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...Board will also warn its investors not to buy any South Africa-linked stock in the future, he added...

Author: By William E. Mckibben, | Title: City to Gradually Sell S. Africa Stock | 3/4/1980 | See Source »

Leading finance men, including former West German Bundesbank President Otmar Emminger, warn of bad trouble looming ahead. Chase Bank Chairman David Rockefeller says with a nautical flair: "What we see ahead are treacherous economic seas and gale-force financial winds, strong enough to capsize even large, well-manned ships." Former British Chancellor of the Exchequer Denis Healey paints a chilling future in which soaring oil prices could all too easily threaten bankruptcy for entire nations, forcing them to default on loans to Western banks. This, he says, "could bring the whole international banking system crashing down...

Author: /time Magazine | Title: Business: World Bankers Juggle the Huge Oil Debts | 3/3/1980 | See Source »

Yannacone contends that the companies knew that Agent Orange was highly dangerous, but failed to warn either the Pentagon or servicemen who might come in contact with it. He is asking the federal district court in Westbury, Long Island, to order the companies to pay a percentage of their future profits-the amount to be determined by the court -into a trust fund for the compensation and care of all Viet Nam G.I.s and their children injured by dioxin. The sum at stake could easily run into the hundreds of millions of dollars, or even billions, as Agent Orange Victims...

Author: /time Magazine | Title: Nation: Where Is My Country? | 2/25/1980 | See Source »

...glowing popularity of wood-burning stoves may be bringing back a skin complaint virtually unknown in the U.S. since the arrival of central heating: erythema abigne, literally redness of the skin from fire. Dermatologists warn that prolonged or repeated exposure to intense heat can cause permanent web-patterned skin discolorations, ranging in shade from pink to brown. (Habitual use of very hot water bottles and heating pads can lead to the same problem.) Dr. Stephen Stone of Springfield, Ill., had one patient whose upper back, shoulder to shoulder, was crisscrossed by marks resulting from sitting too near a wood-burning...

Author: /time Magazine | Title: CAPSULES: Capsules | 2/25/1980 | See Source »

...come cheap: a braiding job costs anywhere from $80 to $300, and it takes four to eight hours to finish. But once done, the hair can be shampooed daily and will stay intact for a month. Devotees praise the fashion as being "goddess-like," and "very Egyptian," but hairdressers warn that not every girl should get a Bo. Says Jim Thompson, a Florida stylist: "It might make a 9 into a 10, but it won't make a 3 into...

Author: /time Magazine | Title: Living: Hanging 10 | 1/28/1980 | See Source »

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