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...Liberalization of the European telecommunications industry in 1998 brought an onslaught of competition in local phone markets. Although Telekom is still the dominant carrier in Germany, competition is accelerating and management has been slow to fight back. In August, Ricke issued an unexpected profit warning and then announced plans to cut costs and improve customer service. But the erosion continued. On Thursday, Telekom reported a 20% drop in net profit in the third quarter to $2.48 billion, compared with $3.12 billion the year before. After adjustments for extraordinary income, Telekom's profit was down...

Author: /time Magazine | Title: Deutsche Telekom to Oust Its CEO | 11/10/2006 | See Source »

...Allen had a 20-point lead on Webb in June, and that 14:1 fundraising advantage had leapt to 16:1. By July - before Macacagate or ham sandwiches had entered the picture - that lead had closed to around 10. By the end of August, some polls showed Webb ahead. Allen's last desperate move was to funnel some steamy sex scenes cribbed from Webb's novels to Matt Drudge; their content inflamed cultural conservatives. The rest of the state shrugged. At least it could finally be determined that George Allen read books...

Author: /time Magazine | Title: How Allen Blew It in Virginia | 11/9/2006 | See Source »

...then Allen, at a campaign rally in August, referred to a South Asian supporter of Webb's as "macaca," a term considered by many to be a racial slur. That helped lead to accusations that Allen had used racial slurs to describe blacks in the 1970's and put his campaign in a downward spiral that eventually put the race into a dead heat. It's been a bizarre campaign: Allen learned in the midst of it that his mother was Jewish, while Webb has become dogged by accusations that's he's a sexist, brought...

Author: /time Magazine | Title: The Tipping Point Races: Webb v. Allen | 11/6/2006 | See Source »

...Farrell opposed the war from the beginning, and Shays' position has become increasingly unpopular in this blue state. In August, Shays became one of the few Republicans to call for a timetable for withdrawing from Iraq, while Farrell has called for creating benchmarks that determine when troops return home. Farrell's challenge is to convince voters to dump a well-liked congressman because they disagree with him on Iraq and want Democrats to control Congress as a check on President Bush...

Author: /time Magazine | Title: The Tipping Point Races: Shays v. Farrell | 11/6/2006 | See Source »

...only junior walk-on Kristin Toretta on the bench as insurance. Freshman Christina Kessler was supposed to enter the program and challenge Martin for the starting job vacated by graduate Ali Boe ’06. But the Canadian rookie injured her knee during a local tournament in early August, tearing the MCL in her knee. Kessler is slowly resuming hockey activities, but while she continues her rehabilitation, the untested Toretta will serve as the only backup on a team with title aspirations.“It doesn’t matter who’s behind them...

Author: By Jonathan Lehman, CRIMSON STAFF WRITER | Title: HOCKEY PREVIEW 2006-07: Minding the Net | 11/5/2006 | See Source »

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