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it would slash its workforce by 15%, and InterActiveCorp, the U.S. owner of Expedia, announced a 25% drop in second-quarter net profits. Where are travelers booking? Directly with airlines - plus hotel chains like Hilton are increasingly promoting their own sites, says Simon Champion, leisure analyst at Deutsche Bank, leaving...

Author: /time Magazine | Title: Bizwatch | 8/8/2004 | See Source »

Obama became a state senator in Illinois in 1997. In 2000, he had a career low point, when he lost a race against Bobby Rush for U.S. Congress. Rush, a former Black Panther, ran as the incumbent, and many in the black community didn’t find Obamaâ?...

Author: By Lauren A.E. Schuker, CRIMSON STAFF WRITER | Title: Obama Stars at Convention | 7/30/2004 | See Source »

"I would like you to please hurry." AFGHANISTAN PRESIDENT HAMID KARZAI, appealing to NATO for more troops before his country's September elections

Author: /time Magazine | Title: Verbatim: Jul. 12, 2004 | 7/12/2004 | See Source »

Sitting in the movie theater watching Michael Moore's Fahrenheit 9/11 amid an audience utterly riveted by a movie speaking to its deepest emotions, I kept getting a sense of deja vu. Where had I felt such crowd dynamics before? And then I remembered. What I was sensing was eerily...

Author: /time Magazine | Title: Blinded By The Light | 7/12/2004 | See Source »

(2 of 3) France, Germany and some other nations are trying to resist such pressures by calling for a "harmonization" of E.U. taxes - in other words, raising everyone else closer to their higher levels. But there's no majority in Brussels for tax harmonization, and swimming against the tide is...

Author: /time Magazine | Title: Escape From Tax Hell | 7/11/2004 | See Source »

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