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Corporate investors in South Africa include most of the U.S. blue-chip giants. Among those singled out by protesters: Citicorp, which has in the past lent money to the Pretoria government; Mobil Oil, which has invested about $426 million and sells its products to the government's procurement office; and IBM, whose computers are used by the country's bureaucracy. Business spokesmen argue that U.S. firms provide jobs for blacks in South Africa, work quietly to break down racial barriers and would be replaced by companies with a lower social consciousness if they pulled out. Indeed, many...

Author: /time Magazine | Title: Corporate Squeeze | 12/17/1984 | See Source »

...gifts" are as pleasant as breakfast in bed, mugs of hot chocolate, or homeade chocolate chip cookies, though...

Author: NO WRITER ATTRIBUTED | Title: Secret Santa Claus Is Coming to Town | 12/10/1984 | See Source »

Most economists believe the economy is merely coasting for a while, not collapsing. The consensus of four dozen forecasters surveyed monthly by Robert J. Eggert for his newsletter Blue Chip Economic Indicators is that G.N.P. growth will pick back up to 3.3% in 1985. A growing number of analysts, however, are more skeptical. Says Sam Nakagama, a Wall Street economic consultant: "We are already in the midst of a mini-recession, and the danger is that the economy will slide into a full-fledged recession...

Author: /time Magazine | Title: Trying to Puff Up the Sails | 12/10/1984 | See Source »

...father is as famous for his penchant for privacy as for his fiction, but when it comes to his career Matt Salinger, 24, the son of Catcher in the Rye Author J.D., is no chip off the writer's block. "My father sees his job as writing. Whether anybody reads his stories, his job is writing them. I see my job as acting." But young Salinger hopes somebody comes to see him in Dancing in the End Zone, which just started rehearsals and will open in January. It will be his Broadway debut, following some off-Broadway...

Author: /time Magazine | Title: People: Dec. 10, 1984 | 12/10/1984 | See Source »

...MIRVS). But this does not mean that development of a defensive system should be banned independently of what is done about nuclear weapons in general. The Soviets seem genuinely afraid of a technological race with the U.S. in space defense. This fear should be used as a major bargaining chip...

Author: /time Magazine | Title: Essay: Reagan II: A Foreign Policy Consensus? | 12/10/1984 | See Source »

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