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Dates: during 1970-1979
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Usage:

Again, Byrne's pugnacious style seemed to make the problem worse. She got into a public fight with Illinois Governor James Thompson over whether the state or the city had the ultimate responsibility of financing the schools. Says Jerome Van Gorkom, who was appointed by Byrne to head an oversight committee for the schools: "The situation is not serious; it is desperate...

Author: /time Magazine | Title: Nation: Talking Too Tough at the Top | 12/31/1979 | See Source »

...rate for months, will be going up at a pace of 9% or a bit more next December. The economists admit, however, that they and almost all the other experts have grossly underestimated inflation's staying power in the past several years. Cracks Otto Eckstein, head of Data Resources, Inc.: "I have been predicting the inflation rate for maybe 20 years, and I must have got it right about three times...

Author: /time Magazine | Title: Business: Now a Middling-Size Downturn | 12/31/1979 | See Source »

Without their perfumes, many of the top French fashion names would simply disappear. Robert Ricci, head of the Nina Ricci firm, openly concedes that his firm could not exist without its worldwide perfume sales. Says he: "It is very difficult to make money out of clothes, and impossible out of haute couture. "High sales volume cannot be achieved with clothes, since no one style can ever have really broad appeal. Perfumes, by contrast, are bought everywhere, in all seasons and by all kinds of people, from secretaries to socialites. L'Air du Temps and other fragrances account...

Author: /time Magazine | Title: Business: Fragrance War: France vs. U.S. | 12/24/1979 | See Source »

...owned perfume firms exceeded $1 billion last year, compared with $737 million for the French. Girding themselves against further U.S. competition, many older French perfume houses have sought mergers with larger European corporations, and a long moribund national perfume-promoting organization called Prestige has been revived. Says Bernard Lanvin, head of the family-owned firm that bears his name: "Until recently we were content to compete among ourselves. Now we're closing ranks...

Author: /time Magazine | Title: Business: Fragrance War: France vs. U.S. | 12/24/1979 | See Source »

...rocket, it will fly off toward the comet, gradually accelerated by its cluster of six or eight small ion engines, during the four-month journey. On command from earth, it will drop a small instrument-packed probe provided by the European Space Agency directly into the comet's head, which scientists believe is made up of icy debris and a smattering of organic molecules. Because comets have probably changed little since they were formed, data from the probe may reveal much about the early days of the solar system. Three years later, while swinging around the sun, the mother...

Author: /time Magazine | Title: Science: Tailing a Comet | 12/24/1979 | See Source »

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