Word: chaine
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...more popular rival, N2K's Music Boulevard. MTV will also contribute news to the sites and promote them over the airwaves. With the $24 million-a-year online-music market expected to grow to $1 billion by 2000, MTV's abandonment is more bad news for the retail chain. Blockbuster has enough problems in the real world, having shut down 50 music stores, a move that contributed to Viacom's $227 million fourth-quarter net loss. MTV insists there isn't any broader culture clash. Says a representative: "We're working on a dozen other projects with Blockbuster. This time...
...that's hardly news. Big Tobacco has been snuffing out liability claims in the courts for decades. What's new is a persistent buzz that some kind of deal is in the works to end tobacco litigation. Such a deal would unshackle tobacco companies from the ball-and-chain view that they might one day be wiped out by a hostile judge or jury. It would free investors to value the prodigious earning power of Philip Morris and RJR like any other company, and send their stocks blazing higher...
Silverman, who founded HFS as Hospitality Franchise Systems in 1990 and took it public in 1992, has his company in the thick of some of the hottest plays on Wall Street. If Hilton Hotels Corp. succeeds in its hostile $6.5 billion takeover bid for ITT Corp. and its chain of 424 Sheraton properties, as many analysts think likely, HFS will add the luxe Sheraton brand to its already bulging portfolio. That's because Hilton ceo Stephen Bollenbach wants to license HFS to franchise the Sheraton trademark worldwide. Says Bollenbach of Silverman: "He can do more for the Sheraton brand than...
...display at Harvard's Carpenter Center until March 2, Meireles created an environment with a floor covered by 600,000 pennies beneath a ceiling of 2,000 bones. In the center of the room, a column of Catholic hosts connects the bones and pennies, setting off a chain of associations including colonial exploitation, charity, death and even cannibalism. In his "Insertion" series, Meireles stamped slogans and questions like "Yankee go home" or "What is the place of the work of art?" on currency and Coke bottles which were than reinserted into circulation. Since they depend so heavily on their actual...
...unique stores can find their way to national-chain stardom by starting in the Square, say some, pointing to Pier One Imports, Learningsmith, Au Bon Pain, Cybersmith and Newbury Comics as stores--now chains--that got their start in the Square...