Word: facings
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...filmmakers bend this into a coming-of-age love-story road-movie quest epic. With many sharp laughs. And characters rich enough to occupy any movie that doesn't depend on head-bashing and entrails-feeding. And a deft directorial touch that rarely pushes the humor in your face. (See TIME's photo essay "Rise of the Zombies...
...Europe's biggest weapons maker, BAE Systems is used to mounting a defense. But the British firm may soon face its toughest fight yet. Britain's Serious Fraud Office (SFO) said Thursday it plans to prosecute BAE over allegations - consistently denied by the company - that the company paid millions of dollars in bribes to land lucrative business from countries in Africa and Eastern Europe. The agency will soon ask Britain's Attorney General for permission to start legal proceedings, it said in a short statement. BAE, for its part, would "deal with any issues raised in those proceedings...
...prospect of a trial - not to mention the enormous financial penalties BAE would face if found guilty - was enough to worry some of the firm's investors. The company's stock fell more than 5% Thursday following the SFO's statement. After a checkered few years, BAE's reputation will likely fare little better. Concern for Britain's national security pushed the British government in 2006 to order a halt to a separate SFO probe into allegations that BAE paid bribes to secure business with Saudi Arabia in the mid-1980s. The inquiry into the $69 billion "Al-Yamamah" arms...
...miss the huge legal dustup swirling around him over the bank's deal late last year to buy Merrill Lynch. The Securities and Exchange Commission (SEC) and New York attorney general Andrew Cuomo have been investigating whether Lewis misled shareholders to gain approval of that acquisition. He could soon face charges in those probes. (See the top 10 crooked CEOs...
...renewal of talks with Tehran follows President Barack Obama's warning to Iran that it must discuss Western concerns about its nuclear program or else face a new round of sanctions. But Iran has hardly been in an accommodating mood. A week ago it wrote to the International Atomic Energy Agency (IAEA) to reveal that it was building a uranium-enrichment facility in the mountains near Qom. (Obama announced the existence of the hitherto secret facility four days later, and U.S. officials claimed that Tehran had preempted him only because it was aware that it had been caught red-handed...