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...Officials have warned residents that if they choose to stay they will be on their own. "We need you to heed this warning, because we do not have the resources to rescue you," Nagin said. "Make sure you have an ax because you will be busting out of your attic to get to your roof. Get out now. This is not a storm to play with...

Author: /time Magazine | Title: New Orleans Braces for Gustav | 8/31/2008 | See Source »

...find chocolatey growth again. "We're focused on delivering," says CEO Todd Stitzer, the veteran Cadbury executive who is only the second person outside the Cadbury family to run the shop. Stitzer is predicting that yet another restructuring--the company plans to close 15% of its factories and ax 15% of its workers in the next four years--will allow Cadbury's chocolate, candy and chewing-gum business to deliver annual sales increases of 4% to 6% and profit margins in the midteens by 2011 from its current level of around...

Author: /time Magazine | Title: Is Parting Sweet for Cadbury? | 8/28/2008 | See Source »

...posted to Washington as a Navy liaison on Capitol Hill, a political job his Beltway-connected father had performed with flair. Still a rebel by nature, McCain used his connections to lead a rearguard effort to save a $2 billion aircraft carrier from President Jimmy Carter's budget ax, even though McCain was supposed to be representing Carter on the Hill. By 1980, he wanted to stop advising members of Congress and start becoming...

Author: /time Magazine | Title: Understanding John McCain | 8/28/2008 | See Source »

...Although the end of an era has been decreed, the ax will fall on U.S. Sugar's 1,700 local jobs only in 2014 at the earliest. And that gives the town and Hendry County time to create an alternative economic plan. Although there's much talk of expanding the region's industrial, commercial and tourism base, Clewiston Mayor Mali Chamness, a resident since 1963, is adamant that the focus must remain on the land: "Agriculture - that is our option. We're a farming community. We want to stay a farming community." Sugar employees, and the local businesses they sustain...

Author: /time Magazine | Title: No Sugar for a Town's Bitter Pill | 7/16/2008 | See Source »

Working-class TV may draw in viewers with the sensational promise of danger. (In Ax Men, computer animation shows what would happen if a logger got speared by a falling branch.) But underneath that is the scary reality, not unique to drillers and fishermen, of surviving boom-and-bust capitalism with no safety net. Deadliest Catch and its ilk celebrate rather than pity their heroes. But for all the big paydays the characters' work can bring, the shows never forget that hard times are one slipup or bad break away. That's the catch, and it's a deadly...

Author: /time Magazine | Title: Reality TV's Working Class Heroes | 5/22/2008 | See Source »

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