Word: breakups
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...peace-loving countries would band together, the theory went, with the five permanent members of the Security Council in the lead. They would punish any nation that dared launch an aggressive war. That scenario was played out in Korea, but never thereafter until the Gulf War, which followed the breakup of the U.S.S.R...
...still the ideal, unflappable pub mate. Even the grating last years, when Paul would rag George about his guitar playing, or sneak in to redub Ringo's drum parts, are events to look back on in sorrow, not anger. From the grave, Lennon has to give perspective to the breakup: "It was a slow death...
...Fighters turn out short, single-minded songs whose melodies, like newly announced presidential candidates, strive for instant likability. That's not necessarily a bad thing: blasting Weezer on your Walkman after a hard 9-to-5 or the Cranberries on your home stereo after a romantic breakup may be just what you need...
Actually, the breakup is not all that revolutionary. While mergers have got the headlines lately, the downsizing trend has been at least as important (and AT&T has been a leader; it has eliminated 140,000 jobs since 1984). Nor are split-ups and spin-offs a minor part of that move: one study counts nearly 100 sizable new companies formed by such breakups since 1992. Many, however, were deconglomerations of unrelated businesses, such as ITT's recent three-way division, rather than split-ups of tightly knit operations like...
...similar move to the NCR acquisition, AT&T paid $11.5 billion for McCaw in 1993 and still hopes that the purchase will pay the corporation's way into the cellular-phone market. And with around $50 billion in revenues, AT&T will still be a titan after the breakup, and so will the two companies to be born from...