Word: turnarounds
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...Open tennis match was running over. The result was an unprecedented six minutes of empty air time. The black screen was a humiliating symbol for TV's most troubled news division. But it turns out to have marked a nadir followed by a swift and surprising turnaround...
MOST MIRACULOUS TURNAROUND Disney, long in the box-office cellar, which has turned out a string of hits, including Outrageous Fortune, Stakeout and Three Men and a Baby, since Honchos Michael Eisner, Jeffrey Katzenberg and Richard Frank took over just three years...
...NEATEST TURNAROUND Can a new management take over a revered but fading institution, refurbish it and attract a young and trendy clientele without alienating its valuable old regulars? In the case of Manhattan's fabled '21' Club, the answer promises to be yes. Biggest controversy is the house hamburger, now with herb butter at the center. Newcomers love it, but old- timers say, "Hold everything...
Experts have been surprised for months now that the long fall of the dollar, which has declined by 40% against the major currencies since early 1985, has not produced a turnaround in the trade balance. According to economic theory, a cheaper dollar makes U.S. products less expensive to foreigners and thus eventually boosts demand for American exports. Conversely, a weak dollar makes foreign goods more costly in the U.S. and dampens Americans' enthusiasm for imports. That, in fact, is what has happened: this year exports have increased, and the growth of imports has slowed sharply. The problem is that with...
...company's hopes for a turnaround rest on its latest round of talking toys, including the Mickey Mouse doll and Mother Goose (each $60), as well as dancing Disney figures called Little Boppers ($20). WOW is especially proud of Julie (up to $125), which it claims is the "most sophisticated toy ever to be introduced in America . . . and still a little girl's best friend." A voice- recognition system allows Julie to "understand" questions. If a child asks, "Are you hungry?" the doll is programmed to respond with a bright "I'm hungry. Let's eat!" The doll can also...