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...competitive strategies being adopted," warning that they "can only hurt the industry in the long term." In other words, even in one of the world's largest and most vibrant media markets, too many players may wind up chasing too few customers?and newspaper closures will be sure to follow. "People have come into newspapers thinking it's a casino," says Akbar. "It certainly isn't." If publications start cashing in their chips, perhaps the foreign investors now itching get into India will be glad that they weren't let in too fast...

Author: /time Magazine | Title: Fishing for the News | 9/19/2005 | See Source »

...part of that expanded oversight, FEMA is sending some 30 auditors to the Gulf to follow the money. Not to be outdone, Congress has its own team of 24 investigators hot on the FEMA auditors' heels. But unless the President appoints an independent czar to oversee the entire reconstruction operation, Democrats and Republicans alike fear it may be as poorly managed as the initial response to the storm. FEMA's track record before Katrina isn't too encouraging: during last year's $2 billion cleanup of Hurricane Frances, millions of relief dollars ended up in the hands of residents...

Author: /time Magazine | Title: How to Spend (Almost) $1 Billion A Day | 9/18/2005 | See Source »

...debut novel, 2000's Bee Season, Myla Goldberg intricately etched four members of a contemporary Jewish family and set them in motion against one another, charting the repercussions of even their subtlest interactions. For her follow-up, the author changes tack completely, striving for the historical epic. In Wickett's Remedy (Doubleday; 336 pages), the travails of Lydia Kilkenny, a young woman from an impoverished Irish Catholic family, are rooted in such global events as World War I and the 1918 flu epidemic that left millions dead...

Author: /time Magazine | Title: Books: Taking the Cola Cure | 9/18/2005 | See Source »

Rapunzel is scheduled for a 2008 release. It is to follow next year's fantasy trip Meet the Robinsons, in which a boy is taken in by a wonderfully eccentric family, and, in 2007, the hip, puckish American Dog, about a canine celebrity who thinks he's still on his TV show when he's really stranded in the desert. Those three films have a high standard to meet in the sassy, bouncy Chicken Little. The title character (voiced by Zach Braff) has huge glasses and a studious mien. And, oh, is this chick adorable, whether trying...

Author: /time Magazine | Title: Can Mickey Find His Mojo? | 9/18/2005 | See Source »

...it’s instructive to follow the Penn-Princeton theory from men’s basketball. Just like the Quakers and Tigers, Harvard and Penn have a disproportional piece of the Ivy talent pie. Most years that superfluous skill will guide the two teams to a one-two finish in the league. Some seasons, however, one of the two squads will get tripped up, despite the talent disparity, and drop some winnable games. But it’s exceedingly rare—the 1999 season comes to mind—for both of the league’s giants...

Author: By Michael R. James, CRIMSON STAFF WRITER | Title: Harvard, Penn Still On Pace for Title Fight | 9/16/2005 | See Source »

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