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...soft-frozen yogurt and brownie bars. In the process, the size and diversity of the $1.6 billion frozen-novelty market have grown spectacularly. That category includes all frozen desserts sold in individual portions, which have nearly doubled their sales in the past five years. The industry's burgeoning roster of competitors, which spend heavily to promote their products, ranges from one-product ventures like North Carolina-based Fruitiki to such giants as Nestle and Pillsbury...

Author: /time Magazine | Title: Hot Growth in a Cold Market | 6/29/1987 | See Source »

Ranked just below David-Weill on the FinancialWorld roster were such eminences as George Soros, 56, president of Manhattan's Soros Fund Management ($90 million to $100 million); Richard Dennis, 38, a partner in Chicago- based C&D Commodities ($80 million); and Junk Bond King Michael Milken, 40, senior executive vice president of the Drexel Burnham Lambert investment firm (up to $80 million). Not far behind, at $65 million or so, was J. Morton Davis, 58, chairman and president of D.H. Blair, a Manhattan investment bank that specializes in stock offerings for health-care firms...

Author: /time Magazine | Title: Making Oodles of Boodle | 6/22/1987 | See Source »

...curious circumstance struck Tony Perez as the great Cuban hitter chatted behind Boston's batting cage. "On the entire 25-man roster," he said, "the Red Sox have one black and one Latin, and I'm the one." Someone mentioned Jim Rice. "Disabled list," said Perez. "Mike Torrez?" That made him sigh. With a gaze of pitying forbearance that is becoming a familiar look in all kinds of sports arenas, Perez explained, "A Mexican from Topeka, Kans., is not a Latin...

Author: /time Magazine | Title: Sport: The Complexities of Complexions | 6/22/1987 | See Source »

...cause of affirmative action, and black Sociologist Harry Edwards has hired on as a consultant. Baseball is publicly standing up to racism. And, one year after George Foster was derided and expelled for bringing up the subject, the World Champion New York Mets have three blacks on the entire roster, four counting Shortstop Rafael Santana, a Latin who is not from Topeka...

Author: /time Magazine | Title: Sport: The Complexities of Complexions | 6/22/1987 | See Source »

...University while a student there. Though the tape was just a student project, dozens of people later asked if they could buy copies. Seeing a potential market, Levitan produced a 40-minute video yearbook the following year and sold 100 copies at $45 each. His company now has a roster of 20 clients, including such universities as Princeton, Brown and Michigan. The tapes are fast-paced, smoothly edited overviews of the school year, with scenes of everything from basketball games to campus demonstrations...

Author: /time Magazine | Title: Video: Lights! Camera! Graduation! | 6/15/1987 | See Source »

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