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Since the transactions reflect the real price that buyers are willing to pay, the deals are closely watched by OPEC members for signs that the cartel's long-term prices could be increased. Spot prices have eased from a peak of $42 per bbl. in late May to about $30 to $32 per bbl., but fears of production cuts have stopped the slide...

Author: /time Magazine | Title: Business: Rip-Off Time Once Again | 8/13/1979 | See Source »

...events in the magician's life, freely rearranged, are played out in stylized, pageantlike scenes. His birth is presented as his first "great escape." But he remains passionately tied to his mother. Her death at the peak of his career leads him to court, then to denounce, the spiritualists who are unable to put him in touch with her. After his own death, his wife Bess holds seances for ten years in an attempt to reach...

Author: /time Magazine | Title: Music: Houdini: The Riddle Remains | 8/13/1979 | See Source »

...radar-equipped orbiter still spewing data, the other a multiple probe that dropped five instrument packages into the Venusian atmosphere. Among the findings: the neighboring planet has an extraordinary five-layered cloud cover, is riddled by continuous lightning bolts and scarred by a rift valley and mountain peak more grandiose than any on earth, and has totally unexpected abundances of primordial neon and argon. Their presence suggests new ideas about the nature of the great cloud of gases and dust from which the sun and planets were born...

Author: /time Magazine | Title: Science: It's the Robots' Turn, by Jove! | 7/23/1979 | See Source »

Sweeney Todd. Not for the squeamish, since it is about cutting people's throats, baking the fresh cadavers without delay and serving them up as meat pies. With Angela Lansbury and Len Cariou in peak performances, Sweeney Todd is a classic example of the remarkable virtuosity and range of the U.S. musical when it is in the hands of two flamboy ant masters of the stage, Director Harold Prince and Composer-Lyricist Stephen Sondheim. It is also the closest Sondheim has come to writing an opera, albeit dark, cynical and morbid...

Author: /time Magazine | Title: Theater: Summer Fair | 7/23/1979 | See Source »

...Source, the owner of a home computer pays a $100 hookup fee, plus a service charge when his terminal is in use: $2.75 per off-peak hour (6 p.m. to 7 a.m.) or $15 per business hour. Once connected, the consumer can call up programs by placing a toll-free call to a computer in Silver Spring, Md., and asking The Source questions-in English. Available since June 5, The Source's home and business services are just a phone call and a terminal screen away for 500 new subscribers...

Author: /time Magazine | Title: Living: Source Book | 7/9/1979 | See Source »

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