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Citing suffocating competition in the "eater-tainment" business and its own overaggressive expansion, Planet Hollywood is closing nine U.S. locations ahead of a planned filing for Chapter 11 bankruptcy. Gone are its glittering towers of sterno in Chicago, Houston, Miami, Phoenix, Fort Lauderdale, Indianapolis, Maui, Gurnee, Ill., and Costa Mesa, Calif.; the chain will also upgrade several of its 70-plus remaining restaurants worldwide and revamp its menus, according to CEO Robert Earl. (No more Ramburgers?) The chain is digging deep for the extra cash ? its two largest shareholders and a trust for Earl's own children have agreed...

Author: /time Magazine | Title: Cut! There's Trouble on Planet Hollywood | 10/12/1999 | See Source »

...investment needs are different, and the way employees are paid and promoted is different. Also, most of its business is in California, while Rockwell's other plants and customers are mainly in the Midwest. After the split-up last December, Rockwell began moving its corporate headquarters from Costa Mesa, Calif., to Milwaukee, Wis. It has also moved back into the black. For fiscal 1999, Davis predicts a profit of $570 million on revenues of $7 billion...

Author: /time Magazine | Title: Strategies For Survival | 6/28/1999 | See Source »

...these schools have been largely successful. In Los Angeles, it typically takes local school districts a year to buy computers for its classrooms. But in San Fernando Valley's Vaughn Next Century Charter School, it took only six days-and the school paid less. In Mesa, Ariz., 2,000 students attend 50 charter schools, with phenomenal results. In Detroit, charter schools have been implemented to improve the poor results of inner city schools. According to Superintendent David Snead, "The charter idea is helping encourage other schools in our district to examine what they are doing." Polices such as these have...

Author: By Vasant M. Kamath, | Title: Giving Kids the Options They Need | 4/27/1999 | See Source »

...fled again, this time to Arizona. Short on cash, he applied for a job at the Fountain Cafe in Mesa, using his real name and Social Security number. Working his charm, he befriended the owners, Mike and Gale Moran, who later told reporters they thought Tom was just wonderful. He always took out the trash, liked to wear the red apron, that sort of thing. They let him drive their car, and he was friends with their daughter. "We had no idea," they would later say, over and over...

Author: /time Magazine | Title: Most Likely To Succeed | 4/26/1999 | See Source »

...companies marketing clothes and accessories dedicated to the "board-sports" life-style are operating in Velcro Valley. They range from Oakley, the $200 million sunglasses-and-footwear firm housed in a futuristic, $47 million hilltop bunker, to smaller fry like Black Flys, Split and Volcom, crowded into Costa Mesa and Huntington Beach industrial parks...

Author: /time Magazine | Title: Killer Profits In Velcro Valley | 1/25/1999 | See Source »

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