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Folks in Bayport, Minn. (pop. 2,900), can hardly wait for the Christmas holidays to end, for the big event of the year comes in icy January: Profit Sharing Day at Andersen Corp. For 74 years Andersen, a leading U.S. manufacturer of windows and patio doors, has split a chunk of its earnings among workers. After a banner 1987, this year's pot promised to be huge. But the 3,700 employees, many of whom rented limousines and dressed in their finest Saturday-night steppin'-out clothes to attend the Jan. 16 ceremony, had no idea just how huge. Amid...

Author: /time Magazine | Title: PROFIT SHARING: Bonanza In Bayport | 2/1/1988 | See Source »

...sneakily, breaking in like a thief in the night." In a hurriedly called meeting, Eyskens persuaded De Benedetti to limit his eventual share of La Generale to less than 25%, which will nonetheless give the Italian effective control over the company and with it a sizable chunk of the Belgian economy...

Author: /time Magazine | Title: I Came, I Saw, I Gained Control | 2/1/1988 | See Source »

...part of a moody, troubling description of his skirmish with a bored psychiatrist at a VA hospital. The author's sound instinct is to play against the dramatic. There is no resolution of the brother's predicament. You are missing the point if you try to watch one chunk of carrot in the roil of this Sleazy Street stew (the phrase is from a country-funk song lyric in praise of downward mobility: "It's coffee in the pot and a dirty sugar spoon/ it's towels on the floor of a dirty bathroom/ and a smell like...

Author: /time Magazine | Title: Books: Sleazy Street AFOOT IN A FIELD OF MEN | 1/18/1988 | See Source »

Boston's Blackstone Block is just such a marvelous chunk of city. Wedged between restored Faneuil Hall Marketplace and city hall, Blackstone Block is a seemingly haphazard labyrinth of buildings from several centuries strung along narrow, zigzagging streets. This jam-packed patchwork is, in extremely concentrated form, the natural look of cities, of anything created over time by many hands. Certain tacit rules apparently governed the 250-year accretion of buildings in Blackstone Block -- rules about material (red brick) and height (seven stories maximum) -- but within those constraints houses and workshops were demolished and built as circumstances demanded over...

Author: /time Magazine | Title: Design: Spiffing Up The Urban Heritage | 11/23/1987 | See Source »

While traditional exports are under pressure, the Japanese are busily trying to develop entirely new markets. The government of Prime Minister Yasuhiro Nakasone has offered its blessing -- and a sizable chunk of its budget -- to firms that are moving into such high-tech fields as supercomputers, biotechnology, lasers, aerospace and artificial intelligence. At MITI's Electrotechnical Laboratory in Tsukuba Science City, 37 miles northeast of | Tokyo, scientists are building exotic robots that, among other uses, have proved handy for entertaining foreign guests. British Prime Minister Margaret Thatcher, for one, enjoyed a game of catch with the lab's artificial hand...

Author: /time Magazine | Title: Japan Let Us Shake Hands | 10/19/1987 | See Source »

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