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...after the election, the edgy Communist leaders moved cautiously last week. They practically ignored new developments in their natural campaign issue: the economy. While other West Europeans were beginning to enjoy the passing, at long last, of a stubborn recession (see ECONOMY & BUSINESS), Italians had new gloomy statistics to ponder. The lira dropped to an alltime low of 920 to the dollar, despite heavy intervention by the Bank of Italy, which spent a reported $1 billion to shore it up in March and April alone. Mean while, the balance of trade deficit, it was also announced, increased by $1.5 billion...

Author: /time Magazine | Title: ITALY: Starting Out on a Journey of No Return | 5/17/1976 | See Source »

...smoke from that acrid parting clears, ABC executives may ponder whether the diva of the dawn's early light is worth $1 million a year to them at night. Most industry analysts seem to think she is. For one thing, ABC executives hope that her departure from NBC'S Today show will deepen that program's recent ratings slide, to the pleasure and profit of ABC's competing Good Morning, America. NBC may well move fast to replace Walters. Some candidates: Candice Bergen, Betty Furness. Bess Myerson and Shana Alexander...

Author: /time Magazine | Title: The Press: Will the Morning Star Shine at Night? | 5/3/1976 | See Source »

...orders are 5,000 to 10,000 a whack, compared with as high as 100,000 in better button days. Another manufacturer, William Crookston of Los Angeles, is pinning his own hopes on producing buttons for fast food chains to distribute to youthful customers. Future generations may well ponder what turned the nation from preserving expressions like TIPPECANOE AND TYLER TOO to BUY ME-I'M A CARROT CAKE...

Author: /time Magazine | Title: The Nation: The Button Bottoms Out | 4/26/1976 | See Source »

...enough speed to weaken what the Democrats had expected to be one of their strongest issues (see following story). Other candidates, lacking the power of the White House, must get their advice wherever they can find it-generally from economists at universities and research organizations who have time to ponder major public issues...

Author: /time Magazine | Title: ECONOMISTS: All the Would-Be-Presidents' Men | 4/26/1976 | See Source »

Playgoers are almost forced to ponder the nature of humor by Comedians. It is a hilarious-abrasive, funny-unfunny analysis-cwra-demonstration of why we laugh at all. Six Manchester men with dead-end jobs aspire to be entertainers in workingmen's clubs, with a possible whack at the London big time. Each act is one leg of a tripod-final warmup, audition, postmortem...

Author: /time Magazine | Title: The Theater: Curtains Up in London | 4/19/1976 | See Source »

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