December 16, 2007 |
The deaths in rapid succession of Mstislav Rostropovich, Beverly Sills and Luciano Pavarotti were the terrible 1-2-3 punch of 2007. The passing of the great German composer Karlheinz Stockhausen this month was a further blow. The CD, given what may turn out to have been a mortal wound with the demise of Tower Records at the end of 2006, hung on but is clearly in its last days. Still, classical music grew stronger, not weaker. Remarkable new talent appeared, and so did new works.
January 14, 2007 |
SUCCESS may come in threes ... but there also can be too much of a good thing. So which will it be in the summer stampede of 2007, when three highly anticipated sequels -- each one the third in its respective franchise -- debut in the span of just three May weeks? The head-to-head-to-head clash of "Pirates of the Caribbean: At World's End," "Shrek the Third" and "Spider-Man 3" is unprecedented in box office history and could reshape admissions records for the summer.
January 19, 2008 |
Venture capital investments in U.S. start-ups climbed to a six-year high of $29.4 billion in 2007, raising hope that ample money will be available to back promising new ideas even if the staggering economy falls into a recession. The amount of venture capital spread across 3,813 deals represents the industry's busiest year since $40.6 billion went into nearly 4,500 U.S.
October 28, 2007 |
We all know the music industry is a mess. The album format may be going the way of the woolly mammoth, possibly taking the major labels with it. Concert tickets cost too much, and with the Web encouraging a million little niche markets, no one soundtrack is inspiring a generation. We've come so far, only to arrive at "High School Musical." Yet as anarchy descends, something remarkable keeps happening -- artists from across the playing field are hitting peaks and causing major excitement.
December 27, 2007 |
Bursts of spending marked both ends of the holiday shopping season, but retailers will probably still be disappointed when the fourth quarter is over. Sales at stores open a year or more rose 2.8% last week, the International Council of Shopping Centers said Wednesday, and Michael Niemira, the group's chief economist, predicted the total for November and December combined would be "a tad below" 2.5%, which is what Niemira had forecast would be the gain over last year.
December 16, 2007 |
It's time for the top 10 scams of 2007. From cruel foreclosure frauds to Nigerian puppies -- in other words, from the tragic to near comical -- this was a banner year for consumer scams. Much like many other years. The Internet continued to provide a worldwide platform for fraudsters. New scams popped up and some old-fashioned schemes came back. So, without further ado, here's a countdown of infamous notables for the year. Hold your applause, and your wallet. 10.
January 17, 2008 |
The ports of Los Angeles and Long Beach remained the nation's busiest seaport complex for cargo containers in 2007, even though they saw a decline in traffic for the first time in at least 20 years. But in a shift, exports grew as the dollar's declining value helped U.S. companies ride into new markets and to record-breaking sales. One of those benefiting was Los Angeles Grain Terminal in Long Beach, a 49-year-old company that packs cargo containers with grain from the Midwest for sale in Asia.
December 28, 2007 |
WASHINGTON -- Was 2007 dull? America's magazine editors seemed to think so. They kept finding excuses to publish stories about other years. U.S. News & World Report ran a cover story on 1957. Rolling Stone published an entire issue devoted to 1967. Newsweek ran a cover story on 1968. And Spin ran a package of stories about 1977. Why? Well, 1957 was 50 years ago. And 1967 was the year Rolling Stone was founded. And 1968 was, Newsweek declared, "the year that made us who we are."
February 19, 2007 |
Although it was the young, up-and-coming designers who made the most noise here this season, plenty of old stalwarts took to the runways, too, including one carpetbagger, Marc Jacobs. He closed out the week Friday night showing his lower-priced Marc by Marc Jacobs line to a star-studded crowd and marking the opening of his first store here, in Mayfair. It's a growing trend: designers decamping to other cities for promotional purposes.