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Large technology-based firms like IBM and Bell Labs are also sinking megabucks into research. Bell Labs will spend $1 billion on research this year, with large amounts going to develop fiber optics -systems that carry information in rays of light traveling through slender glass fibers rather than in electric...

Author: /time Magazine | Title: Business: The Sad State of Innovation | 10/22/1979 | See Source »

Some may visualize crisis management as a frenzied affair in which key policymakers converge on the White House in limousines, when harassed officials are bombarded by nervous aides rushing in with the latest flash cables. I have found this not to be accurate; periods of crisis, to be sure, involve...

Author: /time Magazine | Title: Special Section: CRISIS AND CONFRONTATION | 10/15/1979 | See Source »

No one was killed, only because no one was in the lavatories at the rear of the plane or near the gaping hole. Pilot George Gill skillfully edged the crippled craft to a safe landing at Logan, even though he lacked full power in the right engine, apparently because a...

Author: /time Magazine | Title: Nation: Air Scares | 10/1/1979 | See Source »

The scene is jarringly surrealistic. For thousands of square miles, there is nothing but the endless green of the Amazon rain forest, forbidding, primeval, untamed. Then, on a remote bend of the Jari River, a fast-flowing tributary, the vista changes dramatically. There, as tall as a 16-story building...

Author: /time Magazine | Title: Business: Billionaire Ludwig's Brazilian Gamble | 9/10/1979 | See Source »

Strauss showed from the start that he would tolerate no mistreatment from State. In the beginning officials snubbed him, neglected to invite him to key meetings and several times actually tried to alter his outgoing cables to Begin and Sadat. A couple of months ago, the Texan was not included...

Author: /time Magazine | Title: Nation: The Question of Who's in Charge | 9/3/1979 | See Source »

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