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...Clip, a quartz fashion watch set into a clothespin-like plastic clip that is designed to be worn almost anywhere except the wrist, has captured markets in 20 countries. The clip sells at about the same price as a Swatch and comes in 60 models, with such names as Tutti Frutti and Panther. Following the European debut of Le Clip in mid-1986, retailers sold more than 1 million within twelve months. The watch has now traveled to the U.S., where the manufacturer aims to sell a total of 750,000 within a year. Le Clip is hottest in California...

Author: /time Magazine | Title: Clip-On Clocks Are Clicking | 8/17/1987 | See Source »

Since former President Jimmy Carter signed treaties with Panama in 1977 that provide for the canal to be handed over in 1999, Americans have been leaving at a steady clip. In 1979, when the treaties went into effect, there were 2,455 Americans on a payroll that had already been cut sharply by the transfer of schools and other responsibilities to the U.S. Army. Now there are fewer than 1,200 U.S. citizens employed by the commission. This year, and every year until the handover, about 100 more will pack their bags. By the year 2000 only a tiny handful...

Author: /time Magazine | Title: In The Zone: The End of an American Enclave | 7/20/1987 | See Source »

After a lively period of experimentation when MTV was young, record companies have grown more cautious. Some, like CBS Records, have cut back on the number of videos they produce. Others have put a tighter rein on budgets, which average between $50,000 and $100,000 a clip. For all their artistic aspirations, rock videos are intended mainly as promotional tools; by that measure, a low-budget clip of the band in concert may do the job just as well as a more elaborate "concept" video. Says Video Director Wayne Isham: "What's good these days is what sells product...

Author: /time Magazine | Title: Video: MTV Faces a Mid-Life Crisis | 6/29/1987 | See Source »

Imports also increased in March, but at a much slower clip--up 2.9 percent to $34.7 billion. Still, that was enough to bring imports to a record level, surpassing the $34.3 billion mark set last October...

Author: NO WRITER ATTRIBUTED | Title: U.S. Trade Deficit Shrinks in March | 5/15/1987 | See Source »

...expects Airbus to surpass its U.S. rivals anytime in the foreseeable future. But if the European competitor keeps soaring, it is bound to clip more than a few American-made wings. For Boeing and McDonnell Douglas, prestige and big money are on the line, and the jet builders have no intention of giving up their dominance of the skies without a dogfight...

Author: /time Magazine | Title: Trouble on The Horizon | 5/11/1987 | See Source »

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