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...dropped during the past three years as the auto industry has fallen on hard times. Critics now question the necessity of two reactors being built in Midland by Consumers Power and Detroit Edison's Fermi 2 plant nearing completion in Monroe County. Fermi 1, the first plant to sprout from Company Chairman Walker Cisler's vision, was problem plagued from its conception in the 1950s. It was shut down in 1972 after running only 300 days in six years...

Author: /time Magazine | Title: An Industry Still in Disarray | 4/11/1983 | See Source »

...almost out of business, an angel appeared. In 1980 a local gynecologist persuaded several fellow doctors to pitch in $500,000. Since then, a $5 million infusion by a group of investors, including Golder Thoma & Co., a Chicago venture-capital firm, and Donaldson, Lufkin & Jenrette's aptly named Sprout Investment Group, has enabled Vorhauer to hire 40 employees. V.L.I. will soon move into a 50,000-sq.-ft. manufacturing facility in nearby Irvine. Vorhauer expects to hire 80 more workers by year's end as production gears up. The United Kingdom and four other countries have already approved...

Author: /time Magazine | Title: One from Egypt | 3/28/1983 | See Source »

...parties. If Reagan fails to forge an agreement over taxes by midsummer, the chance of a bipartisan approach will evaporate in the frenzy of the approaching 1984 campaign, when both cutting spending and raising taxes become political shibboleths. And with it could vanish hopes that the buds beginning to sprout around the country will bloom into a sustained recovery...

Author: /time Magazine | Title: Searching for the Recovery | 2/21/1983 | See Source »

Less than pleased are the three nation al TV networks and their families of local affiliates. The networks have already seen their dominance over the industry eroded by the growth of cable. Now they stand to see it further weakened if the dishes sprout like mushrooms, as their proponents hope they will, in the years to come. Many viewers may prefer the programming and promised high-quality images from a satellite dish to the sometimes fuzzy versions of sitcoms and crime sagas available via their local stations...

Author: /time Magazine | Title: Video: The FCC Dishes It Out | 7/5/1982 | See Source »

...hero). Not caring much about them, one's attention fastens on the Thing's spectacular depredations. When it invades a body, a man's guts may open and snap shut, taking a bystander's hands off in the process. Or a head may come loose, sprout insect legs and toddle off across the floor. Designer Rob Bottin's work is novel and unforgettable, but since it exists in a near vacuum emotionally, it becomes too domineering dramatically and something of an exercise in abstract art. The weird lad down the block...

Author: /time Magazine | Title: Cinema: Squeamer | 6/28/1982 | See Source »

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