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Investors also like the industry's new Establishment cred. The old model of buying an overstaffed, underleveraged company, stripping it of cash and slashing jobs and expenses simply doesn't work as well now that corporate America has learned to downsize itself. Competition from abroad keeps companies on their toes just as well as the threat of a hostile takeover ever did. "The heart and soul has become real business building," says Marc Lipschultz, a partner at Kohlberg Kravis Roberts...

Author: /time Magazine | Title: The Big Deals Wheel Again | 7/30/2006 | See Source »

...California. Rice's staff recognizes that the speculation about her political future may be useful, and has overhauled the optics of the job to give her coverage greater pizazz. In Washington she appears with world leaders in front of a fireplace that could be in the Oval Office. Abroad, she is photographed stepping from a plane with an almost presidential wave, a shot that Colin Powell's staff rarely facilitated. "The time for diplomacy is now," she said at her confirmation hearing. It was a message not only to the world but also to parts of the Administration that...

Author: /time Magazine | Title: It's the Condi Rice Show | 7/30/2006 | See Source »

...director and writer, Allen gets plenty of comedic mileage out of the strangers-in-a-strange-land shtick. However, a strong trepidation lies beneath the laughs. Excluding “Match Point,” “Scoop” is the only movie Allen has shot abroad in his thirty years of directing. Away from his New York stomping ground, he’s the new kid on the block, and he seems nervous about ending up as the crass “Ugly American” among an old-world city’s cinematic elite...

Author: By Kyle L. K. Mcauley, CRIMSON STAFF WRITER | Title: Woody Allen, Ugly American | 7/28/2006 | See Source »

...report on Guantánamo Bay prompted readers to voice their concerns about the dubious nature of prison-based intelligence and the damage the prison does to the U.S.'s image abroad The reports about the treatment of suspected terrorists at Guantánamo Bay are deeply disturbing [July 10]. The practice of restraining a person in a padded chair in order to force-feed him via a nasogastric tube is revolting. As a doctor, I am shocked that our government would abuse someone in such a way; as a Muslim, I am frightened that presumed religious fundamentalists have been...

Author: /time Magazine | Title: Gitmo. How to Fix It | 7/25/2006 | See Source »

...decided to go in to town...in hopes we would find an Internet cafe to see if the embassy had sent anything, and to let our friends know that we were okay. While at the Internet cafe, I got a call from the [Harvard] Study Abroad office. [The woman on the phone] told us that to get out of the country we had to get to a hotel in the northern suburbs of Beirut in an hour...

Author: By Jade F. Jurdi | Title: LETTER FROM LEBANON | 7/21/2006 | See Source »

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