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Charming Autocrat. The shake-up at Black Rock, as the CBS glass-and-granite monolith on Sixth Avenue is known, caught the broadcast industry by surprise-including senior executives at CBS. "This comes as a complete bolt out of the blue," said a corporate spokesman, struggling to explain the changes. What everyone wanted to know was: Why? Why had Taylor been fired after leading CBS to ever greater financial success and presumably having been selected by Paley to succeed him? Why had Backe, who had no experience in broadcasting-the heart of CBS's operations-been chosen...

Author: /time Magazine | Title: CORPORATIONS: Behind the Purge at CBS | 10/25/1976 | See Source »

...main question facing the Free Liberals is whether they should remain in the seven-year-old coalition with the Social Democrats or whether they should bolt and form a profitable coalition with the Christian Democrats. Politically and ideologically, the Free Liberals are closer to the Christian Democrats, but there have also been serious differences of opinion between the leaders of both parties, Schmidt and Hans-Dietrich Genscher (Foreign Affairs minister in the Bonn government). Further, the Free Liberals could strengthen their political influence as the state (lander) level if they joined with the Christian Democrats. In lander like Hesse...

Author: By Dennis Kloske, | Title: Will Germans Always be Germans? | 8/17/1976 | See Source »

Like apprehensive stragglers from the Japanese army who thought World War II was still going on long after it was over, Wall Street traders are super-sensitive these days about anything resembling the click of a rifle bolt. Take the case of E.I. du Pont de Nemours & Co., the nation's largest chemical producer. Four weeks ago, Du Pont announced that it would report profits for the second quarter slightly lower than those earned in the first three months of the year. Nervous investors took that as an indication that the recovery of the chemical industry...

Author: /time Magazine | Title: CORPORATIONS: Mean, Tough S.O.B.s | 8/2/1976 | See Source »

...current jockeying, no situation is more intriguing than that involving the 30-vote Mississippi delegation. Traditionally, Mississippi Republicans vote as a unit. Most observers expect that the unit rule will be retained and that Reagan will win the delegation, although some Ford supporters have threatened to bolt and back the President. The most influential member of the delegation, National Committeeman Clarke Reed, is being intensively courted by Ford: Reed was a guest of the President at a dinner for Queen Elizabeth in the White House Rose Garden. Reed expects the Mississippi delegation to vote for Reagan, but admits he certainly...

Author: /time Magazine | Title: REPUBLICANS: They're So Close | 7/19/1976 | See Source »

...they were on July 4, 1876. In Seward, Neb., a discount hardware store owner named Harold Davisson last year interred a 1975 Chevrolet in a crypt of concrete and steel. This year he is adding a blue Kawasaki motorcycle. Also in the vault are a Teflon frying pan, a bolt of polyester fabric, a zipper, a pair of bikini panties and a man's aquamarine leisure suit...

Author: /time Magazine | Title: The Nation: The Big 200th Bash | 7/5/1976 | See Source »

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