Word: solding
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...Ross - Mahogany and the Billie Holiday biopic Lady Sings the Blues. The 80s brought Rick James and Lionel Richie and The Big Chill - a white, yuppie film with an amazing Motown soundtrack ("Aint Too Proud To Beg" was reduced to dishwashing music). By 1988, Gordy had had enough; he sold the company to MCA, which in turn sold it to Polygram, which in turn was bought by Universal. Really, though, who cares who owns it now? Just pop on one of those numerous greatest hits albums in your collection (or, ok, fine, The Big Chill soundtrack) and recall the glory...
...science and another $2 million for the operations—the fuel, pilots, maintenance of the aircraft,” and is being funded and supported by the center for atmospheric research and the National Science Foundation, which owns the plane. “This plane is not sold for commercial use—it is sold for very high-end executives, and we of course don’t have it configured anything like they would,” Wofsy said. —Staff writer Elyssa A. L. Spitzer can be reached spitzer@fas.harvard.edu...
...hard about risk. They were partnerships, and partners couldn't cash in until they'd been on the job for decades. This amounted to an implicit clawback system, with the other partners doing the clawing. The partnership model began to break down in 1970, when upstart Donaldson, Lufkin & Jenrette sold shares to the public. Merrill Lynch followed a year later, and in 1999 Goldman Sachs was the last big firm to go public. Perhaps that was all a mistake. "It's a radically regressive idea, but I honestly think Lehman Brothers would have been better off as a partnership," says...
...Perhaps appropriately, the Normandie ended its days in New York. While being refitted as a troop ship in 1942, it caught fire, capsized and sank in the Hudson River at 47th Street. At war's end it was sold for scrap. But along with other reminders that the two great cities were once joined at the hip of all that was hip, the Normandie lives on in wood, silver and memory. Rivalries end, style endures...
...doubtful that the obsession with Jobs and his health will end anytime soon, given how well he has positioned the company. Apple's computer division had a record year in fiscal 2008 and sold 9.7 million Macs, enjoying a growth rate twice that of the industry average. And that's actually the least interesting part of Apple's business. With the advent of the iPod and the follow-on success of the iTunes Store, Apple has sold 6 billion songs in six years to some 75 million people...