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...should also be noted that, while U.S. firms employ less than 1 percent of the black work force in South Africa and account for only 17 percent of foreign investment there, they dominate several strategic sectors: energy, computers, motor vehicles, and mining. In a critical way, then, some of the U.S. firms in which Harvard is invested contribute directly to the support and perpetuation of apartheid...

Author: NO WRITER ATTRIBUTED | Title: ACSR Statement | 5/11/1984 | See Source »

...trial opened, De Lorean's financial practices were being subjected to even closer scrutiny in Detroit, where he once worked as general manager of General Motors' Chevrolet division. A federal bankruptcy judge ruled against his claim to $975,000 in assets from his insolvent De Lorean Motor Co. A federal grand jury there is reportedly investigating allegations of criminal fraud. The charges against De Lorean stem from the creditors' claims of more than $120 million against the car company. A major charge: that the ex-automaker siphoned off $8.5 million of company money through a Swiss bank...

Author: /time Magazine | Title: De Lorean vs. Almost Everybody | 4/30/1984 | See Source »

...abandon the business, GE gave an antiquated factory in Erie, Pa., what General Manager Carl Schlemmer calls an "electronic heart transplant." Cost: $500 million. Giant computer-driven arms and machine tools help the factory turn out locomotives in a fraction of the time once required. A 2,500-lb. motor frame that took 16 days to build can now be done in 16 hours. By 1986 GE could be making about 800 locomotives a year, up a third from current levels...

Author: /time Magazine | Title: Manufacturing Is in Flower | 3/26/1984 | See Source »

...fleetest soul around. "No doubt about it," says Composer-Arranger Quincy Jones, who produced Off the Wall and Thriller with Jackson. "He's taken us right up there where we belong. Black music had to play second fiddle for a long time, but its spirit is the whole motor of pop. Michael has connected with every soul in the world...

Author: /time Magazine | Title: Why He's a Thriller | 3/19/1984 | See Source »

...nearby Sherman Oaks, can sometimes notice, as she catches a phantom glimpse of Jackson, that "he looks so sad." She thinks the reason may be that "everybody is always shoving things in his face." Occasionally Jackson comes out to the yard. Sometimes he will ride a red-and-white motor scooter. Sometimes he will take his electric car for a spin. It is a close copy of a vehicle from Mr. Toad's Wild Ride at Disneyland. Outside the iron gates, the fans on the street can see him whizzing along the driveway, playing by himself, and at those times...

Author: /time Magazine | Title: Why He's a Thriller | 3/19/1984 | See Source »

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