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...three-year contract instead of the two-year agreement it had proposed. The U.A.W. had aimed for the shorter term because its Ford and G.M. contracts will expire in 1987, and the union wanted to bargain with all three automakers at once, a strategy that tends to give labor a stronger hand...

Author: /time Magazine | Title: An Early Christmas at Chrysler | 4/18/2005 | See Source »

...good news that no one could dismiss as a lucky fluke. The Department of Labor last week announced that consumer prices rose a mere .2% in September, the same rate as for the past four months. Largely because of declining food and energy prices, inflation is now running at an annual pace of just 2.3%, its lowest level since...

Author: /time Magazine | Title: Business Notes: Nov. 4, 1985 | 4/18/2005 | See Source »

...refinement of the idea, some characters have destroyed themselves precisely by incarnating themselves. Toward the end of his life, Charles Dickens, pressed for money, set off on grueling reading tours in which he became "Dickens," a lecture-hall version of himself. The labor exhausted him and hastened his death. Ernest Hemingway was a splendid man--generous, intelligent, full of curiosity and energy and talent--until sometime in middle age, when he became "Ernest Hemingway," a besotted parody of himself...

Author: /time Magazine | Title: Invasion of the Body Snatchers | 4/18/2005 | See Source »

Virtually every day, Soviet newspapers fulminate about rampant U.S. censorship, persecution of dissidents, forced labor, religious discrimination and telephone tapping. Film of homeless Americans sleeping on subway grates and bag ladies foraging through trash cans has become so standard on Soviet TV that at least a few viewers must be convinced that all of New York City consists of such unfortunates. Recalling the concentration camps of the Nazi era, a professor serving as a commentator for one show tells his audience, "The U.S. is going through a prison boom; camps for dissidents are hastily being built there...

Author: /time Magazine | Title: Countering America's Crusade | 4/18/2005 | See Source »

...Peres, signed "with great respect," that while mentioning all six of the offending charges, stopped short of making a formal apology. It was apparently enough to persuade Peres to back off. At 11:59 p.m. Thursday, word went out that the shaky union between Peres' left-of-center Labor Party and the rightist Likud bloc, to which Sharon belongs, had survived...

Author: /time Magazine | Title: Israel: Unseemly Spat Peres takes on Sharon | 4/18/2005 | See Source »

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