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...libretto after Shakespeare by Music Critic Andrew Porter of The New Yorker, is a rich blend of Renaissance music, jazz and electronics that is surrounded by an uncompromisingly modernist microtonal framework. Another happily eclectic work, Hans Werner Henze's The English Cat, takes an anthropomorphic tale by English Playwright Edward Bond, based on Balzac, and sets it to music that freely ranges from kitschy consonance to acerbic dissonance. Both operas have the kind of unquestioned stylistic integrity that bespeaks major works...

Author: /time Magazine | Title: Music: When the Style Is No Style | 4/18/2005 | See Source »

...largest and most ambitious buyouts yet was proposed last week by executives of R.H. Macy & Co. (fiscal 1985 sales: $4.4 billion), the eleventh-biggest U.S. retailer. Led by Chairman Edward Finkelstein, a group of top officers offered $70 a share, or $3.58 billion, for Macy's stock that had been selling for about $50 a share. The Macy's executives were working last week with the Wall Street firm of Goldman Sachs to line up virtually all that money. The high buyout price, apparently designed to repel rival offers and avoid a bidding war for the company, drove...

Author: /time Magazine | Title: The Popular Game Of Going Private | 4/18/2005 | See Source »

...Evening News has evolved. To a certain degree, all three networks' news divisions are victims of success. Once revenue losers, they started to make big money within the past decade and thus began to be treated more like businesses. Profits, for better or for worse, were something Edward R. Murrow never had to worry about. --By James Kelly. Reported by Barry Kalb/New York

Author: /time Magazine | Title: Press: Discord in the House of Murrow | 4/18/2005 | See Source »

...Fairness in Media, says he was only trying to protect the news division from possible meddling by ideologues and corporate raiders. Yet some CBS staffers contend that Hewitt was implicitly taking a swipe at the team of Van Gordon Sauter, executive vice president of the CBS Broadcast Group, and Edward Joyce, president of CBS News. Though Hewitt denies that Sauter and Joyce were his targets, many CBS employees blame the duo for low morale within the division. At the same time, an internal struggle is being waged over how CBS News should be run and the way news should...

Author: /time Magazine | Title: Press: Discord in the House of Murrow | 4/18/2005 | See Source »

Furthermore, the Alabama-bred Davis has a particular kind of small town in mind--Southern, circa 1930, Edward Hopperesque--and he has assembled some remarkable architects to help realize the vision. Robert A.M. Stern is designing a beachfront hotel. Steven Holl will contribute a retail-office-and-apartment building. And Leon Krier, an influential architectural theorist who lives in London, plans to build a house for himself at Seaside next year--the first building of his quixotic career...

Author: /time Magazine | Title: Design: Building a Down-Home Utopia | 4/18/2005 | See Source »

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