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...independent Harvard alumni magazine, is on the verge of being sold by the Atlantic Media Company to Sandow Media, according to WWD.com. The deal is still in negotiation, and the terms of the sale have not yet been reported. The Atlantic Media Company launched 02138, a bi-monthly publication billed as the “Vanity Fair of Harvard,” in September 2006 and has owned it since then. The magazine was founded by Bom S. Kim ’00, who serves as its current president, and Daniel M. Loss ’00 to report...

Author: By Brian S. Chen, CONTRIBUTING WRITER | Title: Harvard Alumni Mag Set To Change Hands | 4/13/2008 | See Source »

...until April 8, following the public company's next board meeting. The failure of talks with Air France, also prompted yet another resignation at the top, as Alitalia chairman Maurizio Prato stepped down just seven months after taking over the troubled air carrier with the goal of facilitating its sale. Now, nothing is likely to move until after Italy's April 13-14 national elections...

Author: /time Magazine | Title: The Crack of Doom for Alitalia | 4/4/2008 | See Source »

...children in town are bused to Animas, 20 miles away, for school. It's 37 miles to the nearest supermarket, 85 miles to a two-screen movie theater. The town has a Baptist church and a bowling alley named Copper Pins, where beer and wine will go on sale next month for the first time. Resident Laine Vowell is asked, "You don't go nuts out here?" His answer: "Not at all. We visit a lot. Sunsets are beautiful. There are baby bobcats and other wildlife right in town. The deer trim my trees. It sounds trite...

Author: /time Magazine | Title: Postcard: Playas | 4/3/2008 | See Source »

...arranged sale of about-to-fail Bear Stearns in mid-March and its subsequent decision to extend credit to other investment banks over which it has no regulatory say have been major prods to discussion. Both House Financial Services Committee chairman Barney Frank and Treasury Secretary Hank Paulson have since suggested that the Fed be given power to snoop around such institutions in search of market-endangering risks. Frank and presidential candidate Barack Obama have also talked of replacing the hodgepodge of federal and state regulatory agencies with a simpler and less loophole-ridden structure--and on March 31, Paulson...

Author: /time Magazine | Title: Holding Back the Flood | 4/3/2008 | See Source »

About 35% of the shares will be up for sale to investors abroad, making some Kenyans grumble that rich foreigners - or rich Kenyans with foreign bank accounts - would profit off the sale. "It's just another advantage to the rich, who will keep their millions and millions," says David Mutua, 27, a security guard. Still, the IPO was so popular among ordinary Kenyans that even opposition leader Raila Odinga, who narrowly lost a disputed presidential election to incumbent Mwai Kibaki in December, had to dial back his distaste for the offering. Once he realized that the sale would go ahead...

Author: /time Magazine | Title: Kenya's Mobile Gold Mine | 4/2/2008 | See Source »

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