Word: although
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Dates: during 2000-2000
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Pittman has emerged as the battlefield commander, with what many view as an insurmountable goal: to shape Time Warner's disparate, shark-infested corporate divisions and AOL's single-minded Internet entrepreneurs into a lean, mean conquering force. Although Levin insisted that the new headquarters be in New York, the cost was the defenestration of much of Time Warner's corporate staff. Many of the top executive roles have gone to AOL. Middle managers from the two companies have clashed over, among other things, ad-sales strategies and Time Warner's compensation structure. "A lot of [AOL executives] came...
...fear is that the AOL contingent will drive for growth too fast. There are rumors that the music or movie businesses might be sold, although Parsons denies this. And at Time Inc., the publishing division, there is concern that fledgling projects, including magazine start-ups, might be cut because the new regime is so short-term oriented. "The minute there is a case where we're being asked to cut into our core business because some other division didn't make its numbers, there's going to be trouble," says an executive. "If top people like Logan, [Jeff] Bewkes...
...solemn album, and although not religious, its soulful vocals and reggae-inflected grooves have the quiet power of prayer... Just as prayers are ultimately about love, this CD is suffused with that emotion as well...
...your Special Report on Innovation [INVENTORS & INVENTIONS, Dec. 4], the article "A New Factory for a New Age," about an advanced powder metallurgy press, contained some inaccuracies. Although the new metal powder compacting system developed by Mii Technologies that you focused on is a genuine breakthrough, it was wrong to characterize the compacting presses currently in use as "remarkably crude." They are light-years away from that description. Today's presses are computer-monitored precision-production machines that can produce high-quality products at a fast rate. You were also wrong to state that current powder presses are the size...
TIME TO REFINANCE If you bought a house this year, you enjoyed both a hot market and mortgage rates that spiked at nearly 9%. You need some relief--and now may be a good time to think refinance. Although rates will probably continue to ease, some experts suggest refinancing now, while the saving is assured. This is not like the last refinancing boom, in 1992, when homeowners needed at least a 2% differential to make refinancing pay. Lower bank refinance charges have changed the equation...