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Last week in Hong Kong, a multibillion-dollar game of chicken was being played out. Currency speculators--the kind of financial gamblers whose cold-bloodedness could freeze mercury at 10 paces--made a run at the Hong Kong dollar, essentially trying to force its value vs. the U.S. dollar lower by manipulating the supply. It's the type of monetary maneuvering that doesn't mean much to most of us. Yet had the speculators won--and the game isn't over--the economic damage could have been huge, and the already wobbly U.S. stock market would have understood the true...
With so many formats to choose among, is a VHS vs. Betamax-type standards war brewing? Could be. Some electronics companies are lining up behind one or another product, although many say they will probably sell them all. Other standard setters, such as Panasonic, don't sell any in the U.S. yet. For any recording scheme to go mainstream, it will have to get even cheaper and simpler, according to Chris Muratore, an analyst at Soundata, Inc., a market-research firm based in Hartsdale, N.Y. But there's clearly an appetite for recordable-music formats. According to Muratore's research...
PERCEPTION VS. REALITY...
Parents of the '90s tend to read this 1940 story searching for dark lessons about birth parents, surrogacy and who knows what else. But small children still love it. That's because the Mayzie vs. Horton dustup affirms what they already know: real parents are people who are dedicated and unshakably there for you, day in and day out. Period. In their limited world view, the parent-child connection is not spun from DNA. Rather, it's woven with the mundane strands of everyday life, the countless gestures, large and small, that repeatedly reaffirm: I see you, I love...
Seinfeld scored best with riffs on the perils of staying up late (night guy vs. morning guy) and extreme sports ("What's the point of helmets in skydiving?"). Even the master himself occasionally flubbed, however, as with a moldy one-liner asking, What's so great about Australia's shark-infested Great Barrier Reef? Predictably--but sadly--the loudest roars came when Seinfeld agreed to impersonate characters from his show, including Costanza, Kramer and Newman. A crowd pleaser, but not exactly groundbreaking stuff...