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...DRUGMAKERS Firms that dream up wonder drugs are in one of the few industries that have continued to hire in droves. Swiss-based Novartis AG, which has embarked on a major expansion in the U.S., hired more than 1,800 workers last year and plans to keep hiring at a brisk pace. That includes everyone from marketing and manufacturing staff to people in finance, human resources and, of course, research science. This array of jobs pays anywhere from $30,000 to $300,000 a year. Likewise, Abbott Laboratories hopes to fill 5,000 new positions this year, including posts...

Author: /time Magazine | Title: The Coming Job Boom | 5/6/2002 | See Source »

Luigi-Gino Fasulo had little in common with Mohamed Atta. An affable Italian native who ran an air-taxi business from the lakeside Swiss town of Locarno, Fasulo lived light-years from the bitterness of anti-Western Islamic fundamentalism that fueled the Sept. 11 attacks. But for a long, breathless moment last week after the 67-year-old pilot crashed a small plane into Milan's tallest skyscraper, the world couldn't help thinking back to the indelible images of the World Trade Center's tragic demise orchestrated by the Egyptian-born Atta. As investigators try to figure out what...

Author: /time Magazine | Title: A Moment Of Terror | 4/21/2002 | See Source »

...crash, one of Fasulo's two sons was quoted in the Rome-based daily La Repubblica as saying his father probably committed suicide because of mounting financial problems. An experienced flyer, Fasulo was "very discreet and mysterious about anything related to his plane," a fellow Locarno pilot told Swiss television. Italian Transport Minister Pietro Lunardi ordered checks on Fasulo's health record and financial situation. "There are reasons to believe that something strange happened here ... The plane did everything wrong from beginning to end," Lunardi told reporters. "If this accident had happened before Sept. 11 one might just have talked...

Author: /time Magazine | Title: A Moment Of Terror | 4/21/2002 | See Source »

...Swiss banks will be ordered to return $535 million of embezzled money to Nigeria. The money was stashed in Switzerland by the African state's former military ruler, General Sani Abacha. The Nigerian government has agreed to drop criminal proceedings against the family of the late dictator and allow them to retain $100 million of the estimated $3 billion that Abacha was alleged to have looted during his five-year rule. Nigeria will eventually recover more than $1 billion from banks around the world...

Author: /time Magazine | Title: World Watch | 4/21/2002 | See Source »

...number of corporations because of their historical profit from slavery. The defendants may include such august institutions as Yale University, Brown University and our own Harvard. This lawsuit is modeled on the lawsuits brought by the families of Jewish victims of the Holocaust against companies such as Swiss and Austrian banks...

Author: By Geoffrey A. Starks, | Title: Forty Acres and a Lexus? | 4/15/2002 | See Source »

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