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...spry 59, William F. Lee ’72, who still runs daily and plays soccer on the weekends, promises to inject a measure of youth into the antiquated body—its members’ average age is 68, meaning the average fellow was born in the midst of World War II and qualifies for Medicare...

Author: By Elias J. Groll and Elyssa A. L. Spitzer, CRIMSON STAFF WRITERS | Title: A Corporation Renewed | 5/27/2010 | See Source »

Hands, now living as a tax exile on the island of Guernsey in the English Channel, needs to inject about $200 million into the business by the summer; otherwise, Citigroup gets the keys. His allies say he can raise the money from third-party investors, but that is only enough to keep EMI out of the bank's hands for 12 more months. What Hands really needs is a deal with Citigroup to slash EMI's debts. But like any good band in crisis, Hands and his onetime partners at Citigroup have fallen out. (See the top 10 albums...

Author: /time Magazine | Title: EMI's Downfall: Will the Hits Keep Coming? | 2/9/2010 | See Source »

Last summer, Hands proposed a deal in which he would inject $1.56 billion into EMI if Citigroup wrote off about the same amount in debt. Citigroup said no and offered instead to write off $1.56 billion in debt in return for controlling ownership of the company. Hands refused and then sued Citigroup, claiming the bank had persuaded him to pay too much for EMI in the first place. Now the two sides aren't speaking. Hands says Citigroup is playing "hardball for no good reason," while the bank feels that Hands is being unrealistic in his demand to remain...

Author: /time Magazine | Title: EMI's Downfall: Will the Hits Keep Coming? | 2/9/2010 | See Source »

...estates around the world, which the company says secures a fairer price for plantation workers and is kinder to the environment. However, "it's not all kaftans and flower power," says owner Erica Moore. Hot pink and turquoise seating and brightly colored fondant fancies served on vintage cake stands inject the necessary note of playfulness...

Author: /time Magazine | Title: Doing the Cha Cha Cha | 1/28/2010 | See Source »

...expected spectacular results, neither did anyone expect such a stunning defeat, and the scientific community is still struggling to recover from it. "We are still a long ways away from having an effective HIV vaccine that physicians can reach into the cabinet and pull out in a vial and inject into a person," says Dr. Bruce Walker, an HIV expert at Harvard Medical School. (See the top 10 scientific discoveries...

Author: /time Magazine | Title: David Ho: The Man Who Could Beat AIDS | 1/25/2010 | See Source »

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