Word: jolts
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Most folks are a bit cranky on the first day of the workweek, but their Monday blues are nothing compared with those of the stock market. Last week's 512-point plunge in the Dow was just the latest jolt to Wall Street (and international markets) after the weekend--from Oct. 28, 1929, to Black Monday in 1987, to the 554-point dive last Oct. 27. Indeed, half of the 10 biggest drops in the Dow's history, both in percentage and point terms, came on Monday, which has been the worst day of the week for stocks over...
...England, "empty as the moon itself," and an island they can sustain only in memory and illusion. "I know how to live with only a modem and a slip of plastic," says his wandering narrator at the end of this deeply melancholy and beautiful book, "but with each jolt I find I yearn for a story without...
...came as a jolt to members of the Manhattan publishing community--chief among them Whitney--when the revered editor was ousted a week ago and replaced by her rival, Cosmo editor Bonnie Fuller, 41, who took over Hearst's sex-and-the-single-girl book from Helen Gurley Brown just 18 months ago. Fuller's successor at Cosmo will be Redbook editor Kate White...
Here in Tokyo, the threats and lectures are getting stale. Japan's leaders bristle at suggestions that they are still wallowing in a gigantic pool of bad bank loans and stagnant economic numbers. They point to a plethora of rescue plans and billions of dollars earmarked to jolt the economy awake. Granted, nothing seems to have worked yet. But the U.S. intervention to bolster the value of the yen last month and a stream of editorials decrying Japan's lack of resolve have spurred Tokyo to further action. Just last week, Prime Minister Ryutaro Hashimoto announced the establishment...
...marriage break up. Actually, we love to see Hollywood marriages break up. It makes us feel better to know the stars' glamorous lives are actually empty, solipsistic nightmares. So when BRUCE WILLIS and DEMI MOORE announced the end of their 10-year marriage, we couldn't help enjoying a jolt of schadenfreude. The couple, who wed after dating only three months, had spent the past few years denying rumors of their breakup; they even sued the Star for a June 1997 article that predicted a nasty divorce. As the ripples of this disunion wafted through Hollywood last week, Wall Street...