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...deemed to be in the strategic national interest. And in Rome, former governor of the Italian central bank Antonio Fazio tried to squash two bids by foreign banks for Italian ones. But his efforts quickly turned to a scandal after the publication of taped phone calls. Fazio finally quit just before Christmas - and one of the foreign bids, by Dutch bank ABN AMRO for Banca Antonveneta, eventually succeeded. Domestic politics remains a temporary risk, says Morgan Stanley's Pereira, but "the forces underlying European M&A trends are much stronger than any episodic national pushback." Indeed, mergers have...

Author: /time Magazine | Title: It's High Time for Mixing Brands | 12/31/2005 | See Source »

STOP SMOKING There are more ex-smokers today than current smokers, says Dr. Steven Schroeder of the University of California, San Francisco. Most folks quit cold turkey, usually after more than one attempt, but you'll improve your chances with medication--like a nicotine patch or gum--and some counseling. If you call a stop-smoking hotline like 1-800-QUITNOW, you'll be given an individualized program that's based on your smoking history and needs. "Quit lines are smoking cessation's best-kept secret," says Schroeder. "They work, patients like them, and they are very convenient...

Author: /time Magazine | Title: Health: Resolutions | 12/20/2005 | See Source »

Both Gatses guard their privacy closely, barring reporters from their plane and their home in Seattle. Melinda, in particular, has resisted the attention that comes with their wealth. For the first nine years of their marriage, she declined almost all media interviews. She quit her job at Microsoft after she had their first child in 1996. "I wanted to have some privacy in our community," she says. "When I took the kids to a preschool event, a mommy-and-toddler event, say, I could be like all the other moms...

Author: /time Magazine | Title: From Riches to Rags | 12/19/2005 | See Source »

Until she quit in 1996, Stonesifer was the highest-ranking female executive at Microsoft, and she got generous stock options to go with it. As a result, she has chosen to forgo a salary at the foundation. But she runs it with the ferocity of a Wall Street titan. When she met with Senator Jesse Helms on Capitol Hill, he called her a spark plug--twice. "None of us knew much about health," she says. "We just kept finding people whom we trusted. And we learned and learned. We used the same skills we'd applied to business prospects...

Author: /time Magazine | Title: From Riches to Rags | 12/19/2005 | See Source »

...Lately, the laser of public scrutiny has fixed on three of Australia's highest-profile mentors. Wayne Bennett quit as coach of the Australian rugby league team on Dec. 9, a week after the Australian Rugby Union sacked Eddie Jones as coach of the Wallabies. Despite a catastrophic mission failure in England and calls for a change at the helm, John Buchanan has kept his job as coach of the national cricket team. In temperament and style, the three coaches have little in common. But perhaps their setbacks these past few months can be traced to the same thing: each...

Author: /time Magazine | Title: Keep It Simple, Sport | 12/12/2005 | See Source »

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