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...homes designed for the city's permanent residents are so cozily American as to suggest habitats for Ozzie and Harriet Nelson, or maybe the Cleaver family of TV sitcom fame. Typical of the more lavish structures are three-bedroom ranchettes done in a kind of Arabic Southern California motif, with central air conditioning, parquet floors, and General Electric ranges and Kitchenaid pot-scrubber dishwashers in the kitchen. Prices can range as high as $300,000 each for the dwellings, though much more modest accommodations, including town houses and four-story apartment buildings, are also going...

Author: /time Magazine | Title: The Jubail Superproject | 7/12/1982 | See Source »

...caution. At Tandem Computers Inc., a rapidly growing high-tech firm south of San Francisco, the work week ritualistically climaxes in Friday-afternoon company-sponsored beer busts in the company cafeteria. By contrast, Dallas-based Mary Kay Cosmetics seeks more of a frills-and-lace image. Each year, at lavish seminars, the top producers among the firm's virtually all-female sales force are awarded pink Cadillacs, diamonds and mink coats...

Author: /time Magazine | Title: Cultured Corporate Winners | 7/5/1982 | See Source »

...advisers a month ago that the feeble French franc's pegged level within the European Monetary System could no longer be defended on world currency markets. Yet his pride kept him from admitting this painful reality until after the seven-nation Versailles summit conference. With its lavish displays of fireworks, fountains and nonstop pageantry, that diplomatic spectacular may in many ways have represented Socialist France's last carefree fling. Within a week after it ended, Finance Minister Jacques Delors traveled to Brussels to present his European partners with a package of self-imposed austerity measures. They included...

Author: /time Magazine | Title: Let Them Eat Francs | 6/28/1982 | See Source »

...indications were, however, that the leaders paid as much attention to the food (salad of seafood with asparagus; truffled grenadines of veal) as to diplomacy. Said Reagan: "We did not get into heavy discussions." That night Reagan played host to Mitterrand at a lavish dinner (sea bass flambe, saddle of lamb) at the American embassy. Toasting his guest, Reagan remarked that 60,000 Americans lie buried in France, where they fought in the two world wars. Mitterrand recalled that French soldiers fought beside Americans in the U.S. Revolutionary...

Author: /time Magazine | Title: Summitry with Style | 6/14/1982 | See Source »

...Stallone's lavish, sprawling house behind a high brick wall and green canvas gates in Pacific Palisades, slightly to the left of Beverly Hills, film memorabilia vie for space with fine art in rooms accented with rich woods and polished brass. A mammoth Leroy Neiman portrait of Rocky hangs near a Rodin sculpture, a boxer's headguard inscribed "To Sly from Muhammad Ali" rests near Andy Warhol oils. Another treasured possession is a worn photo album that the star uses to document his "roaches to riches" story. Stallone, dressed in running shoes and warmup suit, puffing...

Author: /time Magazine | Title: Cinema: Winner and Still Champion | 6/14/1982 | See Source »

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