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...days after last month's Grammy Awards, Terra Firma, the venture-capital firm that owns EMI, announced that the record giant had lost nearly $2.5 billion last year. Not only that, a brick wall looms: EMI has to raise more than $200 million in the next six months to ensure that it does not fall into the hands of Citigroup - the bank that lent Terra Firma, controlled by British financier Guy Hands, the cash to buy it 2½ years ago. (See the top 10 albums...

Author: /time Magazine | Title: EMI's Downfall: Will the Hits Keep Coming? | 2/9/2010 | See Source »

...problem. They want the locks of the Chicago canal to be shut down immediately, to prevent the carp from ever gaining a finhold in the Great Lakes. But Illinois lawmakers argue that closing the canal would disrupt hundreds of millions of dollars' worth of shipping. A coalition of six Great Lakes states and the Canadian province of Ontario even sought an injunction last month from the Supreme Court to force an immediate shutdown of the canal; the court declined to issue the ruling but will hear briefs on the subject later this month...

Author: /time Magazine | Title: Asian Carp in the Great Lakes? This Means War! | 2/9/2010 | See Source »

...We’re definitely realistic,” says Green. “It’s a tough time to be making movies. Now, you only get 72 hours instead of a six week release. It’s sad and it’s tough. And it’s just going to get worse...

Author: By Alex C. Nunnelly, CRIMSON STAFF WRITER | Title: 'Frozen' Director Adam Green Unthaws | 2/9/2010 | See Source »

...After six weeks of trying to elect a mayor, the Cambridge City Council has narrowed the candidates down to Councillors David P. Maher, Kenneth E. Reeves ’72, and Henrietta J. Davis, with Maher leading the pack with four votes over the past three election sessions...

Author: By Rediet T. Abebe, CRIMSON STAFF WRITER | Title: City Fails To Elect Mayor for Sixth Time | 2/9/2010 | See Source »

Yale benefited from a balanced offensive attack, which featured goals by six different players. Bulldog Sean Backman paced the team with two assists and the final goal. Little also registered a multi-point game with a goal and an assist...

Author: By Jake I. Fisher, CRIMSON STAFF WRITER | Title: Bulldogs’ Rally Too Much to Handle | 2/8/2010 | See Source »

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