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When Chemical Bank introduced its home-banking system five years ago, the Manhattan institution touted the new service as a breakthrough in consumer finance. For $12 a month, customers equipped with personal computers and telephone modems could tap into the bank's electronic ledgers and handle many of their banking chores from the comfort of home. Chemical viewed it as both a high-tech lure to draw new customers and a strategic first step toward a checkless, cashless future...

Author: /time Magazine | Title: Technology: Back to The Velvet-Roped Lines | 1/9/1989 | See Source »

...costly scenery, characters and whole subplots came and went. On some nights more than a hundred paying customers left at intermission or even during the performance. One couple who marched up the aisle during the second act seemed particularly weary of a plot device that has the hero, a tap-dancing gang leader, repeatedly fake his own murder. As the departing woman looked back at the stage, she whispered, "He's alive again." Muttered her companion: "Better he should have stayed dead...

Author: /time Magazine | Title: Theater: Legs Diamond Shoots Blanks | 1/9/1989 | See Source »

...education has allowed some companies to tap the current wave of immigration -- the largest since World War I -- for skilled workers. Blue- collar employees at the Orange County, Calif., division of Unisys, for example, speak everything from Korean to Japanese to Spanish. Their productivity improved significantly, Unisys managers say, when the company began offering ten-week courses in reading, writing and speaking English. Classes, which number 15 students at most, meet in the company cafeteria, whose wraparound picture windows look out on the Santa Ana Mountains. "Before I took the class I couldn't stand up and talk...

Author: /time Magazine | Title: The Literacy Gap | 12/19/1988 | See Source »

Faced with such grim statistics, students are mounting marketing campaigns that would put Procter & Gamble to shame. Videotapes that advertise a student's creativity are especially popular. Five years ago, Bowdoin College in Maine received just two; last year it got 100. The variety is astonishing: tap-dancing routines, karate demonstrations and music videos. Not all audiovisuals are helpful, however. When an applicant to the University of California at Santa Cruz submitted a taped comedy routine with sexist and racist jokes, admissions director Joe Allen was so offended that he eliminated the student from contention...

Author: /time Magazine | Title: Education: Welcome To Madison Avenue | 12/19/1988 | See Source »

According to Nussbaum, Steinberg, 47, assumed such total control of her life that she could not eat or leave their Greenwich Village apartment without his permission. One night last November, she said, he ordered her and Lisa to eat hot pepper, forcing them to drink glass after glass of tap water. A bit later, while Nussbaum was in the bathroom, Steinberg came in bearing in his arms the bruised and unconscious girl. When Nussbaum asked what had happened, she testified, Steinberg replied, "What's the difference what happened? This is your child. Hasn't this gone far enough?" He then...

Author: /time Magazine | Title: Hedda's Hellish Tale | 12/12/1988 | See Source »

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