Word: runaways
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Shortly after the Marine messengers appeared on Tom and Joyce Jenkins' front porch with the horrible news about their only son, the word blazed across these drought-stricken mountains like a runaway forest fire. The close-knit community of this historic gold-mining town, one of simple values and sturdy folk, circled its wagons around the family, including Thom's sister Jamie, 19, in a show of patriotism and support. But the Jenkins' selfless stoicism is even more telling. "Our boy came home, and we know exactly where he's at," says Joyce, 39, who drives a school...
Sales of movie tickets in the U.S. fell 7% last year, to an estimated 1 billion. Rising ticket prices helped keep revenues at $5 billion, the same as the previous year's, but some experts calculate that the profitability of Hollywood's studios plunged by $150 million. Moreover, runaway costs have begun to turn even some box-office hits into money losers. "I've been watching the industry destroy its profitability for more than a year," says Harold Vogel, who follows the industry for Merrill Lynch. "The cost cutting, if it really happens, is a welcome move in the direction...
Plagued by hyperinflation, Argentina and Brazil, South America's two largest economies, last week entered different forms of shock treatment to slow runaway wage and price increases. Brazil announced a hold on wage increases until July and an indefinite freeze on prices. Economy Minister Zelia Cardoso de Mello also disclosed plans to dismantle much of the country's elaborate system of indexation, which has been used since the 1960s to offset the effects of inflation. Among the system's inflation-fueling features scheduled to be phased out: so-called overnight bank accounts that pay interest to depositors...
...GREAT AMERICAN REVISION The literary world has been waiting for New York writer Harold Brodkey's The Runaway Soul since a 2,000-page manuscript was delivered in 1976. Brodkey, who began writing the book nearly 30 years ago, has been revising and arguing with publishers ever since. His "exploration of American consciousness" is now due in late...
...about 50 people each night. Since the program started in 1988, workers have made 7,000 face-to-face contacts with more than 1,000 teenagers. They have distributed 100,000 condoms along with thousands of dignity packs. "Planned Parenthood realized there was a population out there of homeless, runaway, throwaway youths who are totally forgotten," says Liz Russo, 28, Street Beat program director. "A lot of them haven't chosen to be there, and they are entitled to a whole range of services that they are not aware of. It's important that they get these services...