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Gorman may exaggerate the threat he posed to Swaggart, whose operations were grossing $140 million a year before his fall. But he was beyond question a fast-rising figure. More important, Gorman was lining up wider distribution via two Louisiana TV stations and a satellite uplink -- a purchase that was...

Author: /time Magazine | Title: Feuds: God and Money Part 9 | 7/22/1991 | See Source »

The new alliance scorns another powerful company, Intel, which has supplied the microprocessors for IBM's machines and has commanded an almost monopoly position as a maker of IBM-compatible chips. Possibly to foster more competition, the new partnership says it will buy advanced processors from Illinois-based Motorola, whose...

Author: /time Magazine | Title: Alliances Love at First Byte | 7/15/1991 | See Source »

In the dismal U.S. retailing industry, home-improvement centers that sell everything from kitchen cabinets to grass seed have been a notable bright spot. Spurred by the spreading do-it-yourself itch, sales at the sprawling emporiums grew more than 10% a year in the 1980s, while retailing in general...

Author: /time Magazine | Title: Retailing Shelter from the Recession | 6/10/1991 | See Source »

Another developer has picked Orlando for a project on an even higher plane: a 480-acre theme park called Vedaland, scheduled to open in 1993. The Maharishi Mahesh Yogi, the saffron-robed Indian guru who brought transcendental meditation to the world (and to the Beatles), has teamed up with magician...

Author: /time Magazine | Title: Orlando, Florida: Fantasy's Reality | 5/27/1991 | See Source »

-- In Montville, N.J., homebuilder Hovnanian Enterprises had barely set up a sales trailer on the site of a planned housing project last month when buyers started lining up. Says spokesman J. Larry Sorsby: "We had no sample homes or models, and we sold the whole thing -- 78 homes -- the first...

Author: /time Magazine | Title: The Buyers Are Back | 3/18/1991 | See Source »

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