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American Motors has not shared in the recent boom times of the auto industry. While Ford, General Motors and Chrysler in the first quarter amassed large profits, AMC lost $29 million. The last thing AMC needs is what could be the world's most expensive carmaking plant, but that is just what it shoulders in Kenosha, Wis., where it makes Alliance and Encore cars. Assemblers among the factory's 5,800 workers earn an average of $13.44 an hour, vs. $13.07 in a comparable GM facility. Last week AMC's management, which wants concessions from the United Auto Workers...

Author: /time Magazine | Title: Autos: Expensive, Old and Inefficient | 6/3/1985 | See Source »

...economy will avoid a recession and rebound rapidly. Said Board Member Walter Heller, a University of Minnesota professor who was chairman of the Council of Economic Advisers during the Kennedy Administration: "The Fed is riding to the rescue." Agreed Alan Greenspan, who served as chief economic adviser to President Ford: "The odds definitely favor a quickening of the economy...

Author: /time Magazine | Title: Waking Up From a Slump | 6/3/1985 | See Source »

...book publishers and authors won the final encounter last week when the U.S. Supreme Court held 6 to 3 that the Nation magazine had committed publishing "piracy" by quoting too liberally from a "purloined" copy of Gerald Ford's memoirs, A Time to Heal. But the majority opinion, written by Justice Sandra Day O'Connor, was so narrowly drawn that even many of those who had sided with the Nation were not seriously upset. "There is always a natural tension between the First Amendment and copyright law," said Bruce Sanford, general counsel for the Society of Professional Journalists, "and this...

Author: /time Magazine | Title: Law: When a Scoop Is Piracy | 6/3/1985 | See Source »

...case arose in 1979 when the Nation obtained a copy of Ford's manuscript from an undisclosed source and quickly put together a summary of 2,250 words, 300 of which were direct quotations. The chosen quotes featured the ex- President's defense of his pardon of Richard Nixon, and Nation Editor Victor Navasky argued that Ford's own words on the pardon and other subjects were "hot news." The book's publishers, Harper & Row and Reader's Digest, sued, charging that Navasky had violated the copyright laws and stolen former President Ford's right to determine the time...

Author: /time Magazine | Title: Law: When a Scoop Is Piracy | 6/3/1985 | See Source »

...legitimate aim is served by pre-empting the right of first publication." The majority made clear that "no author may copyright facts or ideas." Protection is limited to "those aspects of the work . . . that display the < stamp of the author's originality." The Nation's view that using Ford's words was "essential to reporting the news story," said O'Connor, would "destroy any expectation of copyright protection in the work of a public figure...

Author: /time Magazine | Title: Law: When a Scoop Is Piracy | 6/3/1985 | See Source »

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