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...Murren waited five years to welcome the world to CityCenter, the 18 million-sq.-ft., $8.5 billion resort complex that opened this week in the heart of the Las Vegas Strip. When he took over as CEO of MGM Mirage a year ago, he was a youthful 47. "I'm now an old 48," he says, and he's got the gray hairs to prove it. That's because CityCenter came within a whisker of not opening at all, even as it was billed the most expensive private construction project in American history and thought of among locals...

Author: /time Magazine | Title: How Las Vegas' Opulent CityCenter Survived Dubai | 12/19/2009 | See Source »

...With technologies increasingly mashing up, Microsoft is also apparently starting to accept the fact that its fortunes are improved when rivals build software and services that fit with its own. "This is a victory for the future of the Web," says Jon von Tetzchner, CEO of Opera, the tiny Norwegian browser company that brought the case against Microsoft to the European Commission. "It is a celebration of open Web standards, as these shared guidelines are the necessary ingredients for innovation...

Author: /time Magazine | Title: In E.U. Deal, Microsoft Allows Rival Browsers | 12/17/2009 | See Source »

...board of trustees at the Metropolitan Museum of Art. Upon graduating from Harvard Business School in 1962, Houghton spent much of his professional career at Corning Incorporated—a maker of specialty glass and ceramics—where he eventually rose to the top posts of chairman and CEO in 1983, and again...

Author: By Esther I. Yi, CRIMSON STAFF WRITER | Title: Senior Fellow Leaves Board | 12/16/2009 | See Source »

...Heuer's customers refuse to buy a pricey Swiss watch because Tiger is a pitchman? Probably not. But the company's initial skittishness doesn't bode well for Woods' Tag prospects. "They've already gotten their brand equity out of Tiger Woods," says Ben Sturner, founder and CEO of the Leverage Agency, a New York City-based sports-marketing firm. "He's not going to help them now." (Read "Can Golf Survive Without Tiger Woods...

Author: /time Magazine | Title: Tiger Woods' Sponsors: Will Any Stick by Him? | 12/16/2009 | See Source »

...Upper Deck On Tuesday, in its first public statement since the scandal broke, Upper Deck, a trading-card and memorabilia company, said it is standing by Woods. "Tiger and his family have our full support," said Richard McWilliam, founder and CEO of Upper Deck. "We look forward to his eventual return to the PGA Tour." Upper Deck, which has created Tiger Woods trading cards and collectibles like a Tiger Woods bobble head, has an exclusive licensing agreement with Woods. Upper Deck has no good reason to back out of the arrangement. If Woods catches fire again, the company's Woods...

Author: /time Magazine | Title: Tiger Woods' Sponsors: Will Any Stick by Him? | 12/16/2009 | See Source »

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