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...tackle inflation and the trade deficit. That is no insignificant gain; until the mad dollar-selling orgy was stopped, no economic policy of any kind had a chance of succeeding. The Administration has now shown speculators that the dollar can go up as well as down, and the boldest seller will think twice about fighting against an additional $30 billion war chest...

Author: /time Magazine | Title: To Rescue the Dollar | 11/13/1978 | See Source »

...before Ronstadt's touches, comes off fairly well because it gives Ronstadt a chance to belt out the lyrics. And that energetic vocal thrust, hardly what you'd expect from a shy, playful, innocent-looking singer who stands on stage clutching the microphone, rarely strutting about, even on the boldest tunes, gives Linda Ronstadt the power to captivate an audience. In it's February 1977 cover story on Ronstadt, Time called that vocal power "torchy rock." Well, you can choose your own descriptive term; whatever you want to call it, it's the essence of Ronstadt's appeal...

Author: By Mark D. Director, | Title: Little Linda Grows Up | 10/10/1978 | See Source »

...country that is least capable of recovery made the boldest promises. Premier Giulio Andreotti pledged to tame inflation and lift Italy's economic growth rate to 3.7% by cutting government expenditures, reducing welfare outlays and funneling more funds into industry. Milan's Corriere della Sera called Andreotti's pledges "gambling Italy's credibility...

Author: /time Magazine | Title: Business: A Summit off Moderate Success | 7/31/1978 | See Source »

...financier's boldest takeover attempt was his 1954 assault on Montgomery Ward. He spent $500,000 soliciting proxies, and barnstormed the country to line up nearly a third of the mailorder firm's voting stock, but ultimately failed to gain control. So he went after a slightly smaller target: American Motors. Wolfson had bought $4 million of AMC stock before Chairman George Romney talked him out of a takeover and converted him " into a messianic promoter of the Rambler. Wolfson would talk up the little car to barbers, taxi drivers, anyone he encountered, even offering to finance their...

Author: /time Magazine | Title: Sport: A Nice, Quiet Life | 5/29/1978 | See Source »

...opened a local news office in Long Beach, 20 miles to the south, a news bureau in San Bernardino, 55 miles to the east, and another in Santa Barbara, 85 miles to the west-all in hopes of winning new readers in those outposts. Last week, in the boldest act of press imperialism since the New York Times launched a short-lived California edition 16 years ago, the Los Angeles paper invaded San Diego, 110 miles to the south. The Times opened a 26-member editorial office there, committed an estimated $1.5 million to its first year of operation, rented...

Author: /time Magazine | Title: Press: Invasion from the North | 4/17/1978 | See Source »

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