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...G.education, a Nagoya-based English-tuition chain, threw Nova a lifeline, agreeing to take over its operations. But it only plans to reopen some 200 of Nova's 669 remaining schools, and it won't be refunding fees, although some rival institutes are offering discounts for Nova students. That won't help former teachers like Kristen Moon, a 23-year-old English-education major from Philadelphia, who has been scraping by on private lessons she now gives to her former Nova students. "I'm living hand to mouth," she says. "Nova has ruined a lot of people's lives...

Author: /time Magazine | Title: Class Struggle | 11/8/2007 | See Source »

...week Eivind Reiten is unlikely to forget. On Oct. 1, the oil and gas arm of Hydro, an Oslo-based energy-and-metals company he was running, completed a $36 billion merger with Statoil, its beefier Norwegian rival, creating the world's largest offshore energy operator. Five days later, Reiten hosted his country's King and Queen in Nyhamna, a third of the way up Norway's west coast, at the official launch of a record-breaking gas-production and -processing project forged by Hydro to harness gas from 75 miles (120 km) away under the Norwegian...

Author: /time Magazine | Title: Norway's Power Play | 11/8/2007 | See Source »

...firms, the combined company reached a deal in late October with Gazprom, Russia's state-owned energy company, to help it develop Shtokman, a vast gas field in the Barents Sea. StatoilHydro secured a 24% share of a specially created company that will own the project's infrastructure. French rival Total earlier this year secured a similar stake...

Author: /time Magazine | Title: Norway's Power Play | 11/8/2007 | See Source »

...English winemakers aren't waiting for the French to pop their corks. Chapel Down, Nyetimber and RidgeView wineries are already making sparkling wines that rival champagne in quality and price. But what to call the stuff? Ridgeview founder Michael Roberts has dubbed his bubbly Merret, after Christopher Merret, an English doctor who, he says, described how to make fizzy wine decades before the French monk Dom Pérignon did. Expect an argument from the French...

Author: /time Magazine | Title: Time to Hoard the Bubbly? | 11/8/2007 | See Source »

...season. The Crimson lost its first six games of non-conference play and everyone believed all hope was lost for a team that began with such high hopes. But things began to turn around; the Crimson won its last two non-conference games against San Jose and cross-town rival Boston College. After disappointing play in the first half of its season, Harvard turned over a new leaf, and exploded in Ivy League competition. “Those kind of adjustments really came together at the end of the season,†senior co-captain Lindsay Hallion said...

Author: By Alison E. Schumer, CONTRIBUTING WRITER | Title: Women's Hoops Set to Defend Ivy Title | 11/7/2007 | See Source »

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