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With the departure of Formaggio from the Garage in December, Felipe’s Taqueria owner Tom Brush and his business partner Felipe Herrera saw an opportunity to develop a new business venture in its stead—a diner-style eatery, with late hours, to open in April...

Author: By Alexandra C. Bell, CONTRIBUTING WRITER | Title: Felipe's Owner to Open Diner in Garage | 2/3/2005 | See Source »

...acquiring company. In seven of the nine mergers valued at more than $50 billion, the acquirer's share price is down an average of 46% from premerger levels, according to FactSet Mergerstat, a research firm in Santa Monica, Calif. Maybe you already knew that if you're a longtime owner of Hewlett-Packard, whose stock has flatlined since the company acquired Compaq in 2002. AOL's merger with Time Warner (parent company of TIME) may have set a new standard of paired futility, erasing some 80% of the merged company's stock value. After the hype subsides, more often than...

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

...even groundbreaking art. From Feb. 10-14, the city is home to the International Contemporary Art Fair, or ARCO, with new works from 290 galleries in 35 countries. "What makes this fair different from others is it is not dominated by the Anglo-Saxon world," says Javier L?pez, the owner of the Javier L?pez gallery, a premier Madrid space that specializes in photography and new media...

Author: /time Magazine | Title: State of the Art | 1/31/2005 | See Source »

...approach, the owner of House 71 had run to a neighbor's home and attempted to mix in with other civilians, disguising himself by adopting someone else's name. Ryan saw through it. "Take Mr. Turban here," he orders, referring to the scarf around the suspect's head. "All that s___ was right behind his house--he knows something," he says. Under interrogation the man identifies himself as the weapons dealer working under Abu Ayesha and supplying arms to a host of divergent guerrilla and terrorist cells...

Author: /time Magazine | Title: Hunt for the Bomb Factories | 1/30/2005 | See Source »

...Fans of Murakami will find none of this unusual. Since Norwegian Wood, his 1989 tale of nostalgia and loss (4.5 million copies and counting), the former Tokyo jazz-club owner, now 56, has gained worldwide fame for his coolly narrated stories of odd disappearances, bizarre quests, disaffected youth and a Japan struggling with its wartime past. He is also noted for his nonfiction books about the 1995 Kobe earthquake and Tokyo subway gas attack, as well as his translations of works by American masters, from F. Scott Fitzgerald to Raymond Carver. So vast is Murakami's fame that nearly...

Author: /time Magazine | Title: It's Raining Sardines | 1/30/2005 | See Source »

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