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...panoply of social services (day care and job training being the most prominent) designed to produce a work force capable of staffing the enterprises likely to be attracted by the tax breaks. After the Harlem-South Bronx EZ is formally approved later this year, the Federal Government will pour $100 million into the area, an amount New York City and State will match. Added to the total $300 million will be about $70 million in low-interest loans from Fleet Bank. "Only some corporations see the opportunities available," says Fleet's James Murphy. "Others will wake up before long...

Author: /time Magazine | Title: The Political Interest: Hope Grows in Harlem | 10/10/1994 | See Source »

Stocks fell while bonds rose in U.S. markets on Friday as investors awaited the outcome of trade talks with Japan. More indications of a strengthening economy continued to pour in. The Commerce Department reported that Americans' personal income rose 0.4 percent, the seventh straight increase, while spending climbed 0.9 percent. That spending increase was the biggest since a 1.3 percent jump last February. The index of Chicago-area purchasing managers -- generally regarded as an early indicator of changes in business conditions -- notched up from 61.6 in August to 63.6 in September. (Any reading over 50 shows the economy is expanding...

Author: /time Magazine | Title: MARKETWATCH | 9/30/1994 | See Source »

...painstaking composer probably best known for his delightful 1973 opera Transformations, was delivering orchestrations right up to the dress rehearsal, but the seams don't show. From first note to last, Liaisons is a finely polished work that achieves a French transparency, sparingly invoking Debussy (not Pelleas but Images pour Orchestre). Unabashedly tonal, although hardly reactionary, the score glows with a luminescence too long absent from modern opera, and especially opera in English; for an equal, one must go back to Britten's Death in Venice (1973), which Liaisons resembles musically in many small ways...

Author: /time Magazine | Title: MUSIC: The Mating Game | 9/26/1994 | See Source »

Harvard says the money is only a loan, to be paid back out of revenue as previous alumni pledges pour in over the next few years...

Author: By Tom HORAN Jr., | Title: Harvard Lends Money to Radio Station | 9/23/1994 | See Source »

...Shelter (Houghton Mifflin; 279 pages; $21.95), Phillips continues to ladle on the prose: "In the splintering pour of the storm there is such a silence, like a church or a cell, a cloister, empty, and rain courses down the broken glass of the block-paned windows. Some of the jagged glass juts up like tongues, other panes are shattered intact, jeweled in their frames in webbed configurations." You know -- it was raining...

Author: /time Magazine | Title: BOOKS: Southern Gothic, '90s Style | 9/19/1994 | See Source »

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