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...sharply over the past year, even before the 18% premium that P&G's bid provides. CEO James Kilts, for one, stands to make an estimated $123 million from selling his firm to P&G, based on last week's stock prices and options that will vest when the ink on the deal dries. Famed investor Warren Buffett has also scored big, reaping a paper profit of $567 million for Berkshire Hathaway, which owns 96 million Gillette shares. "It's a dream deal," he said in a statement, pledging to raise his stake to 100 million shares as a vote...

Author: /time Magazine | Title: Land of the Giants | 1/31/2005 | See Source »

...rights group released an anti-regime video that it says was produced by dissidents in the North. Following some jerky shots of a market, a high school and a factory, the camera pans across a poster that declares: "Down with Kim Jong Il!" in Korean characters scrawled in red ink. "People, let's all rise up and drive out the dictatorship!" The video ends with a shot of anti-Kim graffiti scrawled over an official portrait of North Korea's Dear Leader. A voice off-camera urges the U.S. and other countries to "help our movement to overthrow Kim Jong...

Author: /time Magazine | Title: Notes from Underground | 1/24/2005 | See Source »

...Much ink has been spilled in description of the decline of the stature of America and the West in the eyes of the rest of the world. Anyone seeking some form of explanation for the sorry state of America’s (and, to a lesser extent, the rest of the western world’s) international reputation need look no further than widely-circulated pictures of westerners imbibing just a stone’s throw from calamity. Most of those who resent the United States do so not out of impatience at the American snubbing of diplomacy...

Author: By Adam Goldenberg, | Title: Epidemic Indifference | 1/12/2005 | See Source »

...ink is barely dry on the birth certificate of Gwyneth Paltrow's baby, Apple Martin, and some new Hollywood tots with unusual monikers have arrived to deflect the playground taunts. On Nov. 28, after a month of bed rest, JULIA ROBERTS gave birth to a girl and a boy, Hazel Patricia and Phinnaeus Walter, by C-section. Roberts, 37, seen here in a glamour shot taken early in her pregnancy for January's W magazine, had the twins with husband DANNY MODER, a cinematographer (at the hospital window, left). Weighing a little more than 5 lbs. each, Hazel and Finn...

Author: /time Magazine | Title: Pretty Mama Delivers | 12/17/2004 | See Source »

...certain tattoo and piercing emporium presents a smorgasbord of aural delights for Saturday night at the Middle East. Pino Bros. Ink sponsors Endway, Haloburn, Beyond the Embrace, the Hidden and Morgan Knockers. 18+. $9. 8 p.m. Downstairs at the Middle East. (ECMV...

Author: NO WRITER ATTRIBUTED | Title: Happening | 12/17/2004 | See Source »

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