Word: iceberg
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Dates: during 1990-1999
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Titanic has averted disaster at the box office, but at least one of Hollywood's big holiday pictures has rammed a major iceberg: KEVIN COSTNER'S apocalyptic drama The Postman. The $80 million epic, which spent only one week among the 10 top-grossing films, will struggle to earn $20 million at the domestic box office. Though it could do better internationally, the film seems likely to rank as one of this market's costliest flops ever. It caps a miserable year for its studio, Warner Bros., which, according to Variety, dropped from second to fourth in market share...
SEOUL: Just as it shows signs of stabilizing its leaky financial ship, the South Korean government may be headed for an iceberg. For the past few weeks, South Korea has been propping up its sagging currency by furiously exporting gold donated by Koreans in ring-and-trinket form. But the flood of gold from Korea has actually driven down prices worldwide...
...merits of that no-b.s. culture became clear as the world around Intel began to crack. Starting in 1976, the firm sailed into one iceberg after another: weak demand for memory chips, factory problems, ruthless Japanese "dumping." In 1981, when Intel steamed into yet another exhausting chip slowdown, Grove decided that instead of laying off employees he'd order Intel's staff to work 25% harder--two hours a day, every day, for free. The "125% solution" turned Santa Clara into a sweatshop (a few particularly dyspeptic engineers took to wearing sweatbands to highlight the point), but Grove...
...biggest iceberg came in 1994, when Intel released millions of flawed Pentium chips. The problem was small, an internal routing glitch that caused a mathematical error. Intel took solace from the fact that this occurred so infrequently that most users could leave their PCs on for years without running into a problem. Intel's hyper-rational, Grove-trained engineers told concerned callers not to worry unless they were planning to sweat some advanced astrophysics problems that weekend. The callers hung up and dialed CNN. And the New York Times. And the Wall Street Journal. Grove, who was on a Christmas...
Fine, Jim--build the damned ship, sink the damned ship. But in the 90 or so minutes before the iceberg slices open the starboard side, some compelling romantic fiction is in order. Here the film fails utterly. It imagines an affair between free-spirited artist Jack Dawson (Leonardo DiCaprio) in steerage and Philadelphia blueblood Rose Bukater (Kate Winslet), unhappily engaged to wealthy Cal Hockley (Billy Zane). DiCaprio has a smooth, winsome beauty, and Winslet, who at first seems bulky beside him, comes to look ravishingly ravaged by the climax. Everyone else is a caricature of class, designed only to illustrate...