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...continental Europe does business. Germans in particular have taken pride in their "humane" form of capitalism, characterized by relatively short working hours and high pay, in contrast to what they see as a more cutthroat, competitive American way. But as global competition grows, European firms are under pressure to trim costs. Private-equity transactions--in which investors buy up a company using substantial amounts of debt, overhaul operations, then sell out after a few years--have been common for years in the U.S. and Britain. They used to be the rare exception in continental Europe, where financial leverage has long...

Author: /time Magazine | Title: Buyout Mania | 7/18/2005 | See Source »

MOST INNOVATIVE RESTAURANT CONCEPT At Primi in West Los Angeles, the menu consists of primi piatti, first dishes that are appetizer-size portions of new-wave Italian specialties. In this sparkling café, with its black lacquer and mirror trim, a meal may include samplings of tiny clams in a garlicky tomato broth, tagliatelle in a meat and porcini sauce, chunks of snowy fish steamed with vegetables, duck breast rolled around a pureed olive "caviar." It is in relaxed contrast to Owner Piero Selvaggio's pricey, well-established Valentino...

Author: /time Magazine | Title: Most Of '85: Goodbye to Gumbo and All That | 6/21/2005 | See Source »

NATION: Republicans try to trim the Democrats' big lead in Governors...

Author: /time Magazine | Title: Table of Contents, Oct 20 1986 | 6/21/2005 | See Source »

...DIED. MITSURU HANADA, 55, slight but skillful grappler hailed as the "Prince of Sumo" for his courageous style and good looks; from oral cancer; in Tokyo. A trim 100 kg, Hanada?who fought as Ozeki Takanohana I?followed his grand-champion elder brother Wakanohana I into the dohyo (ring), reaching the sport's ?lite division at age 18 and attracting a spirited fan base over his 16-year career. After retiring in 1981, Hanada became director of the Japan Sumo Association; he is the father of two grand champions of the 1990s, Wakanohana III and Takanohana...

Author: /time Magazine | Title: Milestones | 6/6/2005 | See Source »

True, baring all on TV is a great way to become successful--at baring all on TV. But it won't necessarily sell any CDs. For every Jessica Simpson, who this summer stars in the Dukes of Hazzard movie, there's an Anna Nicole Smith, who's shilling for Trim Spa. Fat Actress put Alley on magazine covers, but then its ratings plummeted like her weight...

Author: /time Magazine | Title: Television: Coming Back Is Hard To Do | 5/29/2005 | See Source »

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