Word: worldlys
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...been sort of living with John Hughes - his spirit, his words and his ideas - for so many years, I really felt like I knew him. His passing was heartbreaking. I was touched to see the incredible outpouring of emotion from people all over the world who talked about how he made their teenage years more bearable...
...executives aggressively reminded journalists that the Grammy party did not cost the company a penny, thanks to sponsorship deals with the likes of Samsung and Xbox. The concern is an indication of how far EMI has fallen since the days when the Spice Girls topped the charts. The world's fourth largest record company, which also has the Beatles and Coldplay on its books, can't afford - or rather can't be seen as being able to afford - its own party...
Meanwhile, one possible buyer lurks on the sidelines: Warner Music, the third largest record company in the world. CEO Edgar Bronfman has long coveted EMI, but mutual intransigence has thus far prevented a merger. Some Terra Firma officials fear that Citigroup simply wants to "flip" EMI by making a quick sale to Warner - a plan Citigroup denies. In its present state, however, EMI's future as an independent company is far from certain. "The trouble is that the future of EMI would look quite good if it wasn't for all the debt," Dyson says. "But it doesn't look...
...little more than a year after Merrill Lynch was officially swallowed by Bank of America, many of the executives of the once storied Wall Street firm - which used the animal that is synonymous with rising stock markets as its mascot - have landed in leadership positions around the financial world...
...serious that the White House convened an "Asian carp summit" on Monday to work out a defense plan. "If the carp invade the Great Lakes, it will change them forever," says Jennifer Nalbone, director of invasive species and navigation for the NGO Great Lakes United. (See the world's top 10 invasive species...