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When Skipper Dennis Conner brought home that yachtsman's grail, the America's Cup, from Australia in February, his backers in the San Diego-based Sail America syndicate seemed to have landed a cargo of gold. The cachet of a home- waters defense in 1991 figured to pump $1.2 billion into San Diego...

Author: /time Magazine | Title: Sport: Does K Stand for Killjoy? | 12/14/1987 | See Source »

Young established a second panel, which based its decision on two new studies showing that the heart's ability to pump blood increases after administration of t-PA. This indicates the drug can limit damage during a heart attack. However, says Harvard Cardiologist Eugene Braunwald, t-PA "has to be given within four to six hours after symptoms occur...

Author: /time Magazine | Title: Medicine: Go-Ahead for A Wonder Drug | 11/23/1987 | See Source »

This proposed budget magic drew widespread skepticism, including George Bush's "voodoo economics" charge during the 1980 presidential primaries. Yet by 1981 Congress was eager to find a way to pump up the sagging economy. When Reagan sent Congress his tax-cut proposal, the lawmakers squabbled over the details but eventually gave the President virtually everything he wanted. In the end, the Economic Recovery Tax Act slashed personal-income tax rates 23% over three years. Reaganomics was supposed to produce a budget surplus of $500 million by 1984, but one of the Administration's master strategists, Budget Director David Stockman...

Author: /time Magazine | Title: The Crash: In The Shadows of the Twin Towers | 11/2/1987 | See Source »

...north of Kuwait City. The missile scored a direct hit on Sea Island, Kuwait's only deep-water oil-loading facility. The strike caused an explosion that could be heard 20 miles away in Kuwait City. The loading dock's destruction could temporarily cripple the emirate's ability to pump its oil aboard the largest supertankers. No ship was docked there when the Silkworm struck, so only five workers were hurt, none seriously...

Author: /time Magazine | Title: The Gulf Punch, Counterpunch | 11/2/1987 | See Source »

...drive is expected to pump $350 million straight into the endowment, said Vice President and Treasurer Glenn P. Streble, who is in charge of the drive...

Author: By Spencer S. Hsu, | Title: MIT Kicks Off Huge Fundraising Drive | 10/31/1987 | See Source »

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