Word: shutdowns
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...publishing industry struggled to preserve its fall season in a battered, partially shutdown city, reports PW. The impact of the terrorist attack was profound, from the Borders superstore near the twin towers that was completely destroyed, to the many closed publishing houses, to the canceled promotional events. September 11 was the laydown date for Warner?s $7 million Jack Welch book, but all of the scheduled hoopla, including an appearance on the Jay Leno show, was immediately put on hold. (Despite the lack of publicity, the much-awaited book soared to No. 1 on the 9/30 NYT list...
...PUBLISHER: Mr. President, we're honored you brought the proposal to us. But, er, frankly, we think the asking price of $12 million is a little steep, considering... CLINTON (bristling): Considering what? This is history in the raw - Bosnia, welfare reform, Gingrich, government shutdown, Osama Bin Laden, Kosovo: years of lightning, days of drums. I'm the only one who can tell the story...
...served in the Office of Management and Budget during former President Clinton's first term in the White House, leading the office through the 1995 congressional deadlock and government shutdown. In 1996, she was named vice chair of the Federal Reserve Board, working with Alan Greenspan on managing an economy that permitted a maximum of growth without inflation. Currently, she holds a Senior Fellowship in the Brookings Institute, a Washington-based think tank where future Harvard president Lawrence H. Summers has been spending his past few months. Today, she will be receiving a Doctorate of Laws...
...heard the rumblings. Hollywood is on the brink of a massive shutdown by writers' and actors' strikes. The ripple effect would cost Los Angeles nearly $2 billion a month in lost revenue. Even more alarming to the rest of the world, it could totally screw up next fall's TV season, and lots of less-than-perfect film scripts (yes, even less perfect than usual) have been rushed into production. This week the Writers Guild of America is due back at the bargaining table with producers, but there's a problem: studios used to be mom-and-pop shops...
...trade quarrels. Just two weeks ago, despite their intimate NAFTA partnership, Canada and the U.S. moved to the verge of a multibillion-dollar trade war over softwood lumber; it came not long after a bruising spat between Canada and Brazil that involved subsidies to airline sales and, briefly, a shutdown in the beef trade. Brazil was in a row with the U.S. over the pricing of generic aids drugs that added another thorn to a perennially prickly relationship...