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...supermarkets, drugstores and discount centers rather than department stores. It also successfully went its own way by marketing a Limited number of shades for four basic Cover Girl products: lipstick, nail polish, eye makeup and facial makeup. Noxell's competitors usually load up store shelves with a bewildering array of choices. Noxell's policy allows it to hold down costly inventories. According to a report by Merrill Lynch, "Cover Girl has the fastest inventory turnover at retail of any major cosmetics Line...

Author: /time Magazine | Title: Cover Girl Chili | 6/6/1983 | See Source »

...Renaissance art. At 30, he became the youngest director in the history of London's National Gallery. Between knighthood (1938) and the award of a life peerage (1969), Lord Clark wrote a score of books, maintained heady friendships (Winston Churchill, Walter Lippmann, Pablo Picasso), and held an array of academic titles (Slade Professor of Fine Art at Oxford) and cultural posts (founding chairman of the Independent Television Authority). "K," as chums called him, was self-deprecating in a 1974 autobiography: "My whole life might be described as one long, harmless confidence trick...

Author: /time Magazine | Title: Milestones: May 30, 1983 | 5/30/1983 | See Source »

...salary of $60,000 a year," says History Professor James Leutze, who heads the ROTC board at the University of North Carolina at Chapel Hill. Military salaries, while not always competitive with those paid for comparable jobs in the private sector, are more than respectable, especially considering the wide array of benefits that are available: free medical care, room and board, and PX privileges. Monthly pay for a recruit is $574; for a sergeant with four years' service it is $906; for a major with ten years' service it is $2,305. The services' slick $175 million...

Author: /time Magazine | Title: Answering Uncle Sam's Call | 5/23/1983 | See Source »

...science is not always the best way to achieve a defined aim. When we need to wire new lighting for our house, we never hire a physicist to perform a complicated array of calculations; he could easily make a mistake and the house would burn down. Instead we call on an electrician who might know nothing about the scientific theory of electricity, but who has learned by custom and experience what sort of wiring works best...

Author: By Matthew L. Meyerson, | Title: Blinded by Science | 5/12/1983 | See Source »

...foreign governments consistently subsidize industries to give them an advantage in international competition. A Commerce Department study showed, for example, that government help to European steelmakers amounted to as much as 41% of the value of their products. In response, other nations charge that the U.S. has its own array of subsidies, including low-cost financing through the Export-Import Bank to customers who buy American goods...

Author: /time Magazine | Title: Upsurge in Protectionism | 5/9/1983 | See Source »

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