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During Reagan's first term, the U.S. retired 21 Titan II missiles, which are considered obsolete; the remaining 33 are being phased out at the rate of one a month. Eight Polaris submarines with 64 long-range missiles were also retired, but three new Trident subs, carrying 576 missiles, more than made up for the loss. The U.S. also took 79 of its oldest B-52 bombers out of service, but it equipped 90 others with formidable cruise missiles...

Author: /time Magazine | Title: Negotiation By the Numbers | 1/7/1985 | See Source »

Television Titan Ted Turner last week launched MTV's first 24-hour opponent, Cable Music Channel. Another contender, Discovery Music Network, plans to begin operating in two months. "MTV has good reason to worry," says Alan Gottesman, an analyst at the L.F. Rothschild investment firm. "If anybody can break MTV's hold on the market, Turner can. He has the money and the patience...

Author: /time Magazine | Title: Hit Parade: MTV hears a chorus of rivals | 11/5/1984 | See Source »

World War I question.) Not our neck of the woods exactly. Yet Americans will be neither out of place nor outclassed this year, even if we will not see Eric Heiden wearing his five gold medals like a Titan's necklace, or pumping his arms in the golden suit that appeared welded to his body. Not that his outfit was wilder than anyone else's in this ice capade: goggle-eyed skiers in interplanetary helmets, figure skaters sprayed with sequins spinning in electric blues, the brash colors seeming to make a protest against the frozen season...

Author: /time Magazine | Title: Here We Go Again! Winter Olympics In Sarajevo | 1/30/1984 | See Source »

...feature is a requirement that neither side have a total of more than 2,500 warheads on its ICBMs. That is about 3,000 fewer than the Soviets are allowed under SALT II. Yet it is nearly 350 more warheads than the U.S. has on its own Minuteman and Titan ICBMs. The U.S. force of land-based warheads could expand even as the Soviet one would be required to contract. Meanwhile, there would be no restriction on bombers and cruise missiles, weapons in which the U.S. has an overwhelming advantage both numerically and technologically...

Author: /time Magazine | Title: Finally, a START on Arms Curbs | 7/12/1982 | See Source »

...more bewildered taxpayers become, however, the bigger the bonanza for H&R Block, the titan of the American tax-preparation business. When the stampede of last-minute customers subsides after April 15, the Kansas City-based firm expects to have completed 10 million 1981 tax returns, or roughly one out of every ten filed, for an average fee of about $32. With 8,190 offices in the U.S., and 1,160 overseas outlets in twelve foreign countries used by Americans living abroad, Block reaped revenues last year of $288 million, up 25% from...

Author: /time Magazine | Title: Boom Time at Block | 4/12/1982 | See Source »

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