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...chance that the Reagan team will devise a viable method of deployment--it spent several months last year trying to dream up an alternative to the Carter Administration's race-tract-cum-shell game proposal--making the mobile missile a colossal waste of money or a very expensive bargaining chip to be traded off in some distant strategic arms reduction talks...

Author: NO WRITER ATTRIBUTED | Title: Time for Some Trimming | 5/4/1982 | See Source »

...helped stiffen the resolve of employers in contract talks. Wages and benefits account for some two-thirds of all U.S. business costs, and the emerging pattern of wage restraint in key industries, such as autos, trucking and airlines, strongly suggests that the slowdown in inflation is now beginning to chip away at the so-called core, or underlying, rate of price increase...

Author: /time Magazine | Title: Prices Take a Big Tumble | 5/3/1982 | See Source »

...four 13-year-olds from Dal ton, a private school in New York City, used the school's computers for a silicon-chip joy ride through the stored riches of several corporations. Over a period of six months, the Dalton Gang eavesdropped on private data banks, juggled accounts and mischievously erased 10 million bits of data from a Canadian cement company's computer. Tracked down and thoroughly chastised, the youths promised to go straight. But since then, electronic pranksterism by other teen-age sorcerers has only grown more sophisticated-and diabolical...

Author: /time Magazine | Title: Computers: Pranksters, Pirates and Pen Pals | 5/3/1982 | See Source »

Dealers have responded to such appreciation with come-ons as enticing as those of any money fund. John Jenkins lures the blue-chip set to his $20 million inventory in Austin with tax tips: a collection of rare books that cost $50,000 to build, he points out, can be donated to a library and deducted from taxes at the current value. So the collecting is free, and the gift may be named for the donor: immortality at discount prices. Concludes Jenkins: "All an investor needs is patience, a good adviser and a collection worth more than...

Author: /time Magazine | Title: Books: The Clothbound Collectibles | 4/26/1982 | See Source »

...before launching the pre-emptive strike which marked the beginning of the Six Day War. For the third time, Israel prevailed in the Sinai. Since its first two withdrawals had opened an avenue for Nasser to threaten Israeli security. Israel decided to hold onto the Sinai as a bargaining chip for peace...

Author: By Lawrance S. Grufstein, | Title: The Art of the Possibilist | 4/26/1982 | See Source »

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