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When George Bush proclaimed himself the environmentalist candidate in an outdoor campaign speech on Aug. 31, 1988, he had to mop his brow several times as he spoke. Last year was the hottest ever recorded, spurring a debate among scientists as to whether the mercury was registering proof of the "greenhouse effect." Carbon dioxide and other chemicals are spewed into the atmosphere by the burning of fossil fuels like coal and gasoline; the gases trap radiation that has come from the sun and that would otherwise escape into space. The result is global warming: over time, sea levels will rise...
...your children are already asking for a hand-held video device called Game Boy for Christmas, better act fast. Nintendo, the Japanese manufacturer of this year's hottest toy, expects to produce 1 million Game Boys for sale in the U.S. this season -- but that will meet only half the estimated demand. A portable video-game system that is controlled by a microprocessor chip, Game Boy uses interchangeable cartridges, and it offers stereo sound...
...always wants to improve its odds. That's why studios are so willing to pay breathtaking sums to surefire stars. Now Hollywood's obsession with the talented few is fueling a billion-dollar personnel tug-of-war that pits Warner Bros. against Sony for the services of the two hottest movie producers to come along since Samuel Goldwyn met Louis B. Mayer...
...fanfare had barely quieted down after Sony's buyout of Columbia Pictures when the Japanese were at it again. Last week Japan's largest communications ( concern, Fujisankei, paid $150 million to buy a 25% stake in Britain's hottest record company, Virgin Music Group. Fujisankei's holding is the biggest Japanese share in any British company. The deal will give Fujisankei, which owns the daily newspaper Sankei Shimbun and a music and video company called Pony Canyon, entree to the West. Says joint chairman Hiroaki Shikanai: "We want to dispatch our thoughts and our culture to the world...
...ways, Sony appeared decisive and savvy last week. Columbia CEO Victor Kaufman and chief operating officer Lewis Korman announced that they would be leaving once the deal was set. At the same time, Sony said it agreed to pay $200 million to buy Guber-Peters Productions. One of the hottest producer teams in Hollywood, Peter Guber, 47, a former Columbia production executive, and Jon Peters, 42, who got his start as a hairdresser to the stars, produced Rain Man for United Artists and Batman for Warner Bros...