Word: corpe
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...Yale professor emeritus, top adviser during the Kennedy Administration and recipient of the 1981 Nobel Prize in economics for his Portfolio Selection theory; in New Haven. INDICTED. The Arthur Andersen accounting firm, 88, on one count of obstruction of justice for allegedly destroying evidence related to the failed Enron Corp., by a federal grand jury; in Houston. LICENSED. Mike Tyson, 35, for a championship bout against current heavyweight titleholder Lennox Lewis; in Washington, D.C. Tyson was denied a boxing license by Nevada authorities, after a press conference melee in January...
...Immediately, the bank kicked up controversy. It refused to bail out Sogo, a hopelessly debt-ridden but beloved chain of department stores, forcing it into bankruptcy. And the bank initiated bankruptcy proceedings against First Credit Corp., Japan's biggest mortgage-loan specialist. Aside from overhauling its investment-banking business, Shinsei also launched a retail business featuring fee-free, 24-hour services at its network of 56,000 atms?a concept considered revolutionary here. Shinsei offers savers returns higher than those of traditional banks, at which, Yashiro notes, the annual interest income on a 1 million yen deposit?about...
...DIED. DON HAIG, 68, film producer and editor regarded as the godfather of Canadian movies for his willingness to assist and nurture aspiring talent; in Toronto. Haig rose from humble beginnings?cutting commercials into the The Ed Sullivan Show for the Canadian Broadcasting Corp. in the '50s?to become a prominent figure in Canadian cinema. He is best known for his work on the Oscar-winning documentary Artie Shaw: Time...
...company owned by Li's son Richard, holds a 4.5% stake in Tom.com, and there is always the possibility that the two could merge. After all, it was Richard (with lots of help from his father) who formed STAR in 1990 and sold it five years later to News Corp. for $950 million. But PCCW's chief foray into video programming, Network of the World, is flailing and has had trouble making inroads in China. "This family has had one go at broadcasting," says Simon Twiston Davies, chairman of the Cable and Satellite Broadcasting Association of Asia. "Relationships are good...
...caught in the squeeze play. Last year, the Swiss-based sports-rights agency ISL collapsed after overpaying for the commercial rights - mainly for broadcasting and sponsorship - to a wide range of sports, including $1.2 billion over 10 years for men's professional tennis. Last month Rupert Murdoch's News Corp. wrote off $909 million on contracts to broadcast such sports as Major League baseball. Murdoch's BSkyB also wrote off the value of its investment in KirchPayTV - to the tune of a whopping $1.4 billion. This week in Britain, broadcaster ITV Digital is expected to conduct frantic talks with...