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...billion for Absolut's parent company, Vin & Sprit--which was almost 21 times the Swedish firm's gross operating profit last year. As if to suggest that Pernod Ricard had overreached, Bruce Carbonari, CEO of Fortune Brands (which was trumped in the Absolut auction), claimed that the price for V&S would not provide an "appropriate return" for shareholders. Yet le patron remained unperturbed. Three years ago, the company leveraged itself heavily to acquire Britain's Allied Domecq, a $13 billion deal that doubled Pernod Ricard's size at a stroke and added such brands as Beefeater gin, Ballantine...
...What was striking about the case, Baze v. Rees, was that after 36 years of extensive litigation over capital punishment, the Court is as scattered as ever. A case in which none of the justices ultimately found much merit nevertheless provoked seven separate opinions, controlled by a weak three-judge plurality...
Whether the killing will, in fact, lead to more Shi'ite v. Shi'ite fighting in Najaf remains to be seen. Major Alayne Conway, a spokeswoman for the central division of the Multinational Forces, which operates in the Najaf area, told TIME: "I can tell you that one of our Military Transition Teams operating in Najaf was sent out to get an update on the situation and I know the Government of Najaf called us confirming that Riyadh al-Nouri was killed." But Conway was not aware of any violent reaction...
...Chadbourne said. Chadbourne said he plans to continue to look for other ways to recognize student advocacy, though it does not seem likely that Chadbourne has inspired many followers. “Would I ever name an award after myself?” UC member John T. Staff V ’10 said, “No.” —Staff writer Chelsea L. Shover can be reached at clshover@fas.harvard.edu...
...paradigmatic example of top-down opinion leadership is the Supreme Court’s 1954 “Brown v. Board of Education” decision calling for desegregation. The Supreme Court’s decision reflected and—likely more so—contributed to shifting public opinion on racial issues...