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...White House aide said that when Reagan called the Syrian President last week, the release of the seven abducted Americans was the top item on his agenda. Though Assad did not give Reagan much cause for hope, relatives of the seven were buoyed somewhat last week when Lebanese television, supplying Arabic subtitles, allowed them to plead on the air for the release of their loved ones...

Author: /time Magazine | Title: The Seven Left Behind | 7/15/1985 | See Source »

Only MacRose Prizzi (portrayed marvelously by Anjelica Huston, the director's daughter) has real spunk. As the bastard of the family, her father for her loose sexuality exiled MacRose. She and Charlie had been an item for years before an argument sent her to Mexico. When she returns to the family, it is to get Charlie back--her self-proclaimed raison d'etre...

Author: By John Rosenthal, | Title: Honor Without Credit | 7/4/1985 | See Source »

...systems are the stars of a home- electronics industry that is suffering through an otherwise trying year. Sales of home computers, the hot item two years ago, have fallen sharply. Conventional turntables have also been moving at a stagnant rate. Manufacturers of audio gear hope that the popularity of CD players will create a resurgence of demand for amplifiers and speakers. Says Tadahiko Nakaoki, a product planner for Japan's Pioneer brand: "Everybody in this business must be relieved deep down in their hearts...

Author: /time Magazine | Title: The Bright New Sound of Music | 7/1/1985 | See Source »

...their industry, such as the extension of the "at-risk" rule for shelters and new guidelines on what profits qualify for capital-gains treatment, are just the start of their troubles. Like other businesses, they will get less generous deductions for depreciation, and that is an especially important item for them, since their business consists so heavily of dealings in those highly depreciable properties, buildings. Adding up all the ways in which realty taxes will be increased, Chris D'Ambra, a San Francisco insurance broker who has been reducing her tax liability by investing in limited real estate partnerships, figures...

Author: /time Magazine | Title: A Hard Look At the Fine Print | 6/10/1985 | See Source »

...item would be a major provider of new revenue for the Federal Government, but it could also turn President Reagan's tax-reform plan into a tax increase for millions of upper-income Americans in high-tax states. The other would bring in only peanuts, relatively speaking, but it could radically change the life-styles of businessmen, professionals and their clients throughout the nation. Together, the proposals to eliminate the deductions of state and local taxes and to restrict severely those for business entertainment have emerged as two of the most controversial parts of the President's tax package. Both...

Author: /time Magazine | Title: Losing Big Under Treasury Ii | 6/10/1985 | See Source »

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