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...Navy, which thought it was close to a settlement with General Dynamics, the move came as a shock. The Navy immediately threatened legal action. Most likely, it will seek a court injunction ordering General Dynamics to continue building the submarines. The Los Angeles class (SSN 688) nuclear subs are sleek 360-ft. vessels designed to attack surface ships and other submarines, and are the U.S.'s answer to a relatively new class of Soviet subs. Only two of the submarines involved in the General Dynamics contract have been delivered; the remaining 16 are in various stages of construction...

Author: /time Magazine | Title: Business: More Cash or No Subs | 3/27/1978 | See Source »

...Feds boast more than 100 boats, but the fastest Coast Guard launch will travel only 28 m.p.h. The smugglers' sleek ocean racers, stripped of galleys and bunks for greater capacity, can do 50 m.p.h. fully loaded. "We are outmanned and outrun," says Coast Guard Commander John Ikens. "They have more money than...

Author: /time Magazine | Title: Nation: Pot Smugglers' Paradise | 3/13/1978 | See Source »

Adds TIME'S Aikman: "In Rumania, senior officials have their own villas and even relatively low party functionaries drive automobiles and receive a generous gasoline allowance. The son of Communist Party Boss Nicolae Ceau?escu races around Bucharest in a sleek Mercedes sports coupé. The perks for the Polish elite include special schools for their children and access to luxurious vacation camps and ski resorts. Traffic literally stops for East Germany's new class; at the approach of the imported Volvo limousines carrying the party's top brass, police halt all other movement on the streets...

Author: /time Magazine | Title: Socialism: Trials and Errors | 3/13/1978 | See Source »

West German films and novels today reflect that revulsion. To some, the sins of Auschwitz were never expiated; instead, a guilty society arose sleek and fat from defeat. Young men and women raised to take affluence for granted then violently recoiled from it and adopted the old anarchist's device of Propaganda by Deed...

Author: /time Magazine | Title: Time Essay: Terrorism: Why West Germany? | 12/19/1977 | See Source »

Norelco ($110). American. Sleek, well built, performs all the functions of a Cuisinart, but is somewhat less durable. Best buy in its range...

Author: /time Magazine | Title: Living: Miracle Machines: Chefs' Delights | 12/19/1977 | See Source »

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