Word: smaller
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Dates: during 1990-1999
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...river slows down as it emerges from the Three Gorges onto the plains, but the impatience for wealth and success only increases. Wuhan, China's fifth largest city, is the transfer point for cargo from oceangoing ships to smaller boats heading further upriver, and has long been a center of commerce. Here are department stores with imported brands, stock-trading houses, U.S. fast-food chains--and "Balls," a newly opened NBA theme bar run by a former car salesman from Taiwan. Not so slick as Shanghai, Wuhan still has its pretensions, enough to attract people such as "Johnny" Wang Liang...
...high theater-system screen is a major attraction at museums, science centers and vacation destinations like Las Vegas. Now the company is bringing scaled-down versions to smaller cities, betting that even a 55-ft. version will shake 'em up in such places as Tulsa, Okla., and Fresno, Calif. "The IMAX format is the best theater presentation in the world, bar none," raves Bruce Olson, president of Marcus Theatres, which has signed on to build two 3-D theaters, in Columbus, Ohio, and Addison, Illinois. Since 1997, IMAX has signed deals for 73 new theater systems from Canada...
...Going smaller is the strategy devised by IMAX's co-CEOs, Bradley Wechsler, 46, and Richard Gelfond, 42, two former investment bankers who were part of a group that acquired IMAX for $90 million in 1994. They saw in the Canadian firm a sleepy moneymaker. IMAX, founded in 1967, was "run like a candy store by its five original founders," says Wechsler. "There was really no business discipline." Since then, revenues have doubled, to $158.5 million in 1997, while profits have increased, to $20.7 million from a loss of $11.6 million in 1994. In the first quarter, revenues were...
James J. Choi, a summer school student from Atlanta, Ga., observing the construction said he was disappointed to see the common room get smaller...
...cases encompass a very large patch. Klayman operates like a smaller-scale but even more freewheeling independent counsel, using civil lawsuits to go after Clinton's circle to its most outlying ripples. (He first got noticed in 1996 after he took a deposition from John Huang, the fund raiser embroiled in the Clinton money scandals.) Over the past year, his reach has grown considerably, in part because Judicial Watch received $550,000 in 1997 from Richard Mellon Scaife's Carthage Foundation (see chart). Scaife is the Clinton-hounding Pittsburgh billionaire who subsidizes Pepperdine University in Malibu, Calif., the school where...