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...summer weekends, Jim Rouse and his second wife, Patti, a former commissioner of housing and development in Norfolk, Va., often board their 30-ft. cabin cruiser Adequate and head for a small island he owns on the Miles River. But Rouse is not about to retire to his watery fastness. In April he announced a new venture, the Enterprise Development Corp., owned by a nonprofit organization, the Enterprise Foundation. The most ambitious Enterprise enterprise to date is a $13.5 million program to spruce up Norfolk's dreary waterfront. The project, about half the size of Harborplace, will employ much...

Author: /time Magazine | Title: Living: He Digs Downtown | 8/24/1981 | See Source »

Swing. Splash. Surprise. No one was more surprised than First Lady Nancy Reagan, 59, at the successful christening of the 560-ft. guided-missile cruiser U.S.S. Ticonderoga at the Ingalls shipyard in Pascagoula, Miss. Said she: "All I could think of was 'Lord, I am going to go down in history with Mrs. Truman!' " First Lady Bess Truman had struck out when she tried to crack a champagne bottle against the nose of the C-54 U.S. Capitol in 1945. Though that plane got no kicks from champagne, this ship did. Nancy, a righty (natch), uncorked a swing...

Author: /time Magazine | Title: People: Jun. 1, 1981 | 6/1/1981 | See Source »

...tour of Cabrini-Green, a violence-torn public housing project on Chicago's Near North Side, Mayor Jane Byrne noticed a 16-year-old girl sitting in a police cruiser. The mayor asked what the youngster was doing there. She had just been raped, was the answer. The mayor returned home and a few hours later announced that she and her husband Jay McMullen would move into a two-bedroom apartment at Cabrini-Green. Said Byrne: "I asked myself what the difference was between this and other neighborhoods. In most, they get the troublemakers out. That is what...

Author: /time Magazine | Title: Chicago's Cabrini-Green: 2 Brs, Inexp, W Vu of Roaches | 4/6/1981 | See Source »

...Navy also will get an extra cruiser (cost: at least $840 million), two more antisubmarine and antiaircraft frigates (cost: at least $490 million), one more nuclear-powered submarine (cost: about $1 billion) and a long-awaited start on a new nuclear-powered Nimitz-class carrier. That ship, which may cost $4 billion or more, is not expected to go to sea before...

Author: /time Magazine | Title: A Bonanza for Defense | 3/16/1981 | See Source »

...partnership paid off. Since late 1979 nearly 100,000 copies of nine different versions of VisiCalc have been ordered at prices ranging from $100 to $300. It is far ahead of other business programs like Data Factory and General Ledger, and even outsells the programs for Star Cruiser, Dogfight and other arcadelike computer games...

Author: /time Magazine | Title: The Smash Hit of Software | 3/2/1981 | See Source »

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