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...antisubversion laws (known as Article 23) fit the pattern--with crowds estimated at 500,000, it was the largest pro-democracy protest in China since 1989--as does a rally planned for this week at the city's Legislative Council offices. "It's not just about Article 23," notes Allen Lee, a Hong Kong delegate to China's National People's Congress. "Hong Kong people want democracy...

Author: /time Magazine | Title: Hong Kong's Uprising | 7/14/2003 | See Source »

...Other establishment types are appearing more liberal than ever before. Gordon Wu, one of the territory's biggest builders, recently supported a shuffle of Tung's Cabinet to bring in "new blood." Allen Lee, a former chairman of the pro-business Liberal Party, lost a Legco race a few years back and, surprisingly, was thus converted to the virtues of democracy. "No one can accept the fallacy anymore that Hong Kong people are apolitical and that we don't care who our leader is," he says. "The only thing to do to move on toward democracy is to keep protesting...

Author: /time Magazine | Title: Hong Kong Gridlock | 7/14/2003 | See Source »

...make stark reading. One survey by consultants A.T. Kearney revealed that 58% of mergers failed to reach the value goals set by top managers. A McKinsey & Co. report found that 40% of mergers failed to capture the cost advantages that theoretically justified the takeover. Most starkly of all, Booz Allen & Hamilton concluded that "the likelihood of failure is greater than 50%, however you measure success - shareholder value, stock price, profitability or attrition." In other words, mergers often do more harm than good. That sentiment is usually echoed by unions, who note the tendency of merged firms to lay off employees...

Author: /time Magazine | Title: Return Of The Urge To Merge | 7/13/2003 | See Source »

...other things to do with the ashes. They can be melded into concrete "reef balls" by Eternal Reefs in Decatur, Ga. Or launched on a rocket by Houston-based Celestis to orbit the earth in a capsule. Or turned into diamonds by LifeGem in Elk Grove Village, Ill. Allen Lucas, a construction-company executive from Kitty Hawk, N.C., asked LifeGem to turn his share of his mother's cremains into .33-carat stones because "my mother was as hard and brilliant as a diamond." His two teenage daughters will wear Grandma as jewelry...

Author: /time Magazine | Title: What A Way To Go | 7/7/2003 | See Source »

...grooming and fine dining by five gay guys. Its unspoken premise, provocative but true, is that gay men are the new black people: the oppressed minority whose subculture defines what is cool. "After all these years of deciding whether to beat us up or borrow our outfits," says Ted Allen, Queer Eye's food and wine expert, "[straight men] are choosing the latter." Yes, the show's queen-tet embody stereotypes--try pitching a show on which five Asians help people with math--but they are clever, funny and self-aware. As Allen puts it, "If you want to stereotype...

Author: /time Magazine | Title: Trading Faces | 7/7/2003 | See Source »

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