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...Even Jean-René Fourtou, Vivendi's new CEO, seems puzzled. "We can continue to build an international media and communications company," he wrote to investors last week, but "with what strategy?" There may be order behind his confusion - Vivendi's last CEO, Jean-Marie Messier, was criticized for depressing the price of assets he planned to sell by broadcasting his intentions. As Fourtou sells j10 billion in assets to service Vivendi's debt, that's not a mistake he can repeat. Yet he must also be genuinely perplexed by his options. "My sense is that they would like...

Author: /time Magazine | Title: For Fourtou, Breaking Up is Hard to Do | 8/25/2002 | See Source »

...Armed Islamic Group launched a bombing campaign in Paris in 1995. By 2000, counterterrorism experts in Europe knew the Islamic diaspora communities in Europe were seeded with cells of terrorists. And after the arrest of Ressam, European officials were convinced that terrorists would soon attack targets in the U.S. Jean-Louis Bruguiere, a French magistrate who has led many of the most prominent terrorist cases, says Ressam's arrest signaled that the U.S. "had to join the rest of the world in considering itself at acute risk of attack...

Author: /time Magazine | Title: They Had A Plan | 8/12/2002 | See Source »

...team affiliated with the major-league Cardinals, are drawing the largest attendance in the minors. Despite finishing last in 2001, the team is on pace this year to outdraw the doomed Montreal Expos. Owner Dean Jernigan originally scanned the suburbs for a site, but his wife and co-owner Jean convinced him that a stadium downtown could help the city. AutoZone Park now anchors a revitalized section of Memphis once occupied by porn shops and empty lots...

Author: /time Magazine | Title: Minor Miracles | 8/12/2002 | See Source »

...competitors from Australia, New Zealand, South America and South Africa. When French exports started to fall after a bumper year in 1998, growers wondered if they'd got something wrong. "We used to make wine that we knew was good and assumed it would sell itself," says Jean-Luc Dairien, general manager of the French Wines Council, "but that just doesn't work any more...

Author: /time Magazine | Title: Vintage Advantage | 8/12/2002 | See Source »

...Nicole Farhi realized years ago that the chicest store accessory is a stylish café bearing your label, major retailers are just now choosing to create and run their own restaurants rather than depending on outside concessionaires. "It is a completely new era for restaurants and retail," says Jean Paul Barat, general manager of food operations at Selfridges. "Food is now a driving force for bringing customers into stores...

Author: /time Magazine | Title: Food Fight | 8/12/2002 | See Source »

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