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...also hopes for cost savings of $2.5 billion. A team of 500 is working full time on integrating the companies, though most of what they have done so far is talk about culture clash--how HP's engineers try to solve a problem by discussing it while Compaq managers prefer to impose a solution from above. "We're the cultural astronauts," says Webb McKinney, head of the integration team. He had better hope they are not brought back to Earth too quickly...

Author: /time Magazine | Title: HP's Fierce Face-Off | 3/4/2002 | See Source »

...Japanese companies always prefer to sell to other Japanese companies," says Dean Yoost, CEO of a PricewaterhouseCoopers division in Tokyo that advises on mergers and acquisitions. The foreigner is the buyer of last resort. That means the price is often right: Ripplewood paid $130 million for Seagaia (with a commitment to invest $100 million)--a total that is only 8% of the $3 billion it cost to build the resort, which opened in 1994. But Ripplewood faces a turnaround task that is the corporate equivalent of raising the dead...

Author: /time Magazine | Title: High Tech: Foreign Invaders | 2/25/2002 | See Source »

...education officials are making no apologies for textbooks that preach suspicion of non-Muslims, even to the extent of discouraging Saudis from congratulating Christians or Jews on their religious holidays. Abdullah rejects charges that the education system is breeding future bin Ladens, but many Saudis who can afford it prefer to send young children abroad for schooling. "I hate this fanatical crap my kids have to put up with," says Badr, 42, a Riyadh businessman. "I want to teach my kids about Islam. I don't want the state...

Author: /time Magazine | Title: How to Bring Change to the Kingdom | 2/25/2002 | See Source »

...large bid. To advance to NCAAs, then, Cornell must either win the ECAC tournament and claim the automatic bid that goes along with it, or else bump its PairWise rankings up high enough to merit an at-large bid. Certainly, the ECAC as a whole would prefer the latter because it’s the only way the conference will get two teams into the NCAAs...

Author: By Jon PAUL Morosi, CRIMSON STAFF WRITER | Title: Jonnie on the Spot: Scouting The Field | 2/25/2002 | See Source »

...Saudis, and even Peres, have urged that negotiations towards a long-term solution be revived even before a cease-fire is achieved. Washington and Sharon will likely prefer to emphasize efforts to reduce day-to-day violence. Still, it's becoming increasingly clear that the debate over Israel's security is becoming inexorably linked with the question of its long-term intentions in the West Bank and Gaza...

Author: /time Magazine | Title: Why a Saudi Peace Plan Has Mideast Buzzing | 2/25/2002 | See Source »

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