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Meanwhile, the profit squeeze is producing some changes at IBM. It is hoping to reduce its U.S. work force 5%, to 230,000, by the end of next year, mainly through attrition and early-retirement incentives. On a more trifling level, Big Blue has pared spending on such items as...

Author: /time Magazine | Title: IBM: It's Not Easy Being Blue | 10/20/1986 | See Source »

House Speaker Tip O'Neill proposed raising taxes to pay for a $1.6 billion bill -- a sure non-starter in an election year. His lieutenants wanted to raise the necessary funds by nicking every Government program for an infinitesimal amount. No way, said Senate colleagues; their favorite programs had already...

Author: /time Magazine | Title: Government By Gimmick | 10/13/1986 | See Source »

Many of the conditions that fostered the rise of the discount carriers no longer prevail. Right after deregulation, the major airlines were at a serious disadvantage: during the time they were protected by the Government from competition, they had become high-cost, unionized operations. In the previous 40 years, the...

Author: /time Magazine | Title: Flying Among the Merger Clouds | 9/29/1986 | See Source »

While the Super Bowl and exams last week grabbed much of the attention, a pared-down version of the Harvard wrestling team participated in the New England Collegiate tournament Sunday at MIT.

Author: NO WRITER ATTRIBUTED | Title: Matmen 4th At Tourney | 1/29/1986 | See Source »

"Camelot, costalot, cutalot" was how its first Broadway director described his own production. Neher and crew chose to avoid extravagance in favor of a minimalist approach: a single bare set--a platform with a "throne" on one end and a ladder on the other--instead of 16 different sets, a...

Author: By Abtgail M. Mcganney, | Title: The Gang's All Here | 12/13/1985 | See Source »

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