Word: boom
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...even the recession, which has cut deeply into many other parts of the restaurant business, has been able to cool the Mexican boom. The slump may, in fact, have helped fuel the explosive growth. Reason: many working mothers and two-income families, who are frequent restaurantgoers, have found that Mexican food can be salvation for the budget. The average dinner-and-drink tab is less than $10 at leading Mexican dining spots. Notes Alan Creditor, a top food analyst with the Wall Street firm of Drexel Burnham Lambert: "Mexican restaurants have two things that are very attractive to Americans-taste...
Huge hits, big flops; elation and depression; glut and famine. Hollywood looks more than ever like a boom-or-bust town. But there is more than meets the eye, cautions one industry expert: "The studio bosses aren't worried that an entire season can now go by without their releasing a single big picture. They're more concerned with fighting a bigger war, for a potentially bigger market: television." In the past two weeks, all six major studios were moving in on pay cable: Columbia, MGM/UA and 20th Century-Fox are reportedly dealing to buy into Showtime...
...count, 439 men have been fatally injured in boxing matches since 1918. South Korean Lightweight Kim Duk Koo is the latest. His body was unhitched from a hospital machine last week and allowed to join his brain in death four days after a left-right combination by Ray ("Boom Boom") Mancini flattened him 19 sec. into the 14th round outside a casino in Las Vegas. In the background of a wirephoto showing Kim lying still, a striking number of the Caesars Palace spectators are balling their own fists. More than 50 years ago, Writer Irvin S. Cobb described the fight...
...even the politicians on the commission were unwilling to gamble that an economic boom would save them from difficult decisions. New York Senator Daniel Patrick Moynihan, a Democrat who last year leveled a charge of "political terrorism" against those who said that Social Security was on the brink of bankruptcy, groused that the $150 billion to $200 billion figure was too high, but he went along with it "in the interest of harmony...
District Judge Paul Goldman declared the 23-year-old legally dead at 9 p.m. Kim has been unconscious since fighter Ray "Boom Boom" Mancini knocked him out in the 14th round of Saturday night's lightweight title bout...