Word: electricizers
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Don't look now, but after shocking the airline and telecommunications industries, competition is about to jolt your sleepy electric company. Just ask Malcolm Buck, a software-support rep whose apartment in suburban Atlanta is wired for phone service, cable TV, high-speed Internet access, and security- and energy-management...
Amazing and confusing sum up the reaction so far to the rewiring now under way of America's longest-running monopoly--the $200 billion electricity business, an industry larger than either automobiles or telecommunications. The basics are simple: under deregulation plans taking shape in many states, local utilities must open...
That won't be easy. In the monopoly days, a utility simply passed its costs along to consumers. Now some utilities are saddled with high-cost plants, particularly nuclear facilities, just as lower-cost competitors are moving in. So high-cost outfits like Boston Edison and the New England Electric...
An eerie echo of Jack Kerouac's rambunctious 1957 novel, On the Road, begins to sound about halfway through The Beach (Riverhead; 371 pages; $23.95), by British writer Alex Garland, 27. The reason it takes half of Garland's moody tale for Kerouac's ghost to tap the reader on...
As a small child, Betty Zhang watched zealous Red Guards beat her mother. At 16 she put up posters on Beijing's Democracy Wall and organized demonstrations in her home village. At 22 she was locked up in a Chinese gulag, judged without trial to be a counter-revolutionary subversive...