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...this movie season of $30 million demolition derbies and feature-length promos for sound-track albums, The Great Santini had a hard time making itself heard. The film bivouacked in one town after another, opening to sympathetic reviews and closing to public indifference. Its distributor, Orion Pictures, sold the film to airlines and cable networks as a mild soporific for weary travelers and viewers. Doubtless, it was seen as nothing more than an up-scale TV movie, with its careful pacing, liberal humanism and "small" subject: the family. Now Santini has found an almost posthumous success in a Manhattan bijou...

Author: /time Magazine | Title: Cinema: Pugno Vinco | 9/1/1980 | See Source »

Manufacturers took an average of 45 days to pay their bills during the first quarter of 1980, a sharp increase from 40.5 days in 1976. Among the worst offenders: department-store chains and auto manufacturers. One Los Angeles giftware importer and distributor explains frankly: "We've intentionally slowed our bill payments by about 15 days because our collections are not as good as normal and the cost of money is high...

Author: /time Magazine | Title: Business: Owning-Up Time | 8/25/1980 | See Source »

...many workers, especially those with small companies in industries that are not strongly unionized, the loss of a job means hardship. Laid off in April from his job as a stockroom clerk for a car-parts distributor, Harold Pollard, 42, of Atlanta, became embroiled in a dispute with his employer over the terms of his dismissal. As a result, for the past four months he has not received any unemployment compensation, though he now expects his first check this week. Meanwhile, he and his wife have subsisted on her $100 per week income as a cleaning lady. They have fallen...

Author: /time Magazine | Title: Business: The Idle Army of Unemployed | 8/11/1980 | See Source »

...producer and distributor of some 9.5 million bbl. of crude per day, Aramco is by far the world's largest oil-producing corporation. It is not required to publish financial records because its stock is not publicly traded. But by expert estimates, during the past two years Aramco has paid between $800 million and $900 million annually to its four shareholders, as well as providing them with lucrative tax benefits...

Author: /time Magazine | Title: Business: Aramco's Stormy Petrol | 12/24/1979 | See Source »

...goods at each stage of the production and sales process. Every time a manufacturer or entrepreneur raises the price of a product, the government will tax this added value at a rate of 10 percent. Without the VAT, Ernest and Julio Gallo sell their Pinot Chardonnay to a wine distributor for $18 a case. But this tax will force the Gallo Bros. to raise the price of their wine to $20, to cover the $2 they will have to pay the government. The wine distributor then sells the Pinot Chardonnay to liquor store owners for $30 to absorb...

Author: By David H. Feinberg, | Title: Not VAT Again | 12/6/1979 | See Source »

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