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...sales: $7.1 billion) announced a 7.5% jump in its retail film prices to help offset the rise in the cost of silver, which could add nearly $1.5 billion to the company's overhead this year. The largest users of industrial silver are hospitals, which require vast quantities for X-ray film. When the prices go up, hospital costs rise, insurance premiums climb, and federal Medicare and Medicaid outlays, already among the biggest items in the federal budget, also increase. That means steeper Social Security taxes, larger employer contributions to payroll deductions and ultimately fractionally higher prices throughout the entire...

Author: /time Magazine | Title: Business: Gold and Silver Go Bonkers | 1/14/1980 | See Source »

...build them scan the cosmos for signals from dense, dark and dusty pieces of galactic real estate that cannot be observed visually. State-of-the-art infrared detectors routinely fly aboard high-altitude balloons and reconnaissance aircraft, seeking evidence for heretofore unrecognized warm regions of space. Ultraviolet and x-ray spacecraft, perched in orbit far above Earth's opaque atmosphere, map distant sources of potent radiation emitted by previously unknown exotic astronomical objects; these are not merely passive probes like pioneering satellites that marked the dawn of the Space Age, but whole observatories remotely operated by teams of scientists, much...

Author: By Eric J. Chaisson, | Title: Exploring the Invisible: Astronomy in the 70s | 1/7/1980 | See Source »

Here's sampler of the advances made largely by means of the invisible ultraviolet and x-ray radiation they emit. Researchers have especially concentrated on the active, flaring regions of bright stars, for it now seems that their atmospheres are energized far more powerfully than our Sun. A number of unanticipated discoveries concerning rotation, magnetism, size and dynamics suggest that a completely new outlook on the physics of stars may be required to fully understand them...

Author: By Eric J. Chaisson, | Title: Exploring the Invisible: Astronomy in the 70s | 1/7/1980 | See Source »

...combination of radio and x-ray observations has unexpectedly established the existence of neutron stars. Spinning rapidly and emitting pulses of radiation, neutron stars are not really stars at all; they are ultradense balls of nucleons compressed by the catastrophic death of a massive star into an object not much larger than a typical city. Gravity is so intense that a teaspoon of neutron-star stuff would weigh about a million tons, a human would be crushed to the thickness of a postage stamp, and the entire population of planet Earth, if shipped to a neutron star, would be compressed...

Author: By Eric J. Chaisson, | Title: Exploring the Invisible: Astronomy in the 70s | 1/7/1980 | See Source »

...turned life for European executives into a routine of paranoid precautions. Former Premier Aldo Moro was kidnaped and executed. With grotesque ingenuity, Italian terrorists practiced "kneecapping"-blowing holes in their victims' knees. Hijackers in the '70s forced every major airport in the world to search passengers and X-ray luggage...

Author: /time Magazine | Title: Last Look At The '70s: Epitaph for a Decade | 1/7/1980 | See Source »

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