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...there's at least one person who believes Global Crossing will rise again: Hong Kong Uber-dealmaker Li Ka-shing. Through a partnership between Hutchison Whampoa, Li's Hong Kong ports/telecoms/electric power conglomerate, and Singapore Technologies Telemedia (STT), owner of Singapore's third-largest phone company, Li has engineered a rescue package. The two companies have bid $750 million to help recapitalize and restructure Global Crossing. If the plan is approved by the courts (it's likely to be controversial because the proposal calls for holdings of mom-and-pop shareholders to be wiped out), Hutchison and STT will wind...

Author: /time Magazine | Title: Li's Latest Salvage Job? | 2/11/2002 | See Source »

...Slobodan Milosevic's Yugoslavia. But, as the Serb strongman stepped up his campaign against ethnic Albanians and the rebel Kosovo Liberation Army, old neighborly ties began to fray. One night the body of Lindita's father was found in a back street on another side of town. A restaurant owner, he had been accused of giving food to the rebels. The Rexhepi family believe he was murdered by Serbs...

Author: /time Magazine | Title: A Legacy of Hate | 2/11/2002 | See Source »

...restrictions have cybercafe owners steamed. Competition between the venues has already forced them to charge the rock-bottom price of $2 per person per hour. Every hour they close is money lost to the 24-hour cybercafes up in Los Angeles and Irvine, and security is expensive. On a typical night, 40% of their customers at 8 p.m. are underage. And besides, owners argue, most of the cafes have unblemished records. "Nobody's gambling here," says Steve Choi, 36, dapper-looking owner of the Net2Net caf?. "There's no pornography. They're not drunk. They play games, they learn...

Author: /time Magazine | Title: Cybercafe Gangs Haunt Orange County | 2/9/2002 | See Source »

Valentine’s Day is rapidly approaching and Dominique—a friend of the owner who moonlights as the living, breathing mannequin—is ready and waiting to help the men of Harvard help themselves. She is on hand now through Feb. 13 to try on the merchandise for discerning male customers...

Author: By M.l. Siegel, CRIMSON STAFF WRITER | Title: Pricey Panties For Valentine’s Day | 2/7/2002 | See Source »

...snap back to reality as a bus honks and we pass a glaring MP at the newly militarized airport. The plan is to take the next turn-around and swing back to where we started—where hopefully, the car’s owner will be waiting by the curb...

Author: By Lauren R. Dorgan and David H. Gellis, CRIMSON STAFF WRITERSS | Title: Ride Wit' Me | 2/7/2002 | See Source »

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