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1987 Year

ENTERTAINMENT
December 31, 1987 | JACK MATHEWS
I had a very scary thought a few months ago. It came to me at the height of the Weird News blitz, when all of the stories about Donna Rice, Jessica Hahn, Jim and Tammy, and Spuds MacKenzie were blending like various liquids at a toxic dump. Somehow, the corrosive effect of that congealed information triggered a freakish neutron blast in my brain.
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BUSINESS
December 31, 1987 | LAWRENCE J. MAGID, Lawrence J. Magid is a Silicon Valley-based computer analyst and writer
Every year brings new products but 1987 was something special, with major companies making major announcements. IBM and Apple announced new product lines, while Compaq and several other firms committed themselves to developing innovative machines compatible with the existing IBM PC standard. The software industry was busy, too, with some important new products. The first big news came in March when Apple announced its Macintosh SE and Macintosh II models.
CALIFORNIA | LOCAL
December 31, 1987 | STEVE HARVEY, Times Staff Writer
In some ways, 1987 was a classic Southern California disaster story, with a big (but not The Big) earthquake striking Whittier, motorists shooting at motorists on the freeways, near-collisions in the skies, beaches closed because of sewage spills and studies pegging the the air as, still, the worst in the nation.
ENTERTAINMENT
December 30, 1987 | HOWARD ROSENBERG
The Russians were coming. The Russians were coming. The 1986-87 TV year more or less began as it ended--with a Soviet invasion of the United States. "Amerika" was the starter, Soviet leader Mikhail S. Gorbachev the topper.
CALIFORNIA | LOCAL
December 26, 1987 | JOHN DART, Times Religion Writer
Moral integrity, or the lack of it, was a major element in some of the year's biggest religion news stories. In an annual survey of its membership, the Religion Newswriters Assn. overwhelmingly picked the PTL scandal as the top news story in religion, followed by the U.S. visit of Pope John Paul II and the religiously imbued presidential campaign of Pat Robertson. American fascination with celebrities no doubt helped make those three stories top news.
ENTERTAINMENT
December 26, 1987 | ROBERT HILBURN
Jon Bon Jovi is the Donald Trump of rock, a master strategist with a pretty face who knows how to think big and win. There's no talk about him running for President yet, but don't underestimate this guy. Instead of building skyscrapers and operating casinos, Bon Jovi (which is also the name of his band) sells albums--more than 8 million of them over the last 12 months in the United States alone.
SPORTS
December 8, 1987 | ROSS NEWHAN
In his annual state-of-the-game address at the winter baseball meetings here Monday, Commissioner Peter Ueberroth described 1987 as a year of progress in all areas, including equal employment opportunity. "We're doing a good job, we just need more time," Ueberroth said of the minority hiring program. He cited a variety of statistics.
SPORTS
October 5, 1987 | MIKE PENNER, Times Staff Writer
Authorities on the subject by now, the Angels may have completed their definitive work on post-playoff depression in 1987. From first place to last place, in just one whirlwind tour of the American League. Around Anaheim, fallout from the Big One has been heavy before. After their inaugural AL West championship in 1979, the Angels all but vaporized the year after--plunging to sixth place with a 65-95 record, 32 games off the pace. And after title No.
BUSINESS
March 19, 1987
Officials of Ultrasystems Inc. told investment analysts at a meeting Wednesday in New York that the company's $10.1-million write-off of non-recurring costs and investments in an ethanol refinery project was a major contributor to a 76% drop in net earnings during fiscal 1987, to $1.7 million from $7.1 million for the previous year.
NEWS
January 11, 1987 | TOM REDBURN, Times Staff Writer
Will the new tax law cause an economic slowdown early this year? In overwhelming numbers, economists are convinced that it will. To take advantage of several tax breaks that were repealed at the end of 1986, these analysts reason, consumers and businesses appear to have gone on a year-end buying spree. They will have to cut back in the months ahead, according to this argument, as a result of their depleted pocketbooks.
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