Word: strucke
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...deal in which the online upstart bought the old-media giant, their union has produced a Shakespearean torrent of pain and recrimination. As the Internet bubble burst and advertising slid into recession, the company's executives were slow to adjust their lavish profit-growth promises to Wall Street, which struck back hard. Having tumbled from a high of $56.60, the price of AOL Time Warner's widely held stock stood at $14.81 at the end of last week, representing an almost $200 billion collapse of shareholder wealth. Levin was forced out. So was chief operating officer Bob Pittman...
...Marina Gorbacheva - brusquely and without explanation - rejected three and deferred 21 suits against the city of Moscow brought by Lyudmila's husband, Igor, on behalf of victims and families involved in last October's Chechen hostage crisis. "Everything is clear now," Igor said. "The other complaints will also be struck down." Trunov argued that, under Russian antiterror law, the city should compensate his 61 clients for the three-day siege of a Moscow theater by Chechen separatists. The raid at the Theater Center on Dubrovka ended - as did the lives of 41 guerrillas and about 130 of their more than...
Reading about and watching the poignant new PBS documentary about his life (co-produced and co-directed by Time Inc.'s Bennett Singer and scheduled for national broadcast on Jan. 20) and reading his prose, one is struck by a central, inspiring fact. Rustin never wavered in his belief in true racial integration. He saw the civil rights movement not as a protest against America or an indictment of it but as a way for America to live up to its own principles. In stark contrast to Malcolm X, with whom he civilly debated, Rustin emphasized not what white Americans...
Norman Cousins would have got a kick out of this week's issue. He was the former editor of the Saturday Review who, when struck with a debilitating connective-tissue disorder, checked himself out of the hospital and into a hotel room, where he medicated himself with megadoses of vitamin C and endless reruns of Marx Brothers movies and old episodes of Candid Camera--anything that would keep him laughing and relieve his pain. It worked, according to the account he wrote up for the New England Journal of Medicine and later published as a book, Anatomy of an Illness...
INDICATORS Truce In The Chocolate War The E.U.'s high court struck down Spain and Italy's restrictions on British chocolate, ending a nearly 30-year battle. The countries can no longer call British products, which contain up to 5% vegetable fat, "chocolate substitute." But there is one rearguard action left. They don't have...