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...inner ring road, and the North-to-South Elevated Expressway cutting through downtown. About 20% to 30% will derive from a joint venture that makes chassis, front suspensions, rear axles, steering and shock absorbers for the Shanghai Volkswagen Automotive Co. The third revenue stream is produced by Nanyang Bros. Tobacco Co., a Hong Kong manufacturer of the popular Double Happiness cigarettes, which last year had sales of $141.6 million. Responsible for as much as 80% of SIHL profits in 1996, Double Happiness will contribute only 20% to 30% this year. The decline is actually good news. It stems not from...
...Strong economy. With unemployment low and concerns about corporate job cutting abated, consumer confidence is high. Demand for housing is bursting at the seams. Luxury builder Toll Bros. recently posted record quarterly earnings, revenues, signed contracts and back orders. Through July, existing homes were selling at a record annual rate of more than 4 million. Much of the activity is baby boomers' trading up to bigger houses, a trend that N.A.R. economist Fred Flick says will persist. So there's no reason to expect house prices to lose out to inflation in the foreseeable future...
...personnel in the movie "Contact" delivering fictional news reports about a message from an alien civilization. Earlier, Shaw had appeared in "The Lost World" reporting that dinosaurs had run amok in San Diego. But "Contact" came under special scrutiny because CNN's parent company, Time Warner, also owns Warner Bros., which produced the film. Johnson said he wasn't pressured to lend his journalists to the movie. "It has created a concern among the professional community that we are being manipulated by Time Warner," he said. "We are not. Categorically we are not." He added, however: "It's fair...
...techno, music seems to have only a few more fans in the U.S. than Dennis Rodman has in Utah; the most heralded acts have been weak performers in the marketplace. Now the Prodigy has arrived in the U.S., and its potent album, The Fat of the Land (Maverick/Mute XL/Warner Bros.), due out July 1, is not far behind. Can the band give electronica the jolt it needs...
...sorry that your review of new animation and cartoon books [SHOW BUSINESS, May 19] failed to mention my father Robert McKimson, who was with Warner Bros. Cartoons studio as an animator and director from 1931 until it closed in 1963. He directed 175 cartoons and created the Tasmanian Devil, Foghorn Leghorn, Sylvester Jr. and the original Speedy Gonzales. He was nominated for two Academy Awards and was credited in 1944 by the Library of Congress as the author-artist of Bugs Bunny. The books you covered in this article did little to expose the artistic talent that was part...