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...Business was brisk today. Hands, whose London-based private equity company Terra Firma picked up EMI for $6.5 billion last year, told his staff that as many as 2,000 of them would lose their jobs over the coming months as part of a plan to pare EMI's costs by around $400 million a year. More effort had to go into finding fresh acts, Hands said, as well as into getting more out of those the firm already has. Out will go diverse sales, marketing, manufacturing and distribution units, to be replaced by a single division. "We believe...

Author: /time Magazine | Title: Big Cuts Planned at EMI | 1/15/2008 | See Source »

...shedding more than a third of its workforce, EMI didn't allay Clark's fears. But with only a few hundred of its 4,800 staff deployed in A&R - the business of scouting for and developing artists - Hands's plan to make it more central to EMI seems sensible. But it's also obvious. And by trailing something you'd expect to already be an aim of record companies everywhere, Hands has drawn suspicion. "Here's a business person trying to turn [EMI] into a more creative company," says Dave Allen, bass player with British post-punk band Gang...

Author: /time Magazine | Title: Big Cuts Planned at EMI | 1/15/2008 | See Source »

...more you crave it. It becomes a vicious cycle," says O'Keefe. The solution? "I tell people they should get a home glucose monitor," he says. Then you can see immediately what your meals are doing to your body. It may help you stick to your plan to eat well, too. "You can improve your health, basically, from hour to hour," he says...

Author: /time Magazine | Title: One Meal to Good (or Bad) Health | 1/15/2008 | See Source »

This new accord could not have come about without the leadership of President Bush. While we have been critical of Bush’s foreign policy in the past—especially his ill-advised invasion of Iraq in 2003—his plan for a two-state solution is a sound one, and a good example of how American power in the world can be used toward just ends. The United States is in a particularly unique global position to influence the peace process, and it is our moral duty to make the most of it. Although Bush?...

Author: By The Crimson Staff | Title: A New Push For Peace | 1/15/2008 | See Source »

...Kenya continues to boil with unrest, students at Harvard have begun to change summer plans and to collect donations for humanitarian relief. For others, the violence has hit closer to home. Kenyan student Kipyegon A. Kitur ’09 remembers the first day of the new year. That day 50 people were burned alive in a church in Eldoret as they fleed from a mob incensed over the results of the election two days earlier. Kitur, who was spending winter break on campus, called his brother in another Kenyan town. “He said people were screaming...

Author: By Maria Y. Xia, CONTRIBUTING WRITER | Title: In Cambridge, Kenyan Violence Hits Home | 1/14/2008 | See Source »

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