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...also announced that it would pare its spending on research and development $1 billion, or 17%, a move that prompted President-elect Bill Clinton to comment while leading a two-day economic conference in Little Rock. Though he conceded that IBM's cuts reflect the irresistible pressures facing U.S. manufacturers, he expressed concern about IBM's decision to slash investment in research and development. That kind of expenditure, said Clinton, is "the exact thing we don't want them to be cutting...

Author: /time Magazine | Title: How IBM Was Left Behind | 12/28/1992 | See Source »

...Nishnic, Demjanjuk's son-in-law, confirmed this week that Judge Tom Wiseman will not hold a two-day hearing previously scheduled to begin December 21 in Nashville...

Author: By Joe Mathews, CRIMSON STAFF WRITER | Title: Judge Will Hear Ryan's Testimony Next Year | 12/9/1992 | See Source »

...word a Sept. 29 letter that would provide State with a fig leaf of official justification for a search of Clinton's files. The next day Elizabeth Tamposi, Assistant Secretary for Consular Affairs, seized on Solomon's "request" and a handful of press inquiries to justify a rushed two-day hunt through 10 sets of confidential records in Washington, London and Oslo. Funk's report makes clear that Mullins informed Baker of the searches on or around Oct. 1. When the searches proved futile, Tamposi and her colleagues suggested Clinton's files had been "tampered with" -- a claim that took...

Author: /time Magazine | Title: Above The Fray | 11/30/1992 | See Source »

...money where it counted, notably on a $1 billion technical center where teams are developing a new generation of compact cars, among other creations, with little meddling from top brass. The company also committed $30 million to a training blitz last summer for its dealer and service networks, staging two-day workshops to prepare them for the new LH cars and the high expectations of drivers who have grown accustomed to imports...

Author: /time Magazine | Title: Chrysler's Second Amazing Comeback | 11/9/1992 | See Source »

...fall. Board members picked up tough ideas about what needs to be done in talks last month with General Electric chairman Jack Welch, who earned the nickname "Neutron Jack" by slashing GE's work force in the 1980s. Welch reportedly huddled with Smale and several other directors during a two-day forum of CEOs in Hot Springs, Virginia...

Author: /time Magazine | Title: What Went Wrong? Everything at Once. | 11/9/1992 | See Source »

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