Word: abuzz
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...produced only two new American plays that are still running. Add two London imports and three revivals--one of which, Blood Knot, closes this week--and there you have it: the total of non- musical survivors on the Great Gray Way. Why, then, does New York City seem abuzz with theatrical vitality? In large part because Off Broadway is providing a satisfying mix of star turns, ensemble work, deft new writing and apt revivals. Operating in smaller spaces, under less daunting financial pressures, off-Broadway's mostly nonprofit companies have mounted half a dozen recent shows demonstrating artistry and elan...
...boycott took hold, Manila was abuzz with speculation that some of the seven banks singled out by Aquino had lost large deposits and that the government-controlled Bulletin Today (circ. 250,000) had suffered a plunge in readership. But there was little evidence that the tactics had done more than make investors nervous. The day after the Manila rally, the price of shares in the San Miguel Corp., a blue-chip conglomerate controlled by Marcos Ally Eduardo Cojuango, plummeted 15%. Shunning San Miguel's products, which range from beer to ice cream, may prove difficult for most Filipinos...
...rumor mill in Salt Lake City was abuzz about another, more exotic, possibility. Christensen and Gary Sheets, both Mormon bishops (local church leaders), were involved in publication of a controversial historical document that challenges the authorized version of the origins of the Church of Jesus Christ of Latter-day Saints. In 1983 Christensen paid a reported $40,000 to Mark Hofmann, 30, a shadowy, highly successful dealer in Mormon documents, for an 1830 manuscript known as the "White Salamander Letter." Written by a disciple of Mormon Founder Joseph Smith, it says Smith's finding of the Book of Mormon came...
...frequently murky realm of global oil prices, even the offhand remarks of Saudi Arabian Oil Minister Ahmed Zaki Yamani can create an avalanche of rumor and speculation. Last week the energy industry worldwide was abuzz over Yamani's latest actions. With an OPEC meeting scheduled for Oct. 3 in Vienna, the mercurial minister let it be known that he had entered negotiations that could lead to lower Saudi Arabian crude prices for some customers. The move was seen by many as evidence that prices of the hard-pressed OPEC cartel might be on the verge of cracking. Said John Lichtblau...
...York Stock Exchange, abuzz for the past few years with big consolidations in oil, steel and transportation, the reaction was swift and positive. Investors sensed that a new rush was developing toward stocks of communications companies, portending more big mergers and fast price rises. ABC stock shot up $31, to nearly $106, and issues of some other companies in the field also climbed sharply. At week's end CBS had gained 20 1/4, to 108 3/ 4, and RCA, parent of NBC, had risen 4 7/8, to 42 7/8. Newspaper publishers Gannett and Knight-Ridder were...