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Executives' walls are being replaced with glass panels at the Park Avenue headquarters of the Blackstone Group, one of the U.S.'s premier private investment and advisory firms. That's because Hamilton James, 52, who stepped into the firm's No. 3 position a year ago from Credit Suisse First Boston, wants to encourage "openness and connection, that we're all in this together"--the kind of culture he remembers from his 25 years at investment firm Donaldson, Lufkin & Jenrette. Blackstone is a powerhouse, with $14 billion raised for private-equity investment, including a recent move into the pub division...

Author: /time Magazine | Title: HAMILTON JAMES, BLACKSTONE GROUP: Trying to Loosen Things Up | 12/1/2003 | See Source »

...Land of the Rising Sun, Matsui is considered the best everyday player. The 28-year-old switch-hitter-who is not related to Yankees leftfielder Hideki Matsui (whose 1.88-m, 95-kg frame and status as Japan's premier power hitter led to Kazuo's being dubbed Little Matsui)-has won four Gold Gloves, batted better than .300 for seven straight years, hit at least 20 homers in each of the past four seasons and stolen 30 or more bases five times. In a millennium poll, fans voted him the greatest Japanese shortstop ever. He was 24 at the time...

Author: /time Magazine | Title: Little Matsui Steps Up | 12/1/2003 | See Source »

...companies heeded her call in the 1990s to sever ties with Burma because foreign investment lends legitimacy and economic support to the junta. In 1997, Congress outlawed all new U.S. investment there, and President Bush imposed further sanctions this summer. Many European companies have also pulled out, including Premier Oil, the French hotel chain Accor and, last month, British American Tobacco. Total and Unocal argue that their presence has a positive effect. Infant mortality in the pipeline vicinity is one-fourth the national average, they say, and such social indicators as school attendance and employment have gone up. Total itself...

Author: /time Magazine | Title: Slave Labor? | 11/30/2003 | See Source »

Toyota, Nagata's protege and the company's public face abroad, joined the firm after graduating from the Kyushu Institute of Design in Fukuoka in 1977. His work on Japan's premier music venue, Tokyo's Suntory Hall, completed in 1986, drew favorable comparisons with the world's great concert halls. Suntory's sound and the unusually warm rapport that Toyota shared with Gehry after they met persuaded the Disney team to award Nagata the $1.4 million contract...

Author: /time Magazine | Title: Music: Perfect Pitch | 11/24/2003 | See Source »

...December 2001, it thought the days of bilateral trade fights were ending. In recent weeks, the Chinese government has been countering American complaints that it keeps its currency undervalued to promote exports by buying some $6 billion worth of American goods. But even a December visit by Premier Wen Jiabao to Washington for talks with President George W. Bush is unlikely to settle a spat rooted as much in domestic politics as international trade...

Author: /time Magazine | Title: Sewing Discord | 11/24/2003 | See Source »

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