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...Carter Administration's wage-price guidelines were beset by a tide of woe last week. While the nation's long-haul trucking slowed drastically, representatives of the industry and the striking Teamsters remained unable to agree on a new contract that came near to meeting the Government's "voluntary" limit of 7% in annual wage and benefit increases. At the same time, a walkout by United Airlines machinists, who are also seeking a guideline-busting settlement, grounded all flights of the U.S.'s largest air carrier and forced the layoff of more than 13,000 pilots...

Author: /time Magazine | Title: Business: Ripping Apart the Guidelines | 4/16/1979 | See Source »

...three sales of new wide-bodied planes. Indeed, since last year, it has sold almost as many wide-bodies as Boeing and more than McDonnell Douglas and Lockheed. These two companies have run out of steam because neither has launched a new model for the short-to medium-haul market. Says the consortium's French president, Bernard Lathière: "Three years ago, there were three major companies in the [jumbo] market-Boeing, McDonnell Douglas and Lockheed. Today there are two-Boeing and Airbus...

Author: /time Magazine | Title: Business: Flying High with Airbus | 4/16/1979 | See Source »

...when Jackson just happened to meet the premier boxing afficionado in New England--Harvard alum Peter Fuller (of Cadillac fame)--at a meeting of the Visiting Committee on Athletics. A start-up grant from the Fuller Foundation and advertising sponsorships gave Jackson the operating expense money needed to haul in the Boston Garden's portable boxing ring for tonight's affair...

Author: By Jonathan J. Ledecky, | Title: Harvard's Boxing Renaissance Man | 4/13/1979 | See Source »

...Perini Corporation, the Massachusetts Bay Transit Authority's (MBTA) contractor for tunnel construction, plans to dig an 80 by 40-ft, hole, known as a "haul shaft," at the corner of Garfield St. and Mass. Ave. Cambridge residents have turned long-standing complaints about this shaft into affidavits for the suit as part of its new focus...

Author: By Robert O. Boorstin, | Title: City, Citizens File Suit to Halt Red Line Construction, Charge MBTA With Violation of Three Federal Statutes | 4/11/1979 | See Source »

...billions for aid to Egypt and Israel. Says a Senate Foreign Relations Committee aide: "There's a very basic feeling that this is a worthwhile investment for peace, but that can easily change. We are only at the beginning of what promises to be a long haul." He notes that "our mail has been running heavily against appropriating those aid funds...

Author: /time Magazine | Title: World: Roomful of New Realities | 4/9/1979 | See Source »

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