Word: pioneers
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...chains, though, claim they are feeling no pain. "We don't just redivide the pie, we enlarge it," argues Phil Zacheretti, a senior vice president at industry leader Regal Cinemas, a privately held behemoth with 4,000 screens. Yet even AMC, the aggressive, $900 million-a-year pioneer of megaplexes, based in Kansas City, Mo., is scaling down some of its 30-screen locations. "When does the big wave of capital expenditure end and we get to see some return on the investment?" asks Stewart Halpern, a senior analyst at ING Barings, who remains cautiously bullish. "That point seems...
Sonia, however, is no pioneer of spousal succession. Corazon Aquino and Violeta Chamorro, both widows of assassinated opposition leaders, became Presidents, respectively, of the Philippines and Nicaragua. They did not, however, get there by default. They ascended by courageously making themselves the rallying point of a revolution. The one who did ascend for no other discernible reason than having shared the great one's bed is one Mrs. Peron of Argentina. Not Evita, who became a saint after her death but never actually ruled--no, the sorriest modern case of rule by consort is Peron's third wife, Isabel...
...companies have already closed their vaults. General Motors, Monsanto, AlliedSignal and Ameritech swore off soft money in 1997 and have largely stuck to their decision. Wall Street buyout pioneer Jerome Kohlberg has formed an advocacy group that backs candidates who favor campaign-finance reform, and has assembled a cadre of retired corporate chieftains, plus mega-investor Warren Buffett, in support of the effort. "This is the first time a significant number of people in the business community have said enough is enough," says Charles Kolb, president of the Committee for Economic Development...
DIED. NATHANIEL KLEITMAN, 104, pioneer sleep expert at the University of Chicago and discoverer, with associates, of REM sleep in 1953; in Los Angeles. Kleitman's studies--on dream-sleep deprivation, the effect of sunlight on slumber--established sleep research as a separate, significant medical field...
...deeply imagined vision of a world as strangely alternate as Lewis Carroll's in Through the Looking Glass. If you dig into the swelling body of criticism about Barney, knowing references repeat themselves, from Joseph Beuys, the late German master of performance art and social spectacles, to video pioneer Vito Acconci to the powerful minimalist sculptor Richard Serra--each of whom dramatically reshaped the artistic landscape. Barney follows, doing what all visionary artists do: he creates a parallel universe that reflects something wholly novel about our own, though through a far narrower lens. His obsession, in his own words...