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...Board in such a headlong rush that the ticker tape reporting transactions and prices fell as much as 63 minutes behind the pace of trading. "This thing is feeding on itself," fretted William LeFevre, vice president at one Wall Street brokerage house. "Each decline triggers another batch of people who have to sell...

Author: /time Magazine | Title: The Squeeze of '79 | 10/22/1979 | See Source »

Byrd was more than graciously received by Brezhnev at his vacation retreat at Yalta. The Soviet leader had sent his limousine to pick up his guest at the airport, 80 miles away. When Byrd drove up, Brezhnev was seated on the lawn and was wearing a batch of medals on his chest. He rose to shake Byrd's hand...

Author: /time Magazine | Title: Nation: From Russia with Hope | 7/23/1979 | See Source »

Students slaving over their books got a little unexpected relief this January, when the state fire marshall rushed to the Science Center to dilute a batch of nitroglycerine prepared by a freshman working on science experiments. The building was evacuated in mid-exam, the nitro was defused, and before long the college was back to mid-winter normal--and more exams...

Author: NO WRITER ATTRIBUTED | Title: Stability and Change | 6/7/1979 | See Source »

...threatened supply, scientists have long dreamed of raising lobsters. But lobster culture has so far never passed the experimental stage. The obstacles are formidable. In the wild, it takes lobsters five to eight years to reach maturity. Even when the females begin laying eggs, only about one in every batch of 10,000 survives; the larvae fall prey to a host of natural predators. To complicate the job of would-be lobster farmers, the creatures must be kept apart: in captivity they show as much appetite for each other as humans do for them. Says Marine Biologist Douglas Conklin: "They...

Author: /time Magazine | Title: Science: Lobster Bodega | 6/4/1979 | See Source »

...whether it is speeding up or slowing down. Largely because inflation-pinched consumers are reducing some spending, the output of goods and services grew at a paltry 0.7% annual rate in this year's first quarter, way down from almost 7% in last year's final quarter. Yet a batch of fairly robust statistics indicates that there was a rebound in March, and that is causing a significant split in the Carter Administration over what policy to pursue...

Author: /time Magazine | Title: Business: The Fed vs. Jimmy's Aides | 4/30/1979 | See Source »

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