Word: wave
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Private-equity firms pumped up with vast amounts of money are snatching public companies in an unprecedented buyout wave. In an updated, renamed version of the leveraged buyout, or LBO, private-equity firms acquire undervalued companies, load them with debt, overhaul operations and then return them to the stock exchanges whence they came in ballyhooed IPOs--collecting fees at every turn. Fever pitch officially took hold last week when hospital chain HCA was taken private by its management, founder and three buyout firms in a record deal worth more than $30 billion...
...future may be useful, and has overhauled the optics of the job to give her coverage greater pizazz. In Washington she appears with world leaders in front of a fireplace that could be in the Oval Office. Abroad, she is photographed stepping from a plane with an almost presidential wave, a shot that Colin Powell's staff rarely facilitated. "The time for diplomacy is now," she said at her confirmation hearing. It was a message not only to the world but also to parts of the Administration that had thwarted Powell...
...guests can pick up staples like bedsheets and bottled water, and sign up with the Ministry of Labor for help finding work. (Less lucky are the hundreds of thousands of Syrian migrant workers suddenly back home and jobless - the legion of cheap labor that built the recent wave of pricey new Beirut high-rises, and cleaned the apartments inside...
...bragging, or maybe she was simply tickled by the fact that things are going her way. The sweaty crowd at London's small but sophisticated Bush Hall last Monday already knew she was at the top of the charts - but cheered anyway. Even the blistering heat wave baking Britain's streets seemed timed to make Allen's summery blend of laid-back ska, pop and hip-hop seem all the more appropriate. Her single Smile is already as inescapable as the heat, wafting from open windows and workmen's radios alike. [an error occurred while processing this directive] The Bush...
...Columbia University. "The public has to be aware of what to do, and that's education." In Indonesia, such educational programs are only in place on Sumatra, which bore the brunt of the 2004 tsunami, and even there, only pockets of the island would be prepared if a wave hit tomorrow. "The rest of the country is still very vulnerable," says Pariatmono, coordinator for the development of the tsunami-warning system...