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...SHORT RANGE, the Faculty has "crawled out of a financial hole," as Kaufmann puts it. But inflation, as always, darkens the horizon, and the future looks worse, not better. "We assumed that if we worked hard to save money for four or five years we could begin to recover with the help of the national economy," Kaufmann says. "But here we sit looking at a 13 per cent inflation rate." He compares his position to a doctor who keeps running tests on a sick patient to discover what's wrong, and each new test fails to work, until he begins...

Author: By Scott A. Rosenberg, | Title: Booking In Advance | 10/1/1979 | See Source »

...every such car produced in 1982. But the company does plan to reduce the number of basic car lines from five to three. Moreover, by 1985 all Chrysler cars will have front-wheel drive, a space-saving feature that only its fast-selling, American-built Omni and Horizon subcompacts have now. The company's basic goal is to expand its 10.2% share of the U.S. auto market to 12.4% by 1985, mainly by concentrating on small-car sales...

Author: /time Magazine | Title: Business: Driving for a Rescue Deal | 9/24/1979 | See Source »

...months will be critically important to the U.S. From Jimmy Carter right on down, there is the feeling that by the end of 1979 events will force many decisions out of the current confusion, forms will begin to loom in the gray mists that now cloud the horizon...

Author: /time Magazine | Title: THE PRESIDENCY: Forms Looming in the Mists | 9/17/1979 | See Source »

...hard to turn on a television set or radio without hearing Joe Garagiola, the baseball catcher turned pitchman, importuning customers to come in and collect $400 price rebates on all Chrysler models except for the most popular small cars like the Omni and Horizon. The company's advertising agency, Kenyon & Eckhardt, and some 25 other suppliers and service agents are giving additional rebates of $100 to $500 to any of their employees who buy Chryslers. In addition, Chrysler since May has been granting its dealers special discounts that now range from $325 to $1,500 per auto. These cuts...

Author: /time Magazine | Title: Business: $1 a Year? | 9/10/1979 | See Source »

Carson Beach and Columbia Point sit on the edge, and no matter where you go you can see the Federal Reserve Bank on the horizon, so it's hard to convince anyone that Boston Harbor is a romantic place...

Author: By William E. Mckibben, | Title: Piracy, Prisoners and Lepers of Old | 8/10/1979 | See Source »

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