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...hand, Breen is in the enviable position of figuring out how to spend it. Next year he plans to raise Tyco's dividend and make at least one acquisition in health care or electronics. Wary of anything that looks like hubris, Breen shrugs off his role as poster boy for corporate housecleaning but admits, "It feels good to be at a great company." --By Jyoti Thottam

Author: /time Magazine | Title: Ed Breen: TYCO | 12/17/2004 | See Source »

...line, Vote or Die!, earned its fair share of derision) kept his fans--and the gossip pages--rapt. But fame alone doesn't really pay the bills. No other CEO has combined celebrity and smart branding quite like Sean (P. Diddy) Combs, 35, head of the sprawling Bad Boy Worldwide Entertainment Group. Combs' $300 million urban empire includes a hip-hop record label, two restaurants, a music-publishing arm and a marketing company, Blue Flame, which teaches FORTUNE 500 clients like Pepsi and Microsoft how to reach an inner-city audience. And in June, Bad Boy's crown jewel...

Author: /time Magazine | Title: Sean Combs: BAD BOY WORLDWIDE ENTERTAINMENT GROUP | 12/17/2004 | See Source »

Combs survived a hard childhood in Mount Vernon, N.Y.; a senseless bicoastal rap war in the 1990s that probably cost the life of his best friend, top Bad Boy performer Christopher (Biggie Smalls) Wallace; and a 2001 gun-possession trial, which ended in acquittal, before acquiring his mainstream profits. And he's not finished. Bolstered by a $100 million investment from Los Angeles supermarket billionaire Ron Burkle, Combs signed a licensing deal with Estée Lauder to launch a men's fragrance next fall. This summer he opened a Sean John retail store on Manhattan's Fifth Avenue. More stores...

Author: /time Magazine | Title: Sean Combs: BAD BOY WORLDWIDE ENTERTAINMENT GROUP | 12/17/2004 | See Source »

...pulp fiction; that's how the '60s novel and film The Carpetbaggers played it. Martin Scorsese and screenwriter John Logan take a statelier approach, retelling two decades of Hughes' life in chronological order and trying to explain his degeneration with an eerily erotic scene of his mother washing the boy Howard and warning him of the dangers of pestilence. This penny-Freud thesis can't support the film's nearly three ambling hours. We're happy to take the trip with Hughes but don't know how he reached Destination Crazy Hermit...

Author: /time Magazine | Title: Movies: Looking for Hughes in the High Clouds | 12/17/2004 | See Source »

...responds the little boy...

Author: By Marianne F. Kaletzky, CONTRIBUTING WRITER | Title: Movie Review - Beyond the Sea | 12/17/2004 | See Source »

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