week a Connecticut petroleum-engineering firm signed up for a $16 million U.S.-Soviet joint venture to develop control systems for oil refineries and petrochemical plants. Combustion Engineering of Stamford will supply the technological know-how, while the Soviet oil ministry provides equipment and labor. Although control over the venture is tipped 51% to 49% in favor of the Soviets, the pact offers something for both sides: Moscow gets access to badly needed...

Author: /time Magazine | Title: JOINT VENTURES: Glasnost Makes a Deal | 11/23/1987 | See Source »

...fact, is unsparing in its depiction of the folkways of the Midwest. Nebraska, it turns out, has 376 one-room school houses. Half of first-time brides in Kentucky are teenagers. Turning its sights on the nation as a whole, the Index informs that every year 6312 postmen are bitten by dogs and that American's favorite meal is steak and potatoes...

Author: By Noam S. Cohen, | Title: Untrivial Pursuits | 11/3/1987 | See Source »

Director Phil Alden Robinson, whose previous credits include the screenplay for All Of Me, weaves the story of Carver in a relentlessly sentimental sweetness fest that made me long for the hard-bitten realism of Bambi, or at least Goldilocks and the Three Bears...

Author: By Emil E. Parker, | Title: In The Goo | 10/9/1987 | See Source »

...medical bills before his problem was correctly diagnosed: he had Lyme disease, a bacterial infection spread by ticks. Says Dabney, chief ranger for the National Park Service: "I'm convinced that a lot of people are being treated for arthritis when they've been bitten by a tick...

Author: /time Magazine | Title: Medicine: Big Trouble with Tiny Ticks | 9/28/1987 | See Source »

...stock-picking bug has even bitten people who would ordinarily take no pleasure in studying price-earnings ratios and balance sheets. "It's so simple, it's insane. If you do this carefully, it's like picking money off trees," declares Michael Petryni, a Los Angeles screenwriter, sounding more like a TV pitchman. But behind the scenes, Petryni spends at least two hours a day studying financial papers like Investor's Daily and following stock quotes using the same computer terminal on which he writes his scripts...

Author: /time Magazine | Title: Riding The Wild Bull | 7/27/1987 | See Source »

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