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...Service rules governing the tax-exempt status of organizations. In 1953 Howard Hughes created the Medical Institute and gave it Hughes Aircraft as its only asset. This made the company accountable only to the institute's trustees, of which Hughes was the only one. That made Hughes Aircraft far freer than publicly owned companies to limit dividends and invest its profits as it saw fit in research and development...

Author: /time Magazine | Title: Hughes for Sale: GM Or Ford may be the buyer | 5/27/1985 | See Source »

...market. The talks have been in anticipation of the gradual conversion of giant Nippon Telegraph & Telephone from a government monopoly to a private company, a change that begins this week. So far, though, Washington's representatives have been frustrated by what they consider to be Japanese reluctance to grant freer trade, and have made no more than modest progress. Said one top negotiator: "Substantial differences remain...

Author: /time Magazine | Title: Pressure From Abroad | 4/8/1985 | See Source »

Goldwater, 75, has always been unusually candid, often to the discomfort of conservative comrades. Now that he has announced he will not run for reelection in 1986, the curmudgeon is even freer to speak his mind. Last spring he sent a scolding letter to CIA Director William Casey for not telling the Intelligence Committee about the U.S.-directed mining of Nicaraguan harbors. "This is an act violating international law," Goldwater wrote. "I don't like it one bit from the President or from you." As Armed Services chairman, he will have power to do much more than raise...

Author: /time Magazine | Title: Speaking His Mind | 12/17/1984 | See Source »

Though he lost some ground, the King won some democratic laurels. During the 1977 campaign, newspapers were seized by the government and there were fierce protests of improper interference. This time Hassan gave the press a freer hand, declared that the government must remain neutral and reduced sentences for about 600 prisoners, some of them political. For the first time in more than two decades, he allowed the Socialists to help administer the elections. He also permitted them and the tiny Communist Party to buy commercial time on the air waves. Even the Communist newspaper Al Bayane conceded that...

Author: /time Magazine | Title: Morocco: Firmly in the Saddle | 9/24/1984 | See Source »

...dried, they look like local-news anchormen. Television is, in fact, their medium. Its cameras are permitted in the House (unlike the stodgier Senate), and the young Turks unabashedly perform for the C-SPAN telecasts of floor debates. A Democratic majority still runs the House, so the Republicans are freer to posture...

Author: /time Magazine | Title: Struggling for a Party's Soul | 9/3/1984 | See Source »

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