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PENN: I sent you that note first 'cause I thought you were so great in that movie Buck Henry wrote...

Author: /time Magazine | Title: Nicole, Sean, Sydney and Kofi? | 4/18/2005 | See Source »

...week had started in South Africa on a somewhat hopeful note, when Bishop Tutu requested a meeting with State President P.W. Botha. Almost immediately Botha replied that he was too busy to see Tutu privately and suggested that the bishop might be included in a group of church leaders who would be calling on him on Aug. 19. Translation: the Botha government considers Tutu an enemy and is not prepared to grant him any special recognition as the leading emissary of the black community. "By requesting talks with the State President, I am putting my credibility on the line," replied...

Author: /time Magazine | Title: South Africa: Trying to Break the Hammerlock | 4/18/2005 | See Source »

...healthy and competitive economy. Acquisitions are "an important ingredient in a free-market system," says Northwestern's Rappaport. "There's no question that overall they're beneficial." Nor do economists really worry about all the firms in the U.S. eventually blending into one or two gargantuan companies. They note that new concerns are formed at an even faster clip than corporations are consolidating. So while the urge to merge will never end, says Yale Brozen, author of the 1982 book Concentration, Mergers and Public Policy, "that doesn't mean there will be a decrease in the number of companies." Adds...

Author: /time Magazine | Title: Bigger Yes, But Better? | 4/18/2005 | See Source »

They first performed together in the 1946 production of Lute Song. Critics praised Mary Martin but took little note of a young actress named Nancy Davis. Last week Nancy D. Reagan returned to the Broadway stage to pay tribute, along with Robert Preston, Lillian Gish, Carol Channing and Helen Hayes, to Martin, and the response this time was thunderous applause. The First Lady instantly won over the capacity audience by announcing, "I'm a little out of my element. I really don't go around the White House singing." Then, her clear alto voice quavering a bit, she began...

Author: /time Magazine | Title: People: Nov. 4, 1985 | 4/18/2005 | See Source »

...coalition partners suggested that the sale, which reduced the Prime Minister's share in Mediaset to 34.3% from 50.9%, should mute long-standing accusations that his combination of media and political power constitutes a conflict of interest. Opposition leaders, including former Prime Minister Romano Prodi, were quick to note that the media group remained under Berlusconi's control. (The Berlusconi family retains majority voting rights in Mediaset, even with a minority ownership share, a common arrangement in family-dominated media companies.) The move may have been largely business-motivated; Fabrizio Perretti, a professor at Bocconi University, claims that Berlusconi timed...

Author: /time Magazine | Title: Bizwatch | 4/17/2005 | See Source »

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