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...Jakarta, with only a limited amount of time to buy presents for family and friends back home. Where do you head to? To the acme of batik shops, naturally. And that would be the one on Jalan Purworejo, run by Josephine Komara - better known by her Indonesian name, Obin, www.binhouse.com...

Author: /time Magazine | Title: Fabric of Life | 9/20/2007 | See Source »

...wasn't kidding. Almost immediately after Northern Rock announced on Sept. 14 that the Bank of England had agreed to make an unspecified amount of emergency funds available to it, worried depositors began retrieving their savings. Although the Bank's move aimed to reassure punters, it only served to spook them. Worried that the lender - Britain's fifth-largest mortgage provider - was in danger of insolvency, savers across the country rushed to clean out their accounts, ignoring assurances from the bank's CEO and Britain's Financial Services Authority (FSA) that Northern Rock's capital reserve was sound...

Author: /time Magazine | Title: Rock Bottom | 9/20/2007 | See Source »

...Merck products," says Sturchio. "Health leads to wealth, and there is a long-term benefit to our business." Nevertheless, Sturchio contends that Merck's primary motivation for its CSR work is "because it's the right thing to do. It makes our employees proud ... People always underestimate the amount of altruism among those who work for companies." Adds Hellman: "A lot of people in the private sector are genuinely concerned about issues like AIDS and TB. And our experience is that this is not a Trojan horse [for their corporate interests]. There's little money...

Author: /time Magazine | Title: The Halo Effect | 9/20/2007 | See Source »

TIME: How necessary is it to spend heavily in order to do this well? Pollitt: It's not about the amount of money spent on programs, it's about the effectiveness. It's about answering the question, "Is this getting value for society and for shareholders?" If it's not, they're doing it wrong...

Author: /time Magazine | Title: Enlightened Self-Interest | 9/20/2007 | See Source »

...been out of office for more than a year and a half now--and has spent, by his own account, a notable amount of that time in the bathtub. Yet many Americans still want to believe that Alan Greenspan is in charge of the economy...

Author: /time Magazine | Title: It's Not His Economy | 9/20/2007 | See Source »

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