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Nike's soccer standing is impressive because, for the company's first 27 years, it basically ignored the sport. Nike built itself into the world's top sports brand by capitalizing on the 1970s jogging boom and the growing global infatuation with basketball in the 1980s and 1990s, headlined by the most valuable endorser in corporate history, Michael Jordan. Adidas seemed invincible in soccer because the sport put the company on the map. For the 1954 World Cup in Bern, Switzerland, Dassler had designed the first soccer shoe with replaceable cleats, or screw-in studs, at the bottom. An hour...

Author: /time Magazine | Title: Competition: Global Game | 5/14/2006 | See Source »

...feature what a University press release calls “an unusual pearlescent facade that changes subtly with the day’s lighting.”Together, the projects—to be completed by 2007—comprise the biggest component of an $800 million building boom that is one of the largest in Harvard’s history and is driving the Faculty of Arts and Sciences into a financial squeeze not felt in University Hall since the early 1990s.Notably, none of the three North Yard projects bear the name of a donor.University President Lawrence H. Summers...

Author: By Anton S. Troianovski, CRIMSON STAFF WRITER | Title: In FAS Financial Outlook, Key Questions Remain | 5/12/2006 | See Source »

...just the beginning. After 15 hikes in less than two years, the Federal Reserve has signaled that it has probably finished bumping up interest rates, but for people who borrowed heavily to buy new homes during the recent boom, the damage is done. Those hugely popular adjustable-rate mortgages (ARMS) have always had a catch--the low initial rates last only a year or so--and the new terms are now kicking in for the latest wave of ARM holders...

Author: /time Magazine | Title: Mortgage Mess | 5/10/2006 | See Source »

...letter outlined Kirby’s priorities and took a retrospective look at his deanship. His four years in University Hall saw a building boom worth almost a billion dollars, the growth of the Faculty from 635 professors to 703, and the beginning of the College’s first full-scale curricular review since the 1970s...

Author: By Anton S. Troianovski, CRIMSON STAFF WRITER | Title: Kirby Bids Farewell in Letter | 5/8/2006 | See Source »

...letter outlined Kirby’s priorities and took a retrospective look at his deanship. His four years in University Hall saw a building boom worth almost a billion dollars, the growth of the Faculty from 635 professors to 703, and the beginning of the College’s first full-scale curricular review since the 1970s...

Author: By Anton S. Troianovski, CRIMSON STAFF WRITER | Title: From Kirby, A (54 Page) Long Goodbye | 5/7/2006 | See Source »

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