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...company has ambitious expansion plans. Vuitton expects to introduce new pens, watches and silk scarves in the fall, and its Givenchy- perfume subsidiary is readying a line of health-care and makeup products. Moet intends to market moderately priced sparkling wines in Spain and Australia. As such projects unfold, Moet Vuitton's enormous growth potential may provide Chevalier and Racamier just enough incentive to keep their company together...

Author: /time Magazine | Title: Do Champagne and Luggage Mix? | 8/22/1988 | See Source »

...complex sociological terrain. Also affording special pleasure are a Sherlockian pastiche from an elder statesman, the eagerly awaited return of two detectives whose creator prefers plumbing the darkest of psyches, a couple of hard-boiled escapades centered on the trade in illegal immigrants, and two nightmare imaginings that unfold underground...

Author: /time Magazine | Title: Books: Suspects, Subplots and Skulduggery | 8/8/1988 | See Source »

...processing power required to sort out that mass of data is staggering. Says Ronald Hendricks, technical director at Singer's Link Flight Simulation Division, a descendant of Edwin Link's original company: "When you look out the window, you see 18 billion bits of information. To make that scene unfold in real time, you have to compute a new image 60 times a second...

Author: /time Magazine | Title: Technology: Into The Wild Blue (Digital) Yonder | 8/1/1988 | See Source »

...Swaggart scandal began to unfold on Feb. 18, three days before his climactic confession service, when the evangelist and his entourage rushed by private jet to Springfield, Mo., for a secret meeting with church leaders at Assemblies of God headquarters. It was a sorry moment for the denomination, which had seen attendance jump by 23.3% between 1979 and 1985. Adherents now number 2.1 million in the U.S., 16.4 million worldwide. Swaggart has been the group's most electrifying TV preacher and road revivalist, and his ministry has expanded lavishly overseas, providing $10.4 million of the denomination's 1987 mission budget...

Author: /time Magazine | Title: Religion: Now It's Jimmy's Turn | 3/7/1988 | See Source »

...once again became a true believer in the bull. Reason: the healthier corporate profits he had been looking for had started to arrive. "Here I had this lurking fear that there were no longer any values in the stock market, and, lo and behold, what was starting to unfold was that earnings were coming back." Behind the rise were a determined cost-reduction campaign by American business and the long decline of the dollar, which encouraged U.S. exports and made imports less competitive. Says Lynch: "The popular opinion is that America is no longer competitive. But I was getting...

Author: /time Magazine | Title: Up, Up, then Doooown | 1/4/1988 | See Source »

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