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...Hongkong and Shanghai Banking Corp., scheduled for completion in 1985, could eventually cost $920 million, making it the most expensive single building in history. At 41 stories, it would cost only a little less than the $1.1 billion for the entire World Trade Center complex, with its twin towers of 110 stories each and its thousands of offices, including those of the bank's New York City Bank officials say they cannot confirm the price estimates. The $920 million figure would be nearly three times the bank's 1981 profits of $352 million...

Author: /time Magazine | Title: Oriental Extravaganza | 2/28/1983 | See Source »

...plot itself is pure mechanistic comedy of the most elemental kind, revolving around an almost abstract symmetry of mistaken identities. In sketch as succinctly as possible, there are two pairs of twins, each pair sharing name Antipholus of Syracuse (Harry S. Murphy) and Antipholus of Ephesus (Paul Schierhorn), and their servant Dromio of Syracuse (Thomas Derrah) and Dromio of Ephesus (Stephen Rowe). The Antipholi and Dromios were separated in s shipwreck at a very young age, and now Antipholus of Ephesus, having sought his lost lost twin for seven years, finds himself in the hostile city of Syracuse, not knowing...

Author: By Jean CHRISTOPHE Castelli, | Title: Live From Syracuse | 2/25/1983 | See Source »

...fare wars have ultimately been caused by the twin impact of deregulation, which brought price competition to the airlines and allowed nonunion upstarts to flourish, and the recession, which caused traffic to shrink. Result: too many seats chasing too few passengers. No-frills carriers like People Express (see box) and Southwest Airlines are thriving on the competition by holding down costs, but some other small airlines are being squeezed. Air Florida, which had helped spark an earlier round of discounting, lost $64 million in the first nine months of 1982 after Delta and Eastern began matching the fares...

Author: /time Magazine | Title: Turbulence in the Skies | 2/21/1983 | See Source »

...Scottsdale rookies were motivated as much by sentimentality as by any illusions of athletic prowess. Dr. Leonard Arnold, 61, came along with his twin sons Larry and Gary, who "were born the last year the Cubs won a pennant." Jim Anixter, 38, a wire-company executive from Highland Park, Ill., was a member of a syndicate that attempted unsuccessfully to buy the Cubs from the Wrigley family in 1981 (the team was purchased by Chicago's Tribune Co.). Gene Marzelli, 45, of Palatine, Ill., who designs office interiors, had been working out daily since Thanksgiving. Everyone's favorite...

Author: /time Magazine | Title: Living: The Boys of Winter | 2/7/1983 | See Source »

...South paw Rich Nye and wound up with 1.000 batting averages against big leaguers. "The vodkas helped," declared Albano. Lessel came within a prayer of knocking a 355-ft. homer. The Arnold family went home happy: Father Leonard managed a grounder, Son Larry stroked a solid single, and twin Gary struck out Banks on a sidearm change-up. The most happy player may have been Soloway , the quintessential bumbler, who was awarded a plaque as Most Improved Player. He promptly an nounced his retirement from baseball. Until next year? -By Michael Demarest. Reported by Lee Griggs/ Scottsdale

Author: /time Magazine | Title: Living: The Boys of Winter | 2/7/1983 | See Source »

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