Word: 80s
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Dates: during 1990-1999
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Even if CBS and the rest of the networks all get seats in this musical- chairs game, their chairs may collapse. Basic cable channels launched after the early '80s golden age are by no means sure things. Comedy Central loses many millions of dollars a year, while CNBC is just breaking even. Each of these new channels could easily require an investment of $100 million or more...
...economy as a whole, the chief benefit from low rates has been the chance for consumers and companies to ease the debt burden that the '80s left behind. Economists say that should pave the way for stronger growth by 1995. Weary Americans might be forgiven, however, for thinking the promised land is still a long way off. "Lower interest rates won't do it alone for us or for our dealers," says Allan Gilmour, vice chairman of Ford Motor Co. "Their steam has just about run out. The economy's biggest problem is that it needs an igniter...
...Cohn got Columbia Pictures to pay an astonishing $9.5 million for the movie rights to the Broadway musical Annie, a record that will probably never be broken. In New York's big-time legitimate theater, Cohn's hegemony was almost complete, his power inescapable. During a couple of early-'80s seasons, Cohn was involved in the Broadway productions of "Nine," Noises Off, The Real Thing, Sunday in the Park with George and A Moon for the Misbegotten, among others...
...region owes much of its boom to the energy bust of the mid-'80s, which forced companies to downsize and the states -- notoriously overreliant on natural resources ever since the silver rushes of the 1870s and 1880s -- to diversify. Idaho also continued to help small companies grow larger while encouraging the new high-tech industries around Boise. Wyoming revived its moribund coal fields with the world's most highly automated mining processes. Colorado financed an ambitious drive to make Denver an international hub with a new $3 billion airport. Utah restructured its copper and steel mills and absorbed their laid...
COURTROOM CARNAGE Federal judges have been so jittery about courthouse crime that since the early '80s, most federal courts have been outfitted with airport-style X-ray machines, designed to detect concealed weapons. Even so, the bloodletting continues. On Aug. 6, a man scheduled to be sentenced for drug dealing stormed the federal courthouse in Topeka, Kansas, firing two guns . and lobbing pipe bombs. Before Jack McKnight, 37, killed himself by detonating explosives strapped to his body, he killed a security guard and wounded five people. "There's now a tacit assumption that people can vent their frustrations almost anywhere...