Word: bustingly
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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...
...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...
Although the heat may have disrupted today'sactivities, the city of Houston is making nosecret of the fact that it is hot. Houstonofficials are looking to the summit to revive acity devastated by the oil bust of the early1980s, and have promoted a new slogan--"Houston'sHot"--to prove...
...Vegas the recent burst of construction has aroused fears that overbuilding could turn the city's boom to bust. Gaming experts point out that such mega-resorts as the Mirage and Excalibur have attracted gamblers away from the older casinos, where wagering has slowed. But many Wall Street analysts believe Las Vegas will easily absorb the new hotels. Says Paine Webber's Lee Isgur: "Basically, Las Vegas is the entertainment capital of the world. As they put in more resorts, more people will use Las Vegas as a vacation spot." That could prove particularly true now that gamblers from Japan...