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NASA also blamed private industry for crucial delays in the $384 million Mercury program. As originally scheduled, the first American astronaut would have blasted into orbit as early as April of 1960, nearly a year before the Soviet Union's first manned flight. Instead, John Glenn's three...

Author: /time Magazine | Title: Space: An Epilogue to Ineptitude | 10/11/1963 | See Source »

They are now widely used to check on the consumer's buying habits (the average supermarket shopper spends $13.10 on 22 items each time she enters the store), are pressed into service by oil companies to locate likely areas to drill, and can tell the Navy weather conditions surrounding...

Author: /time Magazine | Title: Technology: The Brainy Breed | 9/6/1963 | See Source »

Chauvinism undoubtedly played its part in the choice, particularly on the part of French bankers, but the Machines Bull method has definite advantages over the U.S. system. The U.S. method, which uses machines that are built by General Electric, National Cash Register and Burroughs Corp. as well as by IBM...

Author: /time Magazine | Title: France: Victory for the Bull | 5/17/1963 | See Source »

Winning the Eurocheck gives the company a head start over all other computer makers, but the company agreed to make the patents on its system available to all comers to induce Europe's banks to accept its system. Already IBM, National Cash Register and Burroughs plan to copy Machines...

Author: /time Magazine | Title: France: Victory for the Bull | 5/17/1963 | See Source »

Better than 90% of the nation's blue-collar workers enjoy company-supported health and welfare plans. Besides paying for unemployment insurance and chipping in their share of social security, hundreds of companies now pay up to half of employee life-insurance and medical-plan costs. Also common are...

Author: /time Magazine | Title: Labor: That Extra Something | 4/12/1963 | See Source »

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