Word: upstarts
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...long had a history of such "benign tolerance." Administrators, many of whom have close ties to the airline industry, have taken great pleasure in touting the billions of dollars consumers save by flying upstart airlines like ValuJet. At the same time, the agency has been reluctant to force companies to use new technology, insisting on proof that the benefits outweigh the costs to the airlines. In the late '80s, for instance, the agency dragged its feet on requiring the installation of the ground-proximity warning system in commuter airlines, even though this simple device could have prevented a number...
Currently the upstart brokerages account for less than 1% of all the 640 million shares traded daily, but they also account for nearly 100% of the anxiety that the big Wall Street firms are feeling as technology reduces the complex world of securities to its barest minimum--carrying out a transaction. Wall Street's role then becomes something on the order of checkout clerk. This comes at a time when more and more investors are buying stocks. At one point less than 5% of Americans owned stocks; now more than...
However, the two newer, smaller networks, the upstart United Paramount Network and the Warner Bros. channel, are embracing minority-themed programming as a way of differentiating themselves from the bigger, established players in the TV game. In a classic case of counterprogramming, the two mininetworks will between them air 11 ethnic-themed shows in the fall--nearly twice the big-network total. Some of them star familiar names like Sherman Hemsley, Malcolm-Jamal Warner and Robin Givens. One, UPN's Homeboys in Outer Space, is a must-see for the high-concept title alone. Some are refugees from...
...analysts removed the large and well-established Southwest--had an accident rate that was far higher than that of the major carriers. (Accidents include such lesser incidents as momentary loss of engine power, as well as those in which a passenger is injured or killed.) And of the upstart group, ValuJet's rate--3.06 accidents per 100,000 departures, compared with 0.43 for the 14 other low-cost carriers studied--was the second worst (Tower Air was the worst). When asked about this report, Jordan said, "We've had incidents and a tragic accident, and now we are looking forward...
...last few months, however, Netscape has found itself in open combat with Microsoft, the Goliath of the software industry. Microsoft has released its own browser, Internet Explorer (IE), to go head-to-head with the upstart Netscape...