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...good businessmen should be, ruthless beyond the imagination of the general public. He gave Yahoo's board a chance to do the right thing for its shareholders. Once Yahoo turned Ballmer down, he kept leaking comments about ongoing interest to the press. Just as Yahoo was beginning take on water because of the economy, Ballmer was messing with the minds of its board and shareholders. He did not get the chance to buy Yahoo, so he poisoned its well instead by keeping the market, the company's employees, and its board in a constant state of hyper-vigilance about...

Author: /time Magazine | Title: Why Yahoo! Doesn't Matter Anymore | 2/23/2009 | See Source »

...Airlines need to pay over $1 million to airports in gate fees to have ample space for their aircraft—including extra aircraft for emergencies. When airlines face so much financial strain that even water costs money, it’s clear that airlines do not have the means to pay airports for as many gates as are necessary to accommodate delayed flights. Disasters like JetBlue Flight 751 are the result...

Author: By Ayse Baybars | Title: Hard Times, High Fares | 2/22/2009 | See Source »

...mind the Atlantic City casinos built in that decade. The casinos aspire to grandeur—domed, cream ceilings, great pseudo-classical columns, golden moldings—and yet are undone by the very beginning of paint peel, the first sag of the ceiling, the discolored hint of water damage from shirking on the plumbing. They might have looked good when they were first built, but they were never built to last. The defects were there from the beginning, but they were covered up by young plaster and the excitement of novelty, by the distraction of the slot machines...

Author: By Sanders I. Bernstein, CRIMSON STAFF WRITER | Title: Morrissey | 2/20/2009 | See Source »

...theories, however, just don’t seem to hold water. These reasons, albeit of noble sentiment, seem superfluous to survival, to the daily nine-to-five grind, to making the next mortgage payment. Can’t this all wait until the economy is back on its feet? Why is it important that we produce...

Author: By Sanders I. Bernstein, CRIMSON STAFF WRITER | Title: The Role of Artists in the Face of Recession | 2/20/2009 | See Source »

...governments were quick to point out that there was no risk to the missiles on board. French defense minister Herve Morin called the collision an "incredible incident," and promised better communication with the British. Some commentators estimated the chance of two submarines intersecting in such a vast body of water at one in 85 million...

Author: /time Magazine | Title: The Nuclear Risk: How Long Will Our Luck Hold? | 2/20/2009 | See Source »

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