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With many consumers abandoning brand-name products for lower-cost private labels, Procter & Gamble, the maker of Tide, Crest and Pampers, announced that over the next four years it would close 30 plants, eliminate 13,000 jobs, and cut some prices as much...

Author: /time Magazine | Title: News Digest July 11-17 | 7/26/1993 | See Source »

...largest manufacturer of automated teller machines for banks. The company is the third biggest issuer of credit cards, behind only American Express and Citibank. It has also expanded into the field of multimedia (machines that can combine text, graphics, sound and video) by buying pieces of EO, interactive computer maker 3DO Co. and software start-up General Magic. Earlier this month, the phone giant entered the video-game business through a joint venture with Sega Enterprises that will enable players to take on opponents over AT&T's phone lines, and it formed an alliance with Viacom, a cable...

Author: /time Magazine | Title: How At&T Plans to Reach Out and Touch Everyone | 7/5/1993 | See Source »

...workers. It was Allen, though, who changed the company's lockstep culture. Going against tradition, he recruited top executives from outside, including Alex Mandl, former president of the Sea-Land ocean-shipping concern, as chief financial officer; Jerre Stead, former chief executive of electrical-equipment maker Square D, as head of the computer division; and Richard Bodman, of the Comsat satellite-communications consortium, as top strategist. Allen also brought in managers from small Silicon Valley firms to help teach AT&T's stodgy staff the newest tricks of the trade...

Author: /time Magazine | Title: How At&T Plans to Reach Out and Touch Everyone | 7/5/1993 | See Source »

Nothing in Marianne Gasior's quiet life prepared her for the ordeal she has undergone in the past three years. The petite former attorney for Kennametal Inc., a Pennsylvania machine-tool maker, says she has been harassed, followed and even run off the road since she accused the company of illegally shipping metal-working equipment with military uses to Iraq. But Gasior has persisted in her whistle-blowing ways. She has now amassed evidence that, she says, threatens to expose the misdeeds of American companies as well as a vast Bush Administration cover-up of how scores of firms, some...

Author: /time Magazine | Title: A Matter of Honor | 6/21/1993 | See Source »

Because it doesn't -- because the violin maker chooses wood over flesh -- Un Coeur en Hiver seems to take place inside Stephane; it is a story of a woman's passion, told with a man's disconcerting reticence. In an overheated Hollywood summer, this movie is a sorbet that goes straight to the heart. And once there, it has a chilling effect. It says that genteel talk can be the most hurtful obscenity...

Author: /time Magazine | Title: Love Between The Lines | 6/21/1993 | See Source »

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