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...million, with the publishing sector bringing in an additional $218 million. That will cover Terra Firma's interest bill of about $350 million. But it's not enough to keep Citigroup happy - the bank had agreed to lend the venture-capital firm $4.2 billion only if EMI could hit certain performance targets. As EMI's accounts dolefully note, there is a "significant shortfall" between the profit likely to be generated in 2010 and the target previously agreed upon...
...coveted EMI, but mutual intransigence has thus far prevented a merger. Some Terra Firma officials fear that Citigroup simply wants to "flip" EMI by making a quick sale to Warner - a plan Citigroup denies. In its present state, however, EMI's future as an independent company is far from certain. "The trouble is that the future of EMI would look quite good if it wasn't for all the debt," Dyson says. "But it doesn't look like Terra Firma has a chance of hanging on in the current circumstances." There will probably be far fewer champagne parties...
...certain that Asian carp have made it into the Great Lakes. The Mississippi River system and the Great Lakes are connected only through the man-made Chicago Sanitary and Ship Canal, which leads from Lake Michigan to the Illinois River. (It's not uncommon for invasions to occur when humans connect ecosystems that have naturally been kept separate.) The Army Corps of Engineers put an electric barrier in the canal to prevent the carp from infiltrating Lake Michigan, but it may not have been enough - although no live fish have been found yet, last month a team of scientists discovered...
...choice of charity. This is not necessarily a bad thing, because niche or religious charities can sometimes impose irrelevant political or cultural values on foreign aid, such as religious organizations restricting condoms in regions devastated by AIDS. Yet the reality is that web legitimacy is easy to fake, and certain charities that accept online donations may simply be frauds. The FBI warned donors last month to ignore unsolicited emails, avoid sending personal information via e-mail, and be wary of people claiming to be surviving victims, which is a testament to the scope of the problem. In fact, the perception...
...want to win games at the end of the season, especially when playoffs come, we’re definitely going to have to cut down on penalties,” Rogers said. “We have to play smarter. I think we make some poor decisions in certain situations, especially penalties in the offensive zone...