Word: hottest
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...instant sex. And a United Airlines spot boasts, "Most of our passengers get there alive!" In the new Paramount film, Crazy People, the advertising copywriter who pens these lines is committed to an insane asylum. Since this is Hollywood, though, the writer, played by Dudley Moore, soon becomes the hottest property on Madison Avenue and falls in love with Daryl Hannah...
Surfers and snowboarders have been blinded lately by a dazzling brilliance. It's not glare from the snow or water, but the neon-colored outfits of their companions. From the California coast to the Alps, the hottest look under the sun is the "acid bright" sportswear produced by the O'Neill company of Santa Cruz, Calif. The parkas, swim trunks, rucksacks and other splashy items are hard to miss, since O'Neill emblazons them with the company name in huge letters. O'Neill's sales reached an estimated $100 million last year, up more than 30% from...
...fast-consolidating worldwide music business, the hottest property around was Geffen Records, the last of the big independent labels. Everyone wanted to buy the stable of stars built by hitmaker David Geffen, 47. Last week, in a sweetheart deal that was the talk of Hollywood, Geffen sold his company to MCA in a stock transaction worth an estimated $550 million, but got to stay on as chairman of the label, which records Cher, Don Henley and Guns N' Roses. The agreement makes Geffen MCA's biggest stockholder, with 11% of the entertainment conglomerate...
...companies collapse beneath the debt they assumed in the Roaring Eighties, a new breed of vultures has begun to swoop down on the corporate carcasses. The predators include sharp-eyed lawyers, investment bankers and bargain hunters who have parlayed the business of profiting from failure into Wall Street's hottest growth industry. Ironically, many of the same financiers who loaded companies down with debt are now cashing in on the overleveraged firms' troubles. Not since merger madness first hit corporate America in the mid-'80s has so lucrative a financial field opened up so swiftly. Says Robert Miller, a Manhattan...
...Gregory Lee Johnson, a member of an RCP-affiliated organization, who sparked one of last year's hottest constitutional debates by burning an American flag in 1984 outside the Republican National Convention in Dallas. He was arrested under a Texas statute, which was struck down in June by the U.S. Supreme Court in a highly controversial decision...