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...Reason: the regulations impose new, standardized endorsement procedures to help speed up the process of moving checks to their appropriate banks. For example, endorsements must be confined to the top 1 1/2-in. portion on the back of the check. Many supermarket managers will have to buy new equipment to stamp precise endorsements on the checks and train their staff how to use the new system...

Author: /time Magazine | Title: BANKING: Fast Forward For Checks | 9/12/1988 | See Source »

Only last year South Korea was under the iron fist of President Chun Doo Hwan, a former army general who had seized power in a 1980 coup. The press was muzzled, the National Assembly a rubber stamp, and the political opposition rendered impotent by persistent, often brutal suppression. Human rights were routinely abused...

Author: /time Magazine | Title: South Korea Breaking into the Big Leagues | 9/12/1988 | See Source »

This is not too hard to explain, for on a certain level John Fusco's script is shrewdly calculated. The lads are employed as enforcers by an Englishman (Terence Stamp) who is almost Dickensian in the sentimental kindness he lavishes on lost boys. When he is gunned down in a range war, his wards get to play rebels with a cause, rubbing out authority figures hostile toward high- spirited youth...

Author: /time Magazine | Title: Cinema: Horse Opera | 9/5/1988 | See Source »

...creating a heightened standard of "certified clean," a tiny California- based company called NutriClean has sent grocers scrambling to get an independent stamp of approval for their produce. Founded four years ago by Chemist Stanley Rhodes, the twelve-employee firm serves growers and grocers alike, sampling produce in the field and on supermarket loading docks. The NutriClean tests check for several pesticides that are not routinely screened by the Food and Drug Administration. Says Frank McMinn, vice president of advertising for Raley's, a 53-store Sacramento-based supermarket chain that was one of the first to tout its NutriClean...

Author: /time Magazine | Title: Where Cleanliness Means Profits | 9/5/1988 | See Source »

Even with its charming "postage-stamp" hole, aced by Gene Sarazen at the age of 71, Troon is more distant, dim, vague, gray, dreamy and melancholy, much closer to the mind's impression of moors and mires. It resembles a battleground that is really a testing ground, bumpy and full of bad breaks. Like youth, the longest shots start to go a little awry, until, like hope, they disappear entirely into the darkness of the day. "Unrecoverable," say the caddies without irony, over and over. "Unrecoverable." On the moonlit night, the golf-course hotel might be Baskerville Hall. From...

Author: /time Magazine | Title: Sport: The Misty Birthplace of Golf | 8/29/1988 | See Source »

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