Word: busting
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Dates: during 1990-1999
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With a boom-or-bust mentality gripping the book industry, publishers are nervously fielding their entries for the fall's best-seller sweepstakes. Some name-brand authors can't miss. Others, even those with high critical marks, will find their efforts in remainder bins. Art, like life, isn't fair. Here is a selection of sure things and possible surprises for the coming season...
Most Denver residents welcome the 52-sq.-mi. project, not only to ease air- traffic congestion but also to provide an economic stimulant to a city that has been nearly paralyzed since the oil bust of the mid- 1980s. When Pena first ran for office in 1983, he opposed the new airport, advocating instead an expansion of Denver's Stapleton International Airport. But after he was elected, Pena became a supporter of the popular project. Throughout 1984, as Denver secretly negotiated with neighboring Adams County for a new site, M.D.C. and Silverado quietly began buying up farmland that would eventually...
...riff and it could be another slick M.C. Hammer rap, the kind of bouncy, braggadocian tune that repeatedly hooked the top single spot for U Can't Touch This. Hammer, 27, is living a dream: superstardom in a flash; private jet between gigs; movie offers; and a record label, Bust It Management Productions, to call his own. And all this by being the first performer to forge an alliance between two warring camps: the poppers and the rappers...
...boom-and-bust '80s may be history, but the banking rough-and-tumble is + now more pronounced than ever. In the U.S. the battered industry is selling assets to recapitalize itself after the debacles of Third World debt, the decay in value of high-risk junk bonds used for corporate buyouts and the collapse of the real estate market in several sections of the country. The mighty Japanese, now far and away the world's biggest banking players, are also being squeezed. Japanese banks face rising interest rates that boost their costs at home and new international capital-reserve requirements...
...moods and dimensions. Even relatively small bunches of boomers made waves, most notably the 4 million or so young urban professionals of the mid-1980s. By contrast, when today's 18-to-29-year-old group was born, the baby boom was fading into the so-called baby bust, with its precipitous decline in the U.S. birthrate. The relatively small baby-bust group is poorly understood by everyone from scholars to marketers. But as the twentysomething adults begin their prime working years, they have suddenly become far more intriguing. Reason: America needs them. Today's young adults are so scarce...