Word: low-end
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...Vegas? Demographics. The target audience is now 50 and ready to travel without the kids. "Imagine," says Circus Circus president Glenn Schaeffer, "somebody will turn 49 every 13 seconds for the next 15 years, and they have the highest household income and the fastest spending rate." Circus pioneered the low-end family concept during the late 1970s and made it work for more than a decade. But Schaeffer was brought in after a management shakeup to arrest declining numbers...
...Ruby Vroom, spread its funkified wings in 1994, thousands of hungry, pulsing teenagers gasped. Here, at last, was a thing of beauty. Here, at last, was something that made you go "Oh God, yeah, Oh God, I wanna, God, I wanna DANCE." Body-throbbing funk with a deep, heavy low-end, witty lyrics that read like poetry and presuppose (gasp) intelligent listeners, and the seductively quirky voice of lead singer Michael Doughty all melded together on Ruby Vroom to create nothing short of a miracle. Their second album, Irresistible Bliss, released in 1996, lost some of the momentum of Ruby...
...business deals with Beijing. China is a tough customer when it comes to buying American. There is an enticing market there of 1.2 billion people, but most U.S. trade with China runs the other way. The deficit is running at $4.3 billion because Americans buy 70% of their low-end consumer goods, like shoes, toys and textiles, from China, which has replaced richer Asian nations as the cheapest supplier (which keeps U.S. inflation down). What America mainly sells to the Chinese is high-value-added items like machinery, aircraft and transportation equipment, a few big-ticket sales that...
...smell like an old pair of running shoes? The problem may lie in your air conditioner. A new report finds that about 3% of autos--high- and low-end models--have fungi and bacteria breeding in the moisture that collects on the a.c. It won't make you seriously ill, but allergy sufferers may find their symptoms become worse...
...biggest drawback for some buyers may be the lack of a floppy-disk drive (most software comes on CDs now anyway) and the 33.6-Kbps modem is poky even for a low-end machine. But many analysts think the iMac will be a winner. "It's a spectacular machine," says independent market analyst Pieter Hartsook. "Apple has been living off its user base for years, but this is going to attract people who don't even own a computer." Eric Lewis, an analyst for International Data Corp., agrees: "It will give consumers a reason at least to take a look...