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...addition, Mobil has strengthened its position as an oil and gas producer with major interests in the North Sea and Alaska, and has had incredible luck in the Gulf of Mexico. Last year it sank 28 wildcat wells there and struck oil in 14, a feat about equal to a baseball player hitting .425. Mobil has the most important nonenergy businesses of all the Seven; in 1976 it completed a 100% takeover of Marcor, parent of Container Corp. of America and Montgomery Ward. Last year these subsidiaries earned $175 million, or 17.5% of Mobil's profits...

Author: /time Magazine | Title: Business: The Seven Sisters Still Rule | 9/11/1978 | See Source »

...because gravity is so weak at long range, detecting its waves, says Harvard's Smarr, is "like measuring fluctuations in the dis tance between the earth and sun equal to the diameter of a human hair." So far no one has been able to accomplish that feat. But investigators in the U.S. and abroad are hoping to succeed with a new generation of extremely sensitive gravity detectors that rely on lasers, devices using superchilled metals and other advanced gadgetry...

Author: /time Magazine | Title: Science: Those Baffling Black Holes | 9/4/1978 | See Source »

...small band of theorists who can follow Hawking's intricate equations say that they are complex, elegant and inspired. This is all the more remarkable because he is unable to write them down. He must remember them as they flash into his mind, a feat that his colleague Werner Israel says is equivalent to Mozart's having composed an entire symphony in his head...

Author: /time Magazine | Title: Science: Soaring Across Space and Time | 9/4/1978 | See Source »

...wheatfield in the village of Miserey, 50 miles west of Paris. By then, hundreds of cars had roared onto the scene, and villagers were sprinting to welcome the trio of adventurers. As they arrived, the Americans popped the cork from a bottle of champagne and began toasting their feat and each other. Ben Abruzzo, 48, Max Anderson, 44, and Larry Newman, 31, all from Albuquerque, had just completed a historic first crossing of the Atlantic by balloon, making the 3,100-mile trip from Presque Isle, Me., to Miserey in 5 days, 17hr...

Author: /time Magazine | Title: Nation: The Whole World To See | 8/28/1978 | See Source »

...Steptoe and Edwards, the Browns' baby, apparently normal and so near birth, was a long-sought goal: in scores of previous transfers of externally fertilized eggs, a successful, full-term pregnancy had never been achieved. To many other doctors, including rival researchers, the feat was a stunning achievement...

Author: /time Magazine | Title: The First Test-Tube Baby | 7/31/1978 | See Source »

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