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...sent investment-banking business to Citi. Spitzer is still digging for dirt, so any deal may be several weeks away. But the whole episode signaled a thaw in Weill's ice-age thinking. Playing to fat cats at the expense of retail investors was no longer defensible. Almost overnight, what had been de rigueur was deplored, and Weill's giant firm had been singled out as the poster child for big bad banks...

Author: /time Magazine | Title: Citi Slicker | 10/7/2002 | See Source »

...large green metal barrels, each holding a smaller eight-quart tub in a mixture of ice and salt. The ice cream mix is poured into the tub and rotated for half an hour; the results are soft-serve. Mix-ins are added and the resulting mess is flash-frozen overnight to achieve standard texture...

Author: By Margot E. Kaminski, CRIMSON STAFF WRITER | Title: Cold Fusion | 10/3/2002 | See Source »

...employer, JetBlue Airways. He will slide into the left seat of the A320 aircraft's cockpit, fly one of JetBlue's routes and return home to New York City. The following day McAndrew, 59, will no longer be qualified to be an airline pilot. "The government says overnight I'll become old and sick, so I better check into a hospital, right?" he asks mockingly...

Author: /time Magazine | Title: Is 60 Too Old? | 9/30/2002 | See Source »

Even enthusiasts like Modzelewski caution that no one should expect an overnight nanotech revolution. The technology will evolve--"radically," he says--as its benefits seep into virtually every crevice of human industry, from toys to tanks. And even professional investors are cautious. "True venture capitalists are not investing. They are watching," says Glenn Fishbine, author of The Investor's Guide to Nanotechnology and Micromachines. Only a handful of "pure play" nanotech stocks exist, including Nanophase Technologies, in Romeoville, Ill., which makes nanoscale powders, among them zinc oxide particles for sunscreen that won't turn lifeguards' noses white. Still, investors...

Author: /time Magazine | Title: Nanotechnology: Very small Business | 9/23/2002 | See Source »

...keiretsu, a network of businesses that own stakes in one another. NetOne used WaveSmith's product in NTT Communications' telephone-equipment offices nationwide. It is now integrating the technology into the Internet and telephony systems of other undisclosed Japanese companies. This has expanded WaveSmith's Japanese customer base almost overnight. About a fourth of WaveSmith's $5 million annual revenues are from Japan. The rest comes from customers in the U.S., including Global NAPS, a local exchange carrier in Boston...

Author: /time Magazine | Title: Exporting to Survive | 9/23/2002 | See Source »

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