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...With temperatures simmering and families spending summer days at the shore, most customers aren't exactly in the Christmas spirit. So what convinced Sears, which has seen nothing but annual same-store sales declines at both its namesake and Kmart stores over the past four years, that skeptical shoppers want to open up their wallets for Christmas gifts now? "After the last holiday season, customers told us that they wish they had seen some of our merchandise earlier," says Natalie Norris-Howser, a Sears spokeswoman. "People are buying earlier today. Also, customers have grown accustomed to the Christmas-in-July...

Author: /time Magazine | Title: Kmart's Christmas in July: Inspiration or Desperation? | 7/15/2009 | See Source »

...green SUV? It's certainly possible. But it wouldn't be a car accessible to many people. Take Chevy's Tahoe Hybrid, for example. This truck contains cutting-edge technology. But [here's] the bottom line for this hybrid SUV: 21 m.p.g. at a cost of $50,000. Those aren't stats that come close to practical. When gas reaches $6 per gallon, Americans will take the path of least resistance - and that means driving smaller cars and moving to more walkable places. (See the 50 worst cars of all time...

Author: /time Magazine | Title: How the Coming Rise in Gas Prices Will Change the World | 7/15/2009 | See Source »

...Recycled Energy Development, can get almost frustrated when they explain how much energy we leave on the table in just about everything we do. They can walk into a steel plant and immediately find 50 megawatts worth of wasted juice and design ways for it to be captured. There aren't many people who can do what the Castens do. As the price of gas goes up and our energy crunch becomes more acute, however, more companies like RED will surely...

Author: /time Magazine | Title: How the Coming Rise in Gas Prices Will Change the World | 7/15/2009 | See Source »

...staffed with former soldiers. The bingtuan contributed one-sixth of Xinjiang's economic output in 2008. But while Uighurs and other minority groups make up about 60% of Xinjiang's population, they comprise just 12% of the bingtuan's ranks. While per capita income figures based on race aren't available, counties in northern Xinjiang with larger Han populations are wealthier than in the largely Uighur south of the region. Witnesses said the rioters last week were young Uighur men, and some observers have suggested they were poorer migrant workers from the south of the region rather than long-term...

Author: /time Magazine | Title: Why the Uighurs Feel Left Out of China's Boom | 7/14/2009 | See Source »

...April, meaning its owners are in no condition to pay up. That's why workers are demanding that the plant's two biggest clients - the makers of Renault and Peugeot cars - provide the $41,000 for each job being eliminated. Not surprisingly, officials at both those groups say they aren't going to pony up the total $14 million that would cost - especially since the machinery and auto parts at the plant are scarcely worth $2.8 million. (See pictures of the best-selling cars in China...

Author: /time Magazine | Title: French Workers Facing Layoffs Threaten Explosive Action | 7/13/2009 | See Source »

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