Word: princesses
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...gnats fly up in a dense cloud as Jamil Bakr, 35, tends the fine, tan sardine nets on the Princess Siham. He has worked 20 years on the sea that has sustained his family for generations. "I'm like the fish," he says. "I can't leave the sea." But he is a fish with almost no water. Israeli restrictions on the movement of Palestinian boats have made fishing sometimes dangerous and almost always unprofitable. Before the intifadeh, Gaza Strip fishermen brought in $40 million of fish annually; last year the catch was worth $28 million. The figure is likely...
Tauzin is so frustrated by Stewart that he may subpoena her to appear in September despite the Justice Department investigation. He has been negotiating for weeks with Stewart's lawyers, who are trying to stave off a summons that would create a difficult choice for the Princess of Propriety: testify at the risk of contradicting herself under oath or assert her Fifth Amendment right against self-incrimination. The latter is her legal privilege, but would do nothing to help the stock of her company, Martha Stewart Living Omnimedia, which has fallen 65% since the ImClone news broke...
...suffered a tabloid-fodder breakup with 'N Sync's Justin Timberlake, and disappointing (though still pretty huge) album sales--could not leave trouble behind. She had barely left her plane when she was videotaped flipping the bird at paparazzi whom she felt were hounding her the way photographers chased Princess Diana. The real blow came at an outdoor show in Mexico City: in the middle of her fifth song, Spears stopped and said, "I'm sorry, Mexico. I love you. Bye," and slipped away. The crowd of 50,000 hurled Britney merchandise and shouted, "Fraud! Fraud!" Spears later apologized, promised...
...TOIT One-legged swimmer makes finals in Commonwealth Games. For her next trick, she'll do it with one hand tied behind her back TOBY KEITH Singer tops U.S. charts with The Angry American album. International version, Arrogant Annoying Americans, is in the works Losers BRITNEY SPEARS Pop princess cuts short Mexico tour after giving press the finger and ending a concert early. Charm school is finally paying off NAOMI CAMPBELL Supermodel battles with a tabloid over drug abuse allegations. The first step: admitting your lawsuits have become unmanageable DIANA ROSS Fresh from rehab, Supremes diva cancels the remainder...
...IASB is working to change that. And paradoxically, many investors hope America's new accounting board will prove its independence by following the IASB lead. THE BOURSE Merging The Seven Seas In a dramatic about-face, the European Commission allowed Carnival's $5.5 billion hostile takeover of P&O Princess cruise lines. This reversal comes one month after an E.U. court made it more difficult to block deals. Engine Doubles Germany's BMW and France's Peugeot joined in a ?750 million alliance to develop and build motors for their smaller cars. The venture could turn out 1 million engines...