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...laws nor increased police action is likely to thwart computer thieves. Most authorities agree that computer owners must install more elaborate security measures. Says one: "Cracking a computer system's defenses is about as difficult as doing a hard Sunday crossword puzzle." One computer, protected by a five-digit code number, was illegally entered in minutes when the thief ordered the computer to begin trying every one of the 100,000 possible combinations. But tighter security would cost both money and time. Says Robert Courtney of I.B.M. "If you're running thousands of transactions...

Author: /time Magazine | Title: The Law: Computer Capers | 8/8/1977 | See Source »

...wages of their black workers, hire and fire on merit, and institute training programs for middle-level and management positions; 3) cut the hypocrisy and try to merge our diplomatic and economic policies in South Africa. We can no longer "abhor" apartheid and wink at our companies' double-digit returns on investments there, which are the result of the ridiculously low wages paid the African worker...

Author: /time Magazine | Title: Letters, Jul. 25, 1977 | 7/25/1977 | See Source »

...multiple-digit statistics simply confirm what the smell of fat frying across the land has long made clear. Americans in massive numbers daily ignore the hand-wringing of nutritionists, the sneers of gourmets and the prickings of their own consciences. For them, fast food takes the worry out of being hungry. A first visit to an outlet of an unfamiliar chain may cause some anxiety and confusion; dazzling permutations on the basic hamburger, bearing odd, hyped-up names, take some time to master, much less understand. But a snack that hits the spot on one day is likely...

Author: /time Magazine | Title: Here Comes Summer: Want Food Fast? Here's Fast Food | 7/4/1977 | See Source »

...fiscal pump priming by tightening up sharply on credit. In recent weeks the Federal Reserve has indeed begun raising short-term interest rates-to try to rein in what it considers an overly rapid growth in the money supply now that inflation is bumping back up to double-digit levels. The Federal Reserve's move toward tighter credit, while welcomed by businessmen who share Burns' concern about inflation, helped to dash hopes of a spring rally in the stock market. Having worried down steadily from its close of 1004.65 last Dec. 31, the Dow Jones industrial average dropped...

Author: /time Magazine | Title: POLICY: Arthur Burns: Born Again at 73 | 6/6/1977 | See Source »

...services that began at the start of the year continued in April, when the consumer price index kicked up nearly 1%, to a compound annual rate of 10%. It was the third month this year in which the zigzagging inflation rate has hovered at or close to the double-digit level. The main cause, as in January and February, was increases in the cost of food (the largest single rise: ground coffee, up 13%). Because food supplies generally are expanding, experts believe that the current bulge in food prices has passed and that increases during the rest of the year...

Author: /time Magazine | Title: Business: PRICE SURGE | 5/30/1977 | See Source »

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