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That became clear last week on the other coast, when officials from New York City's utility Con Ed disclosed that bills in the Big Apple will probably be 30% higher than last year's, thanks to rising fuel costs and an increasingly tight energy supply in the region. Coming a week after a brief blackout knocked out 140 customers on Manhattan's tony Upper East Side--and a year after a major one crippled an entire Washington Heights neighborhood for 19 hours--the admission further sullied Con Ed's bad reputation. John Dyson, chairman of Mayor Rudy Giuliani...

Author: /time Magazine | Title: Power's Surge | 7/17/2000 | See Source »

...power companies be short of power? Under deregulation, vertically integrated utilities like SDG&E and Con Ed (as in Edison, as in Thomas Edison, the man who electrified Manhattan) were allowed to sell their power-generation businesses and become middlemen that buy electricity on the open market from new generator operators and distribute it to their customers. "We work hard to find the best deal for our customers," says Steve Bram, Con Ed's senior vice president of central operations. "But we're at the mercy of the sellers." Those sellers, on the other hand, are at the mercy...

Author: /time Magazine | Title: Power's Surge | 7/17/2000 | See Source »

...loves guys who love cars. He produces movies for them, four-on-the-floor vehicles like Days of Thunder (Tom Cruise in a stock car, making two hours of left turns) and The Rock (Nicolas Cage revving a yellow Ferrari). Beverly Hills Cop, Bad Boys, even Top Gun and Con Air (planes are just cars on a highway of clouds) and Armageddon (grease monkeys in outer space), all celebrate speed, combat and heavy machinery--three things that make every ride a macho adventure. A Bruckheimer movie without a car chase would be like a Woody Allen movie without whining...

Author: /time Magazine | Title: Cinema: Honk If You Love Jerry | 6/19/2000 | See Source »

July 28-30: The Eighth Annual Def Con Conference for hackers; in Las Vegas. Matters legal and technical will be discussed...

Author: /time Magazine | Title: Looking for Something New to Do This Summer? | 6/5/2000 | See Source »

...show business." Cecil B. was typical of the American films premiering at Cannes this year. Ribald or sedate, they were all off-Hollywood. The Coen brothers offered a surprisingly genial odyssey, O Brother, Where Art Thou?, with a turn by George Clooney that taps all his reserves of seductive con-artistry. Neil LaBute (In the Company of Men) brought Nurse Betty, a dark comedy with Renee Zellweger, Morgan Freeman and high romantic spirits to match its high body count. James Ivory was back in form with The Golden Bowl, an elegant and precise Henry James adaptation starring Nick Nolte...

Author: /time Magazine | Title: Catnip for Film Connoisseurs | 5/29/2000 | See Source »

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