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...Barney report sent its stock reeling. Both LVMH and Sodexho said they were protecting themselves against erroneous information; Morgan Stanley president Stephan Newhouse says the LVMH ruling "opens the floodgates" for firms to bully analysts into making rosy statements. The Paris stock market is trying to salvage its reputation. Jean-François Balmary, general secretary of France 's Society of Financial Analysts, tells TIME that a law passed last year guarantees...

Author: /time Magazine | Title: Biz Watch | 1/18/2004 | See Source »

...DIED. KIHARU NAKAMURA, 90, English-speaking geisha from Tokyo's Shimbashi quarter, who entertained such visitors as Babe Ruth, Charlie Chaplin and Jean Cocteau; in New York City. Daughter of a doctor, Nakamura worked as a geisha for 27 years before emigrating to the U.S. in 1956 and later wrote a memoir that was translated into eight languages. In a 1989 interview with the Los Angeles Times, she lamented the loss of the geisha's art in her country. "Japan has become rich," she said. "But the people's minds are getting poorer...

Author: /time Magazine | Title: Milestones | 1/12/2004 | See Source »

...series, including the lifting of a ban on the TV show Sex and the City, designed to play down the country's reputation as a nanny state. Targeting Aristide HAITI Three people died and more than 20 were injured in violent clashes between opponents and supporters of President Jean-Bertrand Aristide. Opposition leaders, who accuse Aristide of corruption, called a two-day general strike, which shut down many businesses in Port-au-Prince. MEANWHILE IN THE U.K. ... Ye Cannae Dae That To many, the Scottish lilt is charming and even rather attractive (think Sean Connery). But not, it seems...

Author: /time Magazine | Title: World Watch | 1/11/2004 | See Source »

Then chapter president Jean-Pierre R. Jacquet ’05 said that “neither the undergraduate chapter nor the alumni of Harvard Sigma Chi are currently planning to purchase or lease any property...

Author: By Andrew C. Esensten, CRIMSON STAFF WRITER | Title: Sigma Chi Purchases Million-Dollar House | 1/5/2004 | See Source »

...city of Nancy late last month upheld criminal charges against a couple who failed to prevent a drunken dinner guest from driving home - he killed himself and a family of four by heading down a nearby freeway in the wrong direction. The tribunal ordered Angélique, 28, and Jean-Sébastien, 30 - known only by their first names - to stand trial for "non-prevention of a crime or misdemeanor that causes bodily harm" after allowing Frédéric Colin, 29, to get behind the wheel in February 2000. Tests showed Colin's blood-alcohol level...

Author: /time Magazine | Title: Prosecuting Passivity | 1/4/2004 | See Source »

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