Word: recording
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Dates: during 1980-1989
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Gift has made his biggest noise on the record charts with the Cannibals. Their latest album, The Raw & the Cooked, has sold 3 million copies worldwide since January. The first single, She Drives Me Crazy, hit No. 1 on the U.S. charts, and a second, Good Thing, is just breaking. The band also features a couple of dexterous guitarists, Andy Cox and David Steele, formerly of the English Beat. But it's Gift everyone is noticing at the moment. He's got a supple way with a tune, and a promising presence onscreen...
...digging of construction crews. The costs are borne by the developers, who have been quick to see the public relations advantage. Last year they provided $9 million for explorations at 162 sites in the London area. But the effort amounts mostly to a delay in construction. After archaeologists record their findings and salvage some artifacts, most sites are leveled. More than 80% of the city's archaeological heritage, including medieval marketplaces and remains of the Roman city known as Londinium, have already been lost to modern office buildings and underground garages...
There it went again: up, up and away. As fidgety governments struggled with little success to halt the trend, the U.S. dollar took off last week on the sharpest rally since it surged to record heights against major currencies in 1985. The frenzied rise -- which brought the greenback's gain against the West German mark and the Japanese yen to 12.5% so far this year -- raised disturbing doubts about the ability of the U.S. and its major trading partners to keep exchange rates under control. "This is a runaway freight train," said Jay Goldinger, a Los Angeles-based trader. "Anyone...
...after Washington reported that, with exports up 7.4%, the U.S. trade deficit narrowed to $8.86 billion in March, down from $9.82 billion the previous month. A day later investors shrugged off the news that the Consumer Price Index rose a sharp 0.7% in April because the gain reflected a record 11.4% surge in gasoline prices that is not expected to recur...
...health or of creative bankruptcy? Cunningly, the theatrical-film industry has held its ground against the marauding armies of the video revolution. In fact, one format has fed the other, as audiences first view pictures on the big screen, then supplement their cinema appetite at home. Last year saw record grosses both for theatrical films and for videocassettes. But movie budgets have increased as well, and even a gambling man turns cautious with $40 million on the table. Hence the moguls have relied on brand names and roman numerals...