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The sky was apparently the limit when media conglomerate NBC Universal, along with private equity firms Bain Capital and The Blackstone Group, agreed on Sunday to pay the enormous $3.5 billion price tag for The Weather Channel. Available in some 96 million American homes, the Weather Channel is the country...

Author: /time Magazine | Title: The Weather Channel's Real Worth | 7/7/2008 | See Source »

Wilpon went to work, talking to military leaders about what the returning troops needed most--and to his fellow baseball owners about organizing a massive program to help out. The result, unveiled this July Fourth weekend, is an ambitious effort to raise $100 million to provide free psychological counseling for...

Author: /time Magazine | Title: Giving Back to Veterans | 7/3/2008 | See Source »

Alcohol Exposure John Cloud has it right about drinking with family [June 30]. My brother and I were given wine at dinner by my parents at a young age. My sons were raised that way as well. I drank too much once. My boys drink responsibly and never drink and...

Author: /time Magazine | Title: Inbox | 7/3/2008 | See Source »

Religiosity prevailed in Twain's era but not in his heart. Though one of his closest friends, Joseph Twichell, was a minister, Twain derided religions--Christianity, in particular--and the notion of a benevolent deity. His strongest written sacrileges were not published, however, until well after his death. He was...

Author: /time Magazine | Title: Mark Twain: Our Original Superstar | 7/3/2008 | See Source »

Crucial in fleshing out Warwick's goals was input from its Council, the university's executive body, drawn largely from professions outside academia. Lay members, many working in business and industry, "add an enormous amount to the institution," says Thrift. Indeed, many U.S. and U.K. universities pack their governing bodies...

Author: /time Magazine | Title: Britain's Universities: Funding Excellence | 7/2/2008 | See Source »

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