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...Font's surprise foray shows that few companies or industries are immune to merger fever. As a result, the ranking of top U.S. firms has become almost as volatile as Billboard magazine's Hot 100 pop record chart. The strategies behind the mergers are as varied as the deals themselves. American Express, for example, grabbed the Shearson Loeb Rhoades brokerage house on its way to becoming a one-stop financial service center. To enhance its power on grocery shelves, Nabisco merged with Standard Brands...

Author: /time Magazine | Title: History's Biggest Merger: Du Pont-Conoco | 7/20/1981 | See Source »

What was behind it was soon readily apparent. What lay ahead did not fit into the President's carefully crafted week's agenda at all. Reagan had been preparing for his most important foray into the diplomatic arena since taking office: a two-day meeting with Mexico's President José López Portillo in a vital effort to improve relations between the two neighbors. Secretary of State Alexander Haig was due to depart for China on his most significant venture abroad so far. And the Middle East shuttle diplomacy...

Author: /time Magazine | Title: Reagan as Diplomat | 6/22/1981 | See Source »

...prey in ambush interviews are practicing "bonzo journalism," said Shales. "Naturally one is reminded of the old story about the dog chasing cars -what do they do if they catch one? Wrestle him to the ground? Drag him off to the hoosegow?" Shales ridiculed Dan Rather's histrionic foray into Afghanistan last year for 60 Minutes, dubbing him "Gunga Dan," and noting that Rather's peasant garb "made him look like an extra out of Dr. Zhivago." Some viewers still cannot tune in ABC's Good Morning America Host David Hartman without thinking of Shales...

Author: /time Magazine | Title: Press: Terrible Tom, the TV Tiger | 6/8/1981 | See Source »

Citibank's foray into the future goes beyond automatic tellers. This month a hundred Citibank customers in the New York City borough of Queens will give up their checkbooks in favor of small computer terminals installed by the bank in their homes. These desktop devices will enable customers to electronically pay their bills or rent, stop payment on a previously paid bill, take out a loan, open a new savings account or check on the balance of an existing...

Author: /time Magazine | Title: The Savings Revolution | 6/8/1981 | See Source »

...fledgling genetic-engineering company involving a senior professor in a key role. After seeing through dollar signs to the practical and academic questions concerning the prospect of going into business with a faculty member, President Bok announced that Harvard would pass up the risky, if potentially lucrative, foray. Although his decision seemed to satisfy the majority of the University community and especially the Faculty of Arts and Sciences, the flurry of activity leading up to Bok's thumbs-down stirred up a whirlwind of misunderstanding, resentment and other negative feelings. Six months later, the dust has yet to settle...

Author: By Nancy F. Bauer, | Title: 'The Ptashne Fiasco': | 6/4/1981 | See Source »

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