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...absence from her job and he was confronting the leave of half his $900 million fortune in a divorce settlement with his second wife. The reason for both losses was the romantic relationship sparked when Wetlaufer, the editor of the Harvard Business Review, interviewed Welch, the retired head of GE, for a story in her publication. But the saga continues now that journalists have dug into her past. Wetlaufer was supposed to return to HBR as an editor-at-large, but last week she resigned from the journal entirely, saying her presence would be a distraction. This comes just...
From an initial pool of 13 bands, the UC whittled the selection down to six for the Battle—Diaco, Un Poquito Mas, Invisible Downtown, Soul Fège, Subject to Change, and Model...
...band played R&B as well as soul, replete with saxaphone, trumpet and guitar accompaniment. Sounding like a mix between Bob Marley and the P-Funk Allstars, Soul Fège had seemed a likely choice to go on to Springfest...
Nowhere in the reporting on the extramarital affair of GE's former CEO Jack Welch and Suzy Wetlaufer, editor at the Harvard Business Review, have I seen the word adultery [BUSINESS, March 18]. Instead, there are references to romantic escapades. As for Wetlaufer, there is a descriptor for a woman who accepts jewelry in exchange for sex, and it is not "talented editor." If the media want to use trite euphemisms, why not just say Welch and Wetlaufer are "good friends"? LINDA RHOTEN Stillwater, Okla...
Like most market crazes, this one started in the U.S. Sales and spin-offs accounted for 35% of M and A activity on Wall Street last year, up from 21% in 2000. Companies like Tyco International and Citigroup are jettisoning divisions; others, including GE, the Hilton Group and Motorola, are expected to offload units soon. In Europe, the market is smaller, but it's growing exponentially. According to J.P. Morgan, sales and spin-offs represented 8.2% of pan-European M and A activity last year, up from 2.8% in 1999. In the same period, Europe's entire...